FXall Extends and Expands Hosting Agreement with Savvis
May 06 2012 - 1:02PM
PR Newswire (Canada)
Leading Electronic Foreign Exchange Platform to Increase
Infrastructure Footprint in Response to Client Demand and Market
Growth ST. LOUIS, May 7, 2012 /CNW/ - Savvis, a CenturyLink company
and global leader in cloud infrastructure and hosted IT solutions
for enterprises, today announced that FXall , the leading
independent electronic foreign exchange platform, has renewed its
hosting and infrastructure services agreement with Savvis and will
take additional data center space to accommodate client demand and
ongoing market growth. (Logo:
http://photos.prnewswire.com/prnh/20111122/CG10879LOGO ) FXall -
providing more than 1,000 institutional clients a choice of
execution, end-to-end workflow management and straight-through
processing - receives hosting services in Savvis' NJ2 data center
complex in Weehawken, N.J. FXall's customers can colocate in the
facility and utilize direct fiber cross connects to establish the
lowest latency connections available for trading on the platform.
Additionally, FXall connectivity is available across Savvis' global
low-latency network. "Hosting our matching engine in Savvis' data
center allows us to streamline the process of connecting to our
trading partners and clients to deliver ultra-low-latency
connectivity, while leveraging a market-leading IT infrastructure
service," said Steve Rubinow, chief information officer for FXall.
The global foreign exchange market represents average daily
turnover of interbank, corporate, institutional and retail trading
venues estimated at $4 trillion, which is more than 12 times the
average daily turnover of global equity markets combined.
Approximately 43 percent of global spot foreign exchange (FX) daily
volume is matched on trading engines that are hosted in Savvis data
centers, with all key venues in the market within 100 microseconds
of a Savvis facility. "With increasing volumes and liquidity within
the FX markets, we continue to see strong interest from clients in
connecting to FXall," said Varghese Thomas, global head of
financial services for Savvis. "Savvis builds compelling trading
ecosystems for our clients, offering connectivity to numerous
venues, and we are very proud that FXall continues to choose Savvis
as its hosting infrastructure provider." Trading firms interested
in connecting to FXall should contact Savvis at 800-728-8471 or
GEMS@savvis.com. For further information, please visit
www.savvis.com/financial. About SavvisSavvis, a CenturyLink
company, is a global leader in cloud infrastructure and hosted IT
solutions for enterprises. Nearly 2,500 unique clients, including
more than 30 of the top 100 companies in the Fortune 500, use
Savvis to reduce capital expense, improve service levels and
harness the latest advances in cloud computing. About
CenturyLinkCenturyLink is the third largest telecommunications
company in the United States. The company provides broadband,
voice, wireless and managed services to consumers and businesses
across the country. It also offers advanced entertainment services
under the CenturyLink™ Prism™ TV and DIRECTV brands. In addition,
the company provides data, voice and managed services to
enterprise, government and wholesale customers in local, national
and select international markets through its high-quality advanced
fiber optic network and multiple data centers. CenturyLink is
recognized as a leader in the network services market by key
technology industry analyst firms, and is a global leader in cloud
infrastructure and hosted IT solutions for enterprises through
Savvis, a CenturyLink company. CenturyLink's customers range from
Fortune 500 companies in some of the country's largest cities to
families living in rural America. Headquartered in Monroe, La.,
CenturyLink is an S&P 500 company and is included among the
Fortune 500 list of America's largest corporations. For more
information, visit: www.savvis.com or www.centurylink.com. About
FXallFXall is the leading independent global provider of electronic
foreign exchange trading solutions, with over 1,000 institutional
clients worldwide. FXall's offices in New York, Boston, Washington,
London, Zurich, Hong Kong, Tokyo, Singapore, Sydney and Mumbai
serve the needs of active traders, asset managers, corporate
treasurers, banks, broker-dealers and prime brokers. For more
information on FXall, visit www.fxall.com. SOURCE Savvis Savvis
CONTACT: Justin Lopinot, +1-314-628-7053,
justin.lopinot@savvis.comhttp://www.savvis.comhttp://photos.prnewswire.com/prnh/20111122/CG10879LOGOPRN
Photo Desk, photodesk@prnewswire.com
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