Mar, 2009 : Switch and Data Targets Financial Services


📅 - Data center operator and Internet exchange provider Switch and Data (switchanddata.com) reported on Wednesday that it has launched its Financial Services Practice, a set of solutions developed to provide the volume and low-latency needs of electronic trading market.

According to the press release, the new offering will "provide comprehensive data center solutions for pre/post trade service providers, the buy side, and sell side communities in the equity, options, futures and currency markets."

Though the press release specifically mentions the demands of SEC regulations for trading markets, the Financial Services Practice seems to be more a matter of services being optimized to the needs of a certain set of clients.

"Regulatory changes and fragmented liquidity have driven an explosion of market data volume and the need for highly secure data center space," says John Panzica, vice president of Switch and Data's Financial Services Practice, quoted in the press release. "Switch and Data's new practice understands this demand and helps customers develop custom solutions to meet their ever-growing low-latency connectivity, space and power needs in North America's leading financial centers."

Switch and Data says its Financial Services Practice was developed to help financial services companies deploy infrastructure with special consideration given to a list of challenges that includes speed and scale, ecosystem access, reliability and cost effectiveness.

The "ecosystem access" features refer to the access to hundreds of fiber providers, carriers, managed service providers and financial extranets available through the company's facilities.

According to the announcement, Switch and Data has added more than 250,000 square feet of data center capacity, and has applied SAS 70 certified processes across its footprint.

switchanddata.com Reads: 1862 | Category: General | Source: TheWHIR : Web Host Industry Reviews
URL source:

Company: switchanddata.com

Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!

Related news


📅 - Atlantic Metro Expands Into Switch and Data - Internet exchange services provider Switch and Data (switchanddata.com) announced on Tuesday that managed hosting provider Atlantic Metro Communications (atlanticmetro.net) has expanded its network points of presence at Switch and Data's sites in North Bergen, New Jersey and Manhattan.


In January, IP network services provider NTT America expanded across Switch and Data's colocation facilities in Atlanta, Dallas, New York, Seattle, and Palo Alto, California.


This latest expansion lets Atlantic Metro provide additional and enhanced managed colocation, managed Internet service, metro transport, IP Bandwidth, WiMAX, managed hosting and voice solutions for its ...
📅 - NTT Enables IPv6 at Switch and Data - Internet exchange services provider Switch and Data (switchanddata.com) announced on Tuesday that IP network services provider NTT America (nttamerica.com) has expanded across Switch and Data's colocation facilities in Atlanta, Dallas, New York, Seattle, and Palo Alto, California.


Enterprise and service provider customers in Switch and Data's sites in these markets will now be able to gain direct access the NTT Communications Global IP Network, the world's only commercial grade global Tier-1 IPv6 backbone operating across four continents.


Web hosting provider SoftLayer Technologies also announced on Tuesday it is now offering IPv6 support across its Dallas, ...
📅 - Switch and Data Takes $22.5M Credit - Colocation provider Switch and Data (switchanddata.com) has borrowed an additional $22.5 million through an existing credit line with the Royal Bank of Canada to fund its expansion in the New York metro area, according to a filing with the Securities and Exchange Commission.


Switch and Data joins other providers that have extended their line of credit during the economic downturn, including Rackspace Hosting and Newtek Business Services.


The company said the line of credit brings the total borrowings under the agreement to $142.5 million.


This will be used to support the company's data center investments in 2009, including the lease for its new ...
📅 - Switch and Data launches Info Site - Creating a clearing house for data center information, data center and Internet exchange services provider Switch and Data (switchanddata.com) has built a section of its site that contains links to reliable data center industry information sources, as well as whitepapers. According to its Tuesday announcement, Switch and Data's "Information and Connections" page provides links to respected industry news and research sites such as Data Center Knowledge (datacenterknowledge.com) and the Web Host Industry Review (thewhir.com), as well as green data center organizations such as The Green Grid (thegreengrid.org), and sections on "IP traffic metrics," "peering ...
📅 - Switch and Data Hosts IM Service - Colocation services provider Switch and Data (switchanddata.com) announced on Monday that eBuddy (ebuddy.com), a supplier of web and mobile instant messaging, has consolidated its server infrastructure into Switch and Data's facility in Sunnyvale, California. Previously, eBuddy was housed in an undisclosed "network provider's legacy data center" which supplied power up to 125 watts per square foot. However, eBuddy says it needed more power to continue to scale its infrastructure, which is what led it to select Switch and Data's new facility in Sunnyvale.According to the announcement, Switch and Data's Silicon Valley facility offers power and cooling ...