Cloud-based software provider
iLEVEL has announced the launch of a new European data center in the United Kingdom. The New York-based company, whose mission it is to “take private capital to the next level”, focuses on a providing solutions for the private capital sector. Its new data center will offer the iLEVEL Private Capital Data Platform to a European market which prioritizes locally stored data. The data center facilitates iLEVEL’s private cloud which is hosted by Rackspace, but underpinned by an infrastructure which is “solely dedicated to iLEVEL”.
The iLEVEL Private Capital Data Platform simplifies the collection of financial data by providing a “central repository” which allows fund managers and investors access to reports that track investment performance in realtime. The company’s new data center is a response to growth in European/EMEA customers interested in its services. The company has been forced to double the number of staff it employs at its London offices as a result of 300% growth in the region.
“iLEVEL has made a strong commitment to the EMEA market and continues to invest in infrastructure and staff to support that commitment,” explained iLEVEL’s Vice President of EMEA Sales, Melissa Ferraz. “This European Data Center shows how strongly iLEVEL prioritises client feedback and strives to address client concerns. This has been a year of rapid growth for iLEVEL in EMEA and we are excited about the continued momentum. Three of the top 7 European-based private equity firms track their portfolios on iLEVEL and we expect our client numbers to continue to grow”.
Do you know of any other industry players opening new data centers? Let us know the details. Add your comments below.
