ST. LOUIS, May 7, 2012 /PRNewswire/ -- Savvis, a CenturyLink
company (NYSE: CTL) and global leader in cloud infrastructure and
hosted IT solutions for enterprises, today announced that FXall
(NYSE: FX), 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.
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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 Savvis
Savvis, 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 CenturyLink
CenturyLink 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 FXall
FXall 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