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Financial Services Industry Selects Peak 10 for Managed Services and Hosting

10th March 2004

Peak 10, Inc., the Southeast’s leading data center solutions provider, today announced that it is gaining significant traction within the financial se...

Peak 10, Inc., the Southeast’s leading data center solutions provider, today announced that it is gaining significant traction within the financial services industry for managed services and infrastructure hosting. Companies like UVEST Financial Services, Gunn Allen Financial, Equifirst and LendingTree are among a growing list of financial services companies choosing Peak 10 as their technology partner.

Peak 10 enables financial services companies to leverage the power of cutting-edge technology through its comprehensive portfolio of managed services and infrastructure hosting. The company can build, scale, monitor, manage and secure an organization’s information technology environment and Internet presence, facilitating regulatory compliance and improving customer service and shareholder value.

“Managed hosting companies are playing a growing and integral role in the technical operations of companies within the financial services industry,” said Michael Vines senior vice president of operations at UVEST Financial Services. “We augment our internal resources with those at Peak 10 to manage the technical aspects of our business and the regulations that mandate our operations.” Peak 10 has become a leader in helping companies come to terms with the laws and regulations that affect the technical aspects of their specific business and industry. Within the Financial Services industry, companies have to understand, manage and comply with numerous federal, state and local laws that command the technology environment of their businesses. For example, the Gramm Leach Bliley Act (GLBA) mandates that all financial institutions protect non-public information belonging to their clients. If technology isn’t an organization’s core business but serves more as tool to keep the company competitive, complying with regulations like GLBA is a task made easier through a technology partner like Peak 10.

“Peak 10 has the infrastructure and more importantly the people to understand the unique needs of individual market segments as it relates to managed services and hosting,” said David Jones, president and chief executive officer of Peak 10. “Whether it’s financial services, manufacturing or healthcare, Peak 10 provides a level of focus, expertise and experience that is hard to duplicate if technology management isn’t your core business.”Peak 10 owns and operates four data centers that are strategically located throughout the Southeast and are all interconnected by Peak 10’s private network. This geographic diversity and redundancy enables Peak 10 to meet its high availability objective and ensure business continuity for its customers’ business critical applications.


About Peak 10, Inc.
Peak 10 is the Southeast’s leading data center services provider offering a full range of hosting, storage, security and business continuity solutions. Customers such as Allstate, Jefferson Pilot, Hawaiian Tropic, LendingTree, Siemens and The Outback Bowl rely on Peak 10 to keep business critical applications up and running around-the-clock. The company owns and operates four enterprise-class data centers that deliver a higher standard of infrastructure, security and performance to businesses nationwide. Peak 10 has data centers in Charlotte and Raleigh, N.C., as well as Jacksonville and Tampa, Fla.

For more information on Peak 10, please visit www.Peak10.com




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