pagoo extends beyond national boundaries and provides the world’s first truly cross border service
Paris & London, May 7th, 2015 - Interoute, owner and operator of Europe’s largest cloud services platform, has announced that it has been chosen by Orwell, a pan-European financial services group, to host its new online current account service ipagoo. Available in France, the United Kingdom, Spain and Italy ipagoo is designed for all customers wishing to carry out transactions abroad.
Carlos Sanchez, CEO of Orwell, said: "Currently, 2.4 million British citizens and 25 million Europeans reside in an EU country other than their country of origin and 2.5 million people change countries every year. These people find it difficult to open a traditional bank account, which can take several months to complete and the process can be complicated and time consuming. Added to this, small businesses that make regular transactions in the European Union (there are 127,000 in the UK alone) are faced with prohibitive costs and delays in payment that can damage their business. "
Eager to launch its online services initially to expatriate clients, Orwell sought a highly secure hosting provider with Payment Card Industry Data Security Standard (PCI-DSS) certification.
Russ Fray, CIO at Orwell, said: "Having a provider that could implement a solid infrastructure, giving industry leading security, reliability and performance, was critical in allowing us to offer our new online financial services. Interoute’s European dimension fits our requirements perfectly, both in terms of regional language and hosting locations and their reputation for quality is second to none."
Security was the number one priority for Orwell whose service is subject to review by the FCA, the financial regulatory body in the UK. Orwell has already planned significant investments in security, as a sign of an overall commitment to its current and future customers.
Interoute has designed a secure distributed and hybrid cloud platform hosted in two Interoute sites; one in London as a live environment and the other in Paris for test and development. In addition, Interoute provides backup services as well as a Virtual Private Network (VPN) tunnel between Orwell’s premises and the hosted platforms.
Neil Downing, Country Manager for Interoute UK, said: "We are delighted to support Orwell's online services development. Interoute’s highly scalable platform allows Orwell to provide products and additional services to new and existing customers."
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About Orwell Group
Orwell is an independent financial group that provides innovative financial services in cash management, including current account, multi-country and multi-currency services. Orwell is based in the UK and has offices in Paris, Madrid, Milan and Auckland. www.orwellg.com
Interoute Communications Limited is the owner/operator of Europe's largest cloud services platform, which encompasses over 67,000 km of lit fibre, 12 data centres, 13 virtual data centres and 31 collocation centres, with connections to 195 additional third-party data centres across Europe. Its full service Unified ICT platform serves international enterprises, as well as every major European telecommunications incumbent and the major operators of North America, East and South Asia, governments and universities. These organisations find Interoute the ideal partner for computing, connectivity and communications and developing new services. Its Unified ICT strategy has proved attractive to enterprises looking for a scalable, secure and unconstrained platform on which they can build their voice, video, computing and data services, as well as service providers in need of high capacity international data transit and infrastructure. With established operations throughout mainland Europe, North America and Dubai, Interoute also owns and operates dense city networks throughout Europe's major business centres. www.interoute.com
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