Thomson Reuters today announced a major expansion of its hosting platform with a global initiative to provide high performance liquidity discovery and execution support. In collaboration with Savvis, Inc. (Nasdaq:SVVS), Thomson Reuters will launch a series of fully resilient, scalable, performance tuned data centers 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, together with the ability to have their infrastructure, low latency data feeds and applications hosted and managed within these centres.
The Thomson Reuters Enterprise solution 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 their trading applications into a single architecture designed to bring market participants closer to strategic points of liquidity. In addition, customers will benefit from lower total cost of ownership, streamlined deployment and improved time to market with a single point of access to global trading venues.
Jon Robson, President, Enterprise, Thomson Reuters, said: “Thomson Reuters Hosting Solution will provide clients with a tiered, flexible approach that they can tailor to their trading strategies. This launch is part of a significant investment to support customers as they respond to the rapidly evolving market environment. Neutrality, global coverage, and simplicity are key components of this offering. This is a natural step that will enable our clients to gain ubiquitous connectivity and access to industry leading, high performance, managed solutions for evolving sell-side and buy-side business needs.”
“We are excited to work with Thomson Reuters to build out this benchmark strategic proximity hosting solution,” said Bill Fathers, Savvis, Senior Vice President, and Managing Director, U.S. “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.”
The combined offering will provide Thomson Reuters global 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. The initiative will enable clients to access world class proximity hosting facilities and robust, scalable infrastructure providing the flexibility to respond to a dynamically evolving market place.
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