SAVVIS Provides IP VPN Market Access for UNX

October 24, 2002 -- Managed IP and managed hosting provider SAVVIS Communications (SAVVIS.net) announced on Tuesday that it has been chosen by universal brokerage firm UNX Inc. to deliver a managed IP VPN to connect its clients to major liquidity pools and real-time market data.

UNX will use SAVVIS’s Intelligent IP Networking service to deliver electronic trading solutions, enabling traders to specify and control how their orders are presented to and executed in the marketplace.

SAVVIS says UNX relies on SAVVIS’s networking technology to provide universal connectivity to liquidity, streaming market data, multiple-level quotes and level II OTC pricing, market news and alerts through private VPNs, the Internet and direct circuits. SAVVIS also provides a private network connecting UNX’s multiple offices, Internet access for UNX employees and a network for its disaster recovery site.

"UNX empowers institutional investors to define and execute their trading strategies across the top liquidity pools in the U.S. marketplace," said Randy Abernethy, CEO of UNX. "With direct access to all major exchanges, ATSs, ECNs, and market makers, UNX enables clients to reduce the overall cost and market impact of trading. Using the SAVVIS network is fundamental to our strategy of offering universal access for our clients and enhancing productivity within our company."