Gravitas Private Cloud Delivers Flexible Computing Resources On Demand To Alternative Asset Managers

Hedge funds, private equity firms taking advantage of extra security, reduced time to market, lower upfront expenditure and flexible computing resources in moving to the cloud

News provided by

Gravitas

Jun 27, 2012, 10:56 ET

NEW YORK, June 27, 2012 /PRNewswire/ -- Gravitas, a co-sourcing platform providing technology, risk and research services to the financial services industry, today announced the launch of Gravitas Private Cloud, an expandable, secure cloud solution based on leading converged infrastructure systems from VCE. The Gravitas Private Cloud is an industry vertical cloud, designed for the unique computing and hosting needs of alternative asset managers, from startup to established funds.

Gravitas Private Cloud combines the advantages of cloud computing – flexibility, scalability and lowered upfront costs – with the turnkey infrastructure and security that regulated financial firms require supported by the managed services required to run this effectively. The Gravitas Private Cloud enables deployment of a fully-functional IT system in days, as compared to weeks for traditional cloud solutions. It significantly expands Gravitas cloud services, which were launched in 2009.

Gravitas Private Cloud offers a secure turnkey solution for startup funds, and for established funds a secure multi-tenant cloud environment for hosting, development or disaster recovery. State-of-the-art VCE™ Vblock™ Systems enable secure isolation of client data while providing a flexible and powerful pool of integrated networking, computing, storage,virtualization and management technologies from industry leaders Cisco, EMC and VMware.

The Gravitas Private Cloud is situated in the Equinix NY4 data center in New Jersey, located just outside the New York metropolitan area. The company will soon roll out a similar service at the firm's Chicago Equinix CH4 datacenter.

"For our clients, the cloud enables freedom," said Gravitas CEO Jayesh Punater. "With the Gravitas Private Cloud, alternative asset managers have the opportunity to utilize infrastructure-as-a-service and have more flexibility to scale up or down as needed without security concerns. They can be assured that their technology will be as nimble and reliable as their investment decisions."

A number of existing clients have migrated onto the new Gravitas Private Cloud which is now available to new firms. "Vblock systems enable Gravitas to provide an optimized IT infrastructure that ensures secure and scalable performance, which are key requirements for their clients," said VCE President Frank Hauck. "Fully virtualized Vblock systems are an ideal foundation for asset managers to build cloud infrastructures that support mission critical applications securely and confidently, while providing the agility, efficiency and performance so important for today's enterprise IT operations."

About Gravitas

Gravitas is a leading provider of co-sourcing solutions for technology, investment operations, risk and research support to the alternative investment and financial services industry. Founded in 1996, the company provides hedge funds, private equity funds and other alternative asset managers with unique and flexible co-sourced offerings for systems integration, technical support, software development, investment operations, risk analytics, investment research support and more. From co-sourcing and advisory through implementation, Gravitas designs creative solutions that give clients the operational freedom to invest, innovate, and scale. The company is based in New York with offices in Chicago, Greenwich, Mumbai and Ahmedabad, India.www.gravitas.co

VCE and Vblock are registered trademarks or trademarks of VCE Company LLC or its affiliates in the United States and/or other countries.

Media Contact:
Janet Therrien	Jon Schubin
Gravitas	Walek & Associates
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