GFInet Chooses Metromedia for Infrastructure Managed Services

📅 July 9, 2001 - GFInet, Inc. (gfinet.com), a global online brokerageservice, has selected Metromedia Fiber Network (mmfn.com) for outsourcedInternet infrastructure managed services.

The company has entered into a multi-year agreement to use MFN's SiteOperations Platform (SOP) to support its online trading and informationsystems, including the recently launched GFInet FX Option trading system.
Due to the potential volatility of the global markets that GFInet serves,one second of downtime can translate into missed profit opportunities, oreven significant losses for online traders. MFN says it's platform canprovide GFInet with a reliable, secure and scalable site, enabling thecompany to handle the large fluctuations in site traffic brought on byever-changing market conditions. MFN also offers a 100 percent uptime SLA.
However, for companies like GFInet that have already invested in buildingtheir own Internet infrastructure, the SOP can be tailored to include itsexisting hardware.
Russ Lewis, executive vice president and chief information officer ofGFInet, stated that a key factor in the decision to outsource with MFN wasthat they could incorporate GFInet's existing infrastructure into its SOP."This is significant because it capitalizes on GFInet's investment inhardware," Lewis said.

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