TORONTO, Sept. 13, 2011 /PRNewswire/ - Frontline Technologies (TSX:FLC) today announced it has successfully completed a multi-phased data centre migration, relocation and integration project of Belzberg Technologies (Belzberg).
Following the merger of Belzberg and Frontline on April 14 2011, the combined company initiated this re-location effort which included the complete de-installation, transport and re-installation of all Belzberg IT infrastructure components into the existing state-of-the-art IT hosting facilities available at Frontline.
This project included the migration of trading and execution servers, network links and physical premises of Belzberg to the existing IT hosting facilities of Frontline.
"The migration of Belzberg's IT footprint into the existing Frontline infrastructure provides benefits on many fronts", said Hoss Astaraki, Chairman and CEO of Frontline Technologies Inc. "Our trading technology clients immediately benefit from the increased reliability and support gained by having their trading services in Frontline's data centre. With over 100 IT professionals overseeing daily operations and using a proven data centre backbone, we anticipate a notable uptick in the positive experience of our trading clients. We also look forward to leveraging the scalability this will provide in offering new products and services in the near future to our trading clients and the broader financial services industry in general."
About Frontline Technologies Inc.
Frontline Technologies is an established, innovative technology service company serving the professional, financial and investment banking communities across Canada. Frontline Technologies provides IT infrastructure support, managed services, technical support, hosted environment including email and file servers, remote backup, VoIP services, ISP, disaster recovery and much more. In addition to infrastructure support, Frontline also offers the "Trade to Clear" application - a comprehensive platform for managing different aspects of trading such as OMS, Position Management, Post-trade Matching, Electronic Ticketing, etc. Customers are able to access an array of services through one reliable provider - Frontline Technologies Inc.
Forward looking statements:
Except for historical information contained herein, the matters discussed in this press release are based on forward-looking statements that involve risk and uncertainty. A variety of important factors could cause results to differ materially from such statements, including but not limited to economic, competitive, governmental and technological factors affecting the company's operation, markets, products, prices and other factors.
SOURCE Frontline Technologies Inc.