Savvis supplies low-latency services to IEX Group

 
November 15, 2013  | By Sean Buckley

CenturyLink’s (NYSE: CTL) cloud and data center subsidiary Savvis has scored another point in the  financial services sector by securing a contract for data center services with  trading company IEX Group.

The trading provider will use Savvis’ data center complex in Weehawken, N.J.,  as the primary site of its new alternative trading system.

Leveraging the NJ2 site in site in Weehawken and a secondary presence in  Savvis’ CH4 data center in Chicago, IEX said it will provide trading  connectivity and market data to a ra

Savvis is already a well-established player in the financial arena, providing  a suite of network and latency management tools and access to over 200 exchange  and liquidity venue feeds.

“Savvis’ proven track record in hosting mission-critical infrastructure for a  number of liquidity venues makes it an ideal partner to enlist in our mission to  protect investor orders, from both a technology and market-design perspective,”  said Ronan Ryan, chief strategy officer at IEX, in a release.

During the third quarter, Savvis was once again a key revenue producer for  CenturyLink as operating  revenues rose 4.6 percent year-over-year to $342 million. The service  provider also made itself more valuable to the financial and other segments it  serves by adding about 80,000 sellable square feet of colocation space.

About Savvis  Savvis, a CenturyLink company,  provides industry-leading IT infrastructure solutions that keep enterprises  powered for business in today’s ever-changing global marketplace. Combining  deep, proven experience with personal commitment, Savvis delivers cloud,  colocation and managed-hosting services over advanced networks, enabling its  clients to focus on their core environments and meet new market  opportunities.

About CenturyLink  CenturyLink is the third largest  telecommunications company in the United States and is recognized as a leader in  the network services market by technology industry analyst firms. The company is  a global leader in cloud infrastructure and hosted IT solutions for enterprise  customers. CenturyLink provides data, voice and managed services in local,  national and select international markets through its high-quality advanced  fiber optic network and multiple data centers for businesses and consumers. The  company also offers advanced entertainment services under the CenturyLink®  Prism™ TV and DIRECTV brands. Headquartered in Monroe, La., CenturyLink is an  S&P 500 company and is included among the Fortune 500 list of America’s  largest corporations.