Thomson Reuters develops hosting platform with Savvis

Thomson Reuters has expanded its hosting platform in order to provide high performance liquidity discovery and execution support. Together with Savvis, Thomson Reuters is to launch a series of resilient, scalable, performance tuned data centres including New York, Chicago, London, Frankfurt, Tokyo and Singapore.

The global network will offer customers access to low latency market data, analytics and data management platform and the ability to have their infrastructure, low latency data feeds and applications hosted and managed within these centres.

The suite will be accessible in each data centre with high performance direct market connectivity to worldwide execution venues, real time market data and post trade capabilities.

This will enable customers to plug trading applications into a single architecture to help bring market participants closer to strategic points of liquidity.

Customers are expected to benefit from lower total cost of ownership, streamlined deployment and improved time to market with a single point of access to global trading venues.

The offering will provide Thomson Reuters global portfolio of low latency feed technology, aggregated data feeds and middleware with Savvis's existing hosting facilities, proximity hosting and market connectivity for FIX trading and 200 exchange and venue connections.

Savvis provides outsourced internet infrastructure services for enterprises.

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