August 22, 2005 -- (WEB HOST INDUSTRY REVIEW) -- Web hosting and managed services provider SAVVIS (savvis.com) said on Monday that it would provide hosting for BATS Trading, an electronic communications network for the financial services community that is set to launch next year.
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BATS Trading will be hosted out of SAVVIS's data center facility in Weehawken, New Jersey. BATS Trading chose SAVVIS for its network performance, global infrastructure, financial services expertise, security and proximity to major exchanges.
"SAVVIS provides BATS with well-documented 99.999 percent network performance," says Joe Ratterman, chief operating officer of BATS Trading. "SAVVIS can connect us with our subscribers in record time, and offers ultra low latency transmission and a highly secured IT infrastructure."