NEW YORK — October 26, 2009 — Savvis, Inc. (NASDAQ:SVVS), a leading global provider of outsourced internet infrastructure services and low latency connectivity to major financial exchanges, today announced that BATS Global Markets is expanding its hosting space in Savvis’ Weehawken data center to support current business growth and the launch of both the BATS U.S. Equity Options Exchange (announced separately July 8, 2009) and second U.S. Equities Exchange (BYX) (announced on September 17, 2009) in early 2010.
BATS will also expand its footprint within the Savvis Docklands data center in London in preparation for continued growth of the BATS Europe multilateral trading facility.
Savvis recently announced a significant expansion to its flagship data center NJ2 in Weehawken, N.J. The expanded facility, named Savvis NJ2X, is a powerful financial data center complex that extends Savvis’ footprint in the highest demand market for its services, the New York-New Jersey financial hub.
“Savvis has been a trusted service provider for BATS since our founding in 2005,” said BATS COO Chris Isaacson. “As a recognized leader in financial IT infrastructure, Savvis provides BATS Exchange and BATS Europe MTF with high performance proximity hosting of our world-class trading platform and will now serve as the hosting infrastructure foundation for our new U.S. equity options exchange and second U.S. equities exchange.”
“This expansion will allow the more than 400 members of BATS Exchange to leverage existing connectivity to also access the BATS options exchange and second equities exchange. We believe this is the optimal use of existing technical infrastructure rather than forcing our members to move data centers or connectivity links,” he said.
BATS Exchange is the third largest equity exchange operator in the U.S. and BATS Europe, less than a year old, currently holds more than 4% market share in each of the major indices, including about 10% of the FTSE 100.
“We are pleased to expand our relationship with BATS as they continue to grow globally,” said Varghese Thomas, VP of Financial Markets. “Savvis is focused on IT infrastructure solutions that provide a wide range of low latency connectivity options to the worlds leading financial exchanges and liquidity venues and ultimately enhance the investment strategies of these customers.”
Savvis currently operates 28 data centers globally encompassing more than 1.4 million square feet of raised floor space designed to support enterprise IT operations. In addition, Savvis was recently positioned as a leader in the Gartner Magic Quadrant for Web Hosting and Cloud Infrastructure (on Demand), 2009, and can be accessed at www.savvis.net/magicquadrantleader
Savvis, Inc. (NASDAQ:SVVS) is a global leader in outsourced internet infrastructure services for the enterprise. More than 4,000 customers, including 40% 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. For more information visit www.savvis.net.
BATS Global Markets (BATS) is an innovative global financial markets technology company headquartered in the Kansas City, Mo., area with additional offices in New York and London. The BATS platform was launched in January 2006 and, operating as BATS Exchange, Inc., is one of the fastest growing, top tier equity markets in the United States. BATS serves the European market through its London based, FSA-authorized subsidiary, BATS Europe, which operates a Multilateral Trading Facility for European securities, and expects to launch BATS Options in the US in early 2010. The BATS platform is internally developed by a dedicated core team of market and technology professionals, catering to the needs of the broker-dealer and trading community. BATS … Making Markets Better.
MEDIA/ANALYSTS or TO TRADE IN US:
TO TRADE IN EUROPE:
This document may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from Savvis’ expectations. Certain factors that could affect actual results are set forth as risk factors in Savvis’ SEC reports and filings, including its annual report on Form 10-K and all subsequent filings as well as the risk that potential product cost and performance benefits may not be realized for any particular customer. Savvis assumes no obligation to update or supplement forward-looking statements.