Transoft International Secures Latest SaaS Solutions through Peak 10

20 November 2008

Peak 10, Inc., the leading independent data center operator and managed services provider, announced today its collaboration with leading currency supply chain management solution provider Transoft International, Inc. Peak 10 will provide Transoft with a secure hosting solution utilizing a virtualized platform within its state-of-the-art facility in Raleigh, N.C.

With more than 16 years of experience in the financial industry, Transoft provides banking institutions with quality software solutions for cash management. The Optisuite solutions offers banks the ability to anticipate cash demand at all locations and manage the distribution of funds to meet those demands, whether on-site or remotely. The nature of Transoft’s products requires a high level of security and infrastructure integrity.

In an effort to integrate Software-as-a-Service (SaaS) solutions to bring their proven services to independent financial institutions while maintaining maximum security, Transoft turned to Peak 10 to host its SaaS offerings on a virtualized platform within its secure data center facility.

“We recognize that SaaS is growing rapidly across all industries, and we are investing in our infrastructure to bring these proven options to our valued clients,” said Bo H. Holmgreen, president at Transoft. “Peak 10’s infrastructure and services combined with their expertise in compliance allowed us to receive the perfect solution to meet our needs and further increase the reliability of our SaaS solutions.”

“Transoft required an extremely secure hosting provider to support its customers’ highly sensitive data as well as a team knowledgeable of compliance and auditing regulations,” said Greg Rollet, regional vice president of market operations for Peak 10 and general manager of Peak 10 Raleigh. “Because our team is so versatile and we have flexibility to tailor our services to meet customers’ needs, we were able to customize a virtual solution for Transoft that enhances the availability of their application, providing financial institutions with a state-of-the-art cash management solution.”

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