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

Modernisation of Investment Accounting Rises in Importance Amid New Pressures

Investment accounting is moving up the data management agenda as regulatory pressure and investor demands collide with the limits of legacy systems, and as new technology makes real-time, enterprise-wide accuracy achievable at scale. Getting that right, however, requires planning and the careful selection of expert partners, argues Lior Yogev, chief executive at FundGuard. “When it’s...

EVENT

AI in Capital Markets Summit London

Now in its 2nd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.

GUIDE

Fatca – Getting to Grips with the Challenge Ahead

The industry breathed a sigh of relief when the deadline for reporting under the US Foreign Account Tax Compliance Act (Fatca) was pushed back to July 1, 2014. But what’s starting to look like perhaps the most significant regulation of the next 12 months may start to impact our marketplace sooner than we think, especially...