Best of SaaS Showplace Award Winner

Savvis, Inc. is an outsourcing provider of managed computing and network infrastructure for IT applications with 29 Data Centers around the world, including London, Singapore, and Tokyo, connected through a Tier 1 MPLS network. Savvis helped Wall Street Systems, a provider of treasury, trading and settlement software transition to a Software-as-a-Service (SaaS) platform. In 2006, Wall Street Systems made a strategic shift in direction to move from a standard licensing model to the new SaaS delivery model. The company had two choices—attempt to build and maintain its own IT infrastructure to support its new SaaS offerings or outsource the infrastructure to a managed hosting services provider. Wall Street Systems selected Savvis’ managed hosting, managed network, and managed security services because of its reliability, scalability, customer support and SAS 70 Type II certifications. As a result, Wall Street Systems has been able to reduce the total cost of ownership (TCO) of its solution deployment compared with traditional software implementations. The company can also now help its customers meet their compliance mandates, such as Sarbanes-Oxley, by offering full transparency and operational control through the Savvis Portal and Savvis uptime guarantees. Wall Street Systems now serves more than 300 clients worldwide, and its software powers millions of transactions representing trillions of dollars every day. It is for these reasons that Savvis has been designated a Best of SaaS Showplace Award winner.