NEW YORK CITY -- (Securities Industries Association (SIA) Technology Management Conference) – June 20, 2006 – SAVVIS, Inc. (NASDAQ:SVVSD), a global leader in IT infrastructure services for business applications, today announced that NYSE Group, Inc. (NYSE: NYX) has authorized SAVVIS to provide network connectivity to NYSE InfoToolsSM, an innovative new market data product. NYSE is currently offering a free 60-day trial for the new browser-based suite of tools designed to provide retail and institutional investors with in-depth analysis of NYSE-listed stock trading activity.
This new service expands the agreement signed between NYSE and SAVVIS three years ago which approved SAVVIS for providing high-performance, fault-tolerant network access to the Secure Financial Transaction Infrastructure® (SFTI®). Through a SAVVIS connection to SFTI, market participants can select from a range of NYSE services that include: NYSE OpenBook, NYSE ArcaBook, NYSE Alerts, NYSE ABS, NYSE Direct+, BBSS, and e-Broker.
NYSE InfoTools provides investors with unparalleled levels of transparency and detail for NYSE listed trading and order flow. By offering users the capability to actively monitor the composition of executed order flow through real-time datafeeds and detailed historical reports, InfoTools greatly improves investors’ ability to examine and assess NYSE market activity and compare it with historic norms.
“As financial markets continue to diversify and automate, demand for enhanced information products and lower latency continues to escalate,” said Mark Schaedel, Managing Director, Market Data Products, for NYSE Group, Inc. “NYSE InfoTools is designed to answer these demands. SAVVIS has a long history of delivering NYSE data services through its financial extranet which has thousands of network connections around the world. We are pleased to expand our agreement with SAVVIS to include NYSE InfoTools and broaden our reach to those customers.”
During the initial phase of InfoTools, two datafeeds, two end-of-day data files and complete 2006 monthly historical data files will be available to participants free of charge. ReTracSM, the first of these datafeeds, provides real-time monitoring of retail executions, while the second datafeed, ProTracSM, provides real-time monitoring of program trade executions on the Exchange. Each feed is augmented by a separate end-of-day file that provides a comprehensive summary of the day’s activity and an increased level of detail further enhancing investors’ ability to asses NYSE market trends.
“As a leading provider of securities listing, trading and market data products and services, NYSE requires the fastest and most reliable network solutions for its trading systems and customers,” said Michael Cooleen, Vice President & General Manager, Financial Markets Division, for SAVVIS. “We look forward to working with NYSE as a trusted partner as they continue to develop and deliver new tools and services to their clients.”
With more than ten years of experience, SAVVIS powers the industry’s most demanding financial services applications with a combination of “Five 9’s” reliability, real-time performance, and end-to-end security. SAVVIS’ infrastructure extends to 45 countries and includes 25 data centers in the United States, Europe, and Asia with more than 21,000 fully-managed network endpoints. The company has over 5,000 enterprise customers, including many of the world’s largest and most influential banks, brokers, investment managers, insurance companies, and financial application providers.