LONDON – June 8, 2005 – SAVVIS (NASDAQ: SVVS), a leading global IT utility, announced today that Easybroker, an independent, full service, agency brokerage operating in the global equity markets, will adopt their virtualised services delivery platform.
Easybroker is one of a growing number of businesses to recognise the value of SAVVIS’ virtualised platform. Launched in the UK in late 2004, after 10 years of research and development, the platform employs a utility model, which allows UK businesses to remove up to 50 percent of the hardware and associated IT infrastructure from their offices.
SAVVIS’ virtualised services delivery platform provides Easybroker with greater availability than any other system they considered, and allows them to speed the execution of critical financial transactions. The platform will result in a 30 percent reduction in their annual IT budget, and ensures that they are always running the most up-to-date technology for all of their IT needs. SAVVIS hosts all of their applications in its data centre in Reading, offering failsafe operations, network connectivity and security.
In the financial services industry, SAVVIS’ name is synonymous with high availability and powerful technology,” said Savvas A. Liasis, CEO of Easybroker. “Moving to this new technology was an easy decision, and it is already giving us advantages in the marketplace.”
Easybroker provides a full range of equity services to institutional investors worldwide. They focus on delivering fast, reliable, and competitively priced DMA order routing services in up to 40 international markets. The company also offers full program trading services (basket and algorithmic trading), as well as proficient clearing, settlement and custodial services, allowing maximum efficiencies in both front and back office.
“In the highly competitive world of online trading and brokering, Easybroker is committed to delivering their customers the fastest, most reliable trading services possible, while not sacrificing security or availability,” said Richard Warley, SAVVIS Managing Director of EMEA. “Their choice to adopt our virtualised platform for all their IT needs shows the tremendous advantages this technology can provide.”
Easybroker is an independent, full service, agency brokerage operating in the global equity markets. Easybroker offers a bespoke service for each client and provides dedicated account managers, who focus on offering supreme attention to detail and flexibility to customer requirements.
This service-led approach is further enhanced by serious investment in state-of-the-art STP technology including their own proprietary systems, connections to the world's leading private networks and dedicated FIX connectivity to the variety of Order Management Systems used by their clients.
Easybroker has further recognised the importance of full service brokerage products in helping clients to conduct their business. Easybroker has consequently developed a network of exclusive independent research partnerships, in all areas of the research spectrum, providing in-depth portfolio analysis & recommendations, resulting in trading opportunities.
From its London offices, Easybroker currently works with a range of institutional clients in 17 countries across Europe and are due to open US offices in 2005 and Asia in 2006.
SAVVIS, Inc (NASDAQ: SVVS) is a global IT utility services provider. With an IT services platform that extends to 47 countries, SAVVIS leads the industry in delivering secure, reliable, and scalable hosting, network, and application services. These solutions enable customers to focus on their core business while SAVVIS ensures the quality of their IT systems. SAVVIS’ strategic approach combines the use of virtualisation technology, a utility services model, and automated software management and provisioning systems.
For more information about SAVVIS, visit: .
This document contains 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 for the year ended December 31, 2003, as filed with the Securities and Exchange Commission on February 24, 2004, and all subsequent filings. SAVVIS assumes no obligation to update or supplement forward-looking statements.