(WEB HOST INDUSTRY REVIEW) — Media and information giant Thomson Reuters (www.thomasreuters.com) announced on Wednesday it has partnered with Internet infrastructure services provider Savvis (www.savvis.net) to expand its hosting platform on a global scale with a series of fully resilient data centers, including New York, Chicago, London, Frankfurt, Tokyo, and Singapore.
The announcement follows the companies’ signing of a three-year extension of its master services agreement in May. Just one year prior to that, Thomson Reuters opened a $50 million data center in Eagan, Minnesota.
Savvis’ existing global network of data centers will give Thomson Reuters customers access to low latency market data, analytics and data management platform, as well as the ability to have their infrastructure, low latency data feeds and applications hosted and managed within these facilities.
The hosting network, entitled Thomson Reuters Enterprise solution suite, will be offered in each data center, providing high performance direct market connectivity to worldwide execution venues, real time market data, and post trade capabilities.
As a result, customers can place their trading applications into a single architecture, which will help bring market participants closer to “strategic points of liquidity,” says Thomas Reuters.
Customers will also be provided with a lower total cost of ownership, streamlined deployment and improved time to market with a single point of access to global trading venues.
“We are excited to work with Thomson Reuters to build out this benchmark strategic proximity hosting solution,” says Bill Fathers, senior vice president and managing director of the US at Savvis. “The new delivery model will allow customers to further reduce their cost of ownership, increase access to low latency capabilities and rapidly enter new markets.”
Thomson Reuters will be able to deliver its portfolio of low latency feed technology, aggregated data feeds, middleware and experience in data centre management together with Savvis’ existing hosting facilities, proximity hosting and market connectivity for both FIX trading and 200 exchange and venue connections.
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