Private cloud computing supplier Penta today announced that Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, has chosen Penta as one of the companies that will host their investment management products in the cloud.

Penta specializes in delivering cloud computing solutions to businesses requiring high reliability, business continuity, data security, regulatory compliance, and confidentiality. Penta’s private cloud services are compliant with Swiss regulations as well as Dubai DIFC, and are ISAE 3402 audited – most recently by Ernst & Young.  With Penta’s local cloud infrastructures, Advent’s clients in Europe and the Middle East, who operate in the highly regulated investment management sector, will now have access to Penta’s local cloud hosting services, providing them with the regulatory IT compliance and the confidence that their systems are secure.

“Penta’s relationship with Advent brings together two key ingredients for the investment management industry: Penta’s secure, reliable, and compliant cloud hosting infrastructure, and Advent’s industry-leading financial management solutions,” says CEO Farhad Khalilnia. “Together, we can deliver the complete package to give our shared clients a sustained competitive advantage from their IT solutions.”

Penta is headquartered in Geneva, Switzerland, has offices in the Dubai International Financial Centre (DIFC), operating in four Tier-3+ redundant data centers with dedicated fiber-optic connections to London, Athens, and Moscow, as well as a standalone infrastructure in Tokyo.

Advent’s award winning solutions are relied upon by investment managers around the world for client and portfolio management, trading and compliance, performance reporting and accounting, research management, and more.

“By working with Penta, our clients can leverage Advent’s world-class investment management solutions in the cloud,” said Håkan Valberg, President, Advent Software EMEA. “We chose to collaborate with Penta in Europe and the Middle East because of its long track record in the cloud, dedication to security and regulatory compliance, and its unique audited offer for investment managers.”

Contact: Peter Philp, Communications manager, +41 78 769 0035, peter@penta.ch

About Penta

Penta is a private cloud-based information system management company founded in 1996 and headquartered in Geneva, with offices in Dubai’s DIFC. Its clients are predominantly in the financial sector and other sensitive industries that require high reliability, data security, regulatory compliance and ensured business continuity. Penta’s approach is to partner with clients to supply a complete IT package in order to add value to operations and ensuring a better return on IT investments. Additional information is available at www.penta.ch.

About Advent Software

Over the last 30 years of industry change, our core mission to help our clients focus on their unique strategies and deliver exceptional investor service has never wavered. With unparalleled precision and ahead-of‐the-curve solutions, we’ve helped over 4,400 firms in nearly 60 countries — from established global institutions to small start-up practices — to grow their business and thrive. Advent technology helps firms minimize risk, work together seamlessly, and discover new opportunities in a constantly evolving world. Together with our clients, we are shaping the future of investment management. For more information on Advent products visit www.advent.com.

Advent and Advent Software are registered trademarks of Advent Software, Inc.  All other company names or marks mentioned herein are those of their respective owners.

Steadfast, a leading provider of managed cloud hosting, dedicated servers, colocation, hybrid hosting, and disaster recovery, announced they will be adding a new office space at 800 S Wells St. in Chicago. An Open House will be held on April 24th at 5:30 pm to celebrate the new space. Throughout the evening, tours of the data center at 725 S Wells will take place every 20 minutes. The company currently has two data center locations in Chicago, at 350 E Cermak and 725 S Wells.

Steadfast is excited to partner with Veeam Software, an Elite VMware Technology Alliance partner and a Microsoft managed partner, to co-host the Open House. Steadfast is expanding their offerings with Veeam.

“Becoming a Veeam Cloud Provider partner has allowed Steadfast to design, build and offer next-level backup and replication solutions for our private cloud, dedicated and colocation customers running Hyper-V and ESXi,” said Karl Zimmerman, president of Steadfast.

“Partnering with Veeam has given Steadfast the tools to design and implement a whole new breed of backup, replication and disaster recovery solutions for our clients. There simply does not exist a better software solution for managing Hyper-V and VMware backups,” Zimmerman said.

“Steadfast becoming a Veeam partner benefits clients across the board,” said Mike Waguespack, senior director of Veeam Software’s Global Cloud Group. “By combining Veeam’s robust data protection software with its own reliable, customizable infrastructure, Steadfast delivers powerful backup and disaster recovery solutions, tailored to each individual business’s needs.”

About Steadfast
Founded in 1998, Steadfast is a Chicago-based IT infrastructure provider with fully redundant data centers in Chicago and northern New Jersey. Steadfast’s services include managed cloud hosting, dedicated servers, colocation, hybrid hosting and disaster recovery services. These services are all highly customizable and designed to give customers maximum flexibility. By combining services, enterprises can create unique infrastructures tailored to specific requirements. Steadfast’s customers include organizations of all sizes, from small and medium businesses with single cloud hosting accounts to larger companies with multi-gigabit setups. Steadfast prides itself on its “Always there” philosophy, with comprehensive managed services and support.

For more information about Steadfast, visit http://www.steadfast.net.

Contact
To learn more about the Open House, please contact
Jamie Madison
Marketing Manager, Steadfast
jamie.madison(at)steadfast(dot)net
312-602-2689 x240

RSVP for the Open House Here: https://steadfast-veeam-openhouse.eventbrite.com

Telecommunications company Vodafone Group launched a new ‘Made in Germany’ cloud and hosting service this week, targeting customers in the Frankfurt metropolitan area who want to keep their data stored close to home, according to a report by Telecompaper.

While Vodafone is known primarily for its wireless business, the company is looking at ways to expand “more and more outside mobile” by going into web hosting, security, and entertainment, Vodafone CEO Vittorio Colao said in a presentation at CeBIT in Hanover, Germany, this week.

Localized hosting and cloud services has always been important in Europe, and Germany in particular, but it has grown as concerns around international government snooping have escalated. Germany in particular is one of Europe’s largest proponents for storing data locally, and German Chancellor Angela Merkel has even gone so far as proposing a separate European communications network that would keep data within the EU, disabling it from passing through US-based servers.

Vodafone has to make up some ground in Germany after seeing its revenue start to slip, which is problematic considering the German market accounts for nearly one-fifth of sales, according to Bloomberg. To that end, Vodafone is betting its $10.4 billion purchase of Kabel Deutschland will help boost revenue in Germany.

Currently, Deutsche Telekom is the top mobile operator in Germany, with Vodafone in second place. Last week Deutsche Telekom announced a partnership with CipherCloud to provide encrypted cloud services to enterprises in Germany.

Garantia Data, a provider of Redis and Memcached cloud services, announced on Wednesday the launch of its Redis Cloud service built on SoftLayer’s cloud platform.

Developers using SoftLayer can now build and create applications with infinite scalability using Redis cloud. Garantia Data said that Redis is the fastest data store available today, so developers can expect top performance and high availability from their applications. Currently there are 15,000 developers using Redis on the cloud.

“‘Do it yourself’ open source Redis setups that are installed on virtual servers or bare metal resources work great when they’re small or if you have expert resources who can attend to and manage your Redis datasets, but developers who take this approach often encounter daunting challenges with negotiating scaling barriers, ensuring the availability of Redis processes, effectively persisting the volatile data that’s stored in RAM, and really understanding how to deploy Redis and Softlayer’s resources to achieve optimal results for each specific use case,” Itamar Haber, Vice President of Developer Advocacy at Garantia Data said in a blog post on IBM’s cloud blog. “To mitigate these issues, Redis Cloud ensures high-availability with in-memory replication and instant failover, provides data-durability using SoftLayer’s SAN for data-persistence, and optimizes performance by utilizing bare-metal instances.”

Redis Cloud runs off dedicated bare-metal SoftLayer resources, and performs automated clustering, scaling, performance optimization, and failure recovery from a single console.

“Developers demand high performance computing power and speed from the cloud. With the addition of Redis Cloud, the leading managed Redis solution on SoftLayer’s cloud platform, developers will benefit from unmatched infrastructure and Garantia Data’s enterprise-class Redis so they can build scalable, highly available, and top performing apps,” Mac Devine, CTO of IBM Cloud Services Division and director of cloud innovation said.

Last year, Rackspace acquired Exceptional Cloud Services, a provider of Redis as a Service.