SAN DIEGO, CA--(Marketwire -07/11/12)- AIS (American Internet Services), a leading provider of enterprise-class data center, cloud and connectivity services, today announced SaveDaily, Inc. (SAVY), the leading provider of low cost mutual fund investing platforms used by financial institutions, has decided to expand its presence at the AIS Lightwave Data Center to accommodate their rapid growth and desire for a tech refresh. SaveDaily chose AIS because of the quality of its enterprise-class Lightwave Data Center, its faster network and its ability to provide unsurpassed uptime.
"Since day one, we've been impressed with the Lightwave facility along with the quality of expertise and support we received from AIS," said Greg Vacca, president of SaveDaily. "As our business continues to grow, it is comforting to know we have an infrastructure and managed services provider who we can work with as a partner to ensure we have the unsurpassed uptime, fast network and comprehensive levels of services we need to support our expanding customer base."
SaveDaily, a pioneer in the field of paperless brokerage solutions, offers a ultra low cost, private label platform that enables banks, brokerages, and non-traditional financial service providers to profitably offer high-end financial services to anyone, regardless of income, account size, or activity levels. By pooling multiple small investments into large, aggregated transactions, SaveDaily minimizes transaction costs and eliminates the need for investment minimums. This strategy enables even modest savers and investors to purchase nationally known mutual funds that were previously inaccessible to them. SaveDaily's proprietary sub-accounting technology handles all tracking and reporting, including electronic confirmation notices, online account balances, quarterly statements, and more.
"SaveDaily is truly breaking ground in the financial services arena as a pioneer in paperless brokerage solutions, so it wasn't surprising to us that they got to the point where they needed to take their infrastructure to the next level," said Tim Caulfield, chief executive officer at AIS. "We have built our portfolio of services and support to make it easy for our clients to add what they need, when they need it."
AIS is providing SaveDaily a complete colocation solution in a private locking cage, use of the AIS private, long haul, point-to-point circuit from the SaveDaily's corporate IT facility to the AIS Lightwave Data Center, managed services expertise for overseeing their hardware and applications, and a complete disaster recovery setup that leverages the AIS Van Buren Data Center in Arizona.
About SaveDaily, Inc.
SaveDaily offers investments and record-keeping services to its intermediary partners, as well as directly to clients through a variety of white-labeled interfaces. SaveDaily owns its proprietary financial services platform, which has been in production for about three years, helping financial intermediaries, succeed in bringing suitable and affordable investment services to everyday savers and investors. SaveDaily, through its financial services partners, has the capability of making virtually all mutual funds available to its clients. SaveDaily conducts its business through its wholly owned subsidiary, SaveDaily.com, Inc., which is headquartered in Seal Beach, California and is a Registered Investment Advisor with the Securities and Exchange Commission. For more information, visit www.savedaily.com.
AIS (American Internet Services) is an enterprise-class data center, cloud and managed services company known for its robust network, security and solutions engineering capabilities that help companies get the most out of their information technology initiatives. AIS operates secure, SSAE SOC2 compliant facilities in Los Angeles, San Diego and Phoenix, providing geographical diversity and redundant connectivity to create effective business continuity solutions. Expanding its portfolio into cloud services, AIS provides enterprise-grade, highly scalable Infrastructure as a Service (IaaS) alongside traditional managed services (load balancing, security and archiving). By maintaining a focus on leading-edge technologies, AIS has become a recognized leader in delivering cloud strategies for the Bioinformatics and Life Sciences industries. In business for over 20 years, AIS is privately held -- backed by Seaport Capital, Viridian Investments, and DuPont Capital Management. For more information, visit www.americanis.net or call (866) 971-2656.