About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

SunGard Acquires Hosting 365

Subscribe to our newsletter

SunGard has acquired 365 Hosting Limited, a Dublin, Ireland-based cloud computing and data centre services company which trades as ‘Hosting 365’. The acquisition, the terms of which were not disclosed, is not expected to have a material impact on SunGard’s results.

Privately-owned Hosting 365 has built a strong presence in Ireland delivering both data centre managed IT services and, more recently, on-demand computing services within its cloud computing environment.

The company has been providing hosted services since 2001 and operates from two secure data centres in the Dublin area to help ensure the resilience of its solutions. It has pioneered the use of Web-based tools to facilitate customer self-service across all aspects of the service procurement process. Customers can order and provision their changing computer requirements in near real-time as well as monitor their usage and manage their accounts on-line.

Ed Byrne, general manager, Hosting 365, commented, “We are pleased to become part of SunGard and to augment our product portfolio with SunGard’s capabilities. Much of our success so far can be put down to our commitment to serve our customers’ changing business and technology needs. The addition of SunGard’s world-class range of availability solutions will help ensure that we can continue to reinforce our leadership position in Ireland and can help our customers be even more resilient as their businesses change and grow.”

Keith Tilley, managing director UK and executive vice president Europe for SunGard Availability Services, said, “Hosting 365 has built a superb business since its formation. The deal has major benefits for both parties: SunGard gains access to a new geographic market and proven cloud computing expertise, while Hosting 365 extends its product range with our own managed IT services, business continuity and disaster recovery solutions.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlocking Transparency in Private Markets: Data-Driven Strategies in Asset Management

As asset managers continue to increase their allocations in private assets, the demand for greater transparency, risk oversight, and operational efficiency is growing rapidly. Managing private markets data presents its own set of unique challenges due to a lack of transparency, disparate sources and lack of standardization. Without reliable access, your firm may face inefficiencies,...

BLOG

Data’s Evolution Continues From Cost to Core Asset: DMS New York City 2025 Preview

Modern Chief Data Officers are not only the guardians of financial institutions’ data estates, they are also the caretakers of their single-biggest asset. With every part of an organisation’s business now dependent on data, the custody of its digital information is every bit as critical to operations as the management of trading teams or even...

EVENT

Eagle Alpha Alternative Data Conference, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

The Global LEI System – A Solution for Entity Data?

The Global LEI System – or GLEIS – has been in development since the middle of last year. Development has been patchy at times, but much has been done, leaving fewer outstanding issues, but also raising new questions. What’s emerging is a structure for the GLEIS going forward, complete with a mechanism for registering and...