May, 2003 : SAVVIS and RTM Sign Network Services Agreement

📅 May 12, 2003 - SAVVIS Communications (savvis.com) and RTM (Rede de Telecomunicacoes para o Mercado) (rtm.net), the network services provider for the Brazilian financial market, today announced a comprehensive network services agreement.

Under the agreement, SAVVIS will provide global IP connectivity to RTM to support its customers who demand connections with the global financial market. RTM will also serve as an authorized reseller of SAVVIS? Intelligent IP Networking services and extend the SAVVIS Financial Xchange platform throughout Brazil.
"This agreement with SAVVIS is an important strategic move for our company and for the market we serve," said Andre Mello, RTM's general director. ?By leveraging the SAVVIS global network and SAVVIS Financial Xchange we are able to extend our financial network, the largest private and secure financial extranet in Brazil, to the most important financial centers in the world."
SAVVIS Financial Xchange combines VPNs (virtual private networks), managed hosting, and business-quality Internet access to the financial services industry. Financial Xchange services currently connect more than 4,700 financial institutions.
"RTM, like SAVVIS, has an important heritage in delivering the highest quality network services to the financial services industry, the most demanding customer for real-time data and network availability," said Jim Mori, executive vice-president and general manager of the Americas for SAVVIS. "The partnership with RTM showcases the quality of the SAVVIS network and we look forward to assisting RTM in delivering SAVVIS Financial Xchange services to Brazil, the most important financial center of Latin America."
With more than 500 customers, RTM provides voice, data and image traffic to financial industry companies. Headquartered in Herndon, Virginia and St. Louis, Missouri, SAVVIS Communications is a managed services provider that delivers IP VPNs, hosting, and application services to businesses.