Scottrade Expands and Renews Network Services Contract With AT&T
Posted on: Thursday, 13 November 2008, 09:00 CST
ST. LOUIS, Nov. 13 /PRNewswire-FirstCall/ -- AT&T Inc. today announced that Scottrade, a leading branch-supported online investment firm, has expanded and renewed its contract with AT&T for advanced network and Managed Internet Service to ensure application and network continuity.
AT&T will deploy AT&T Ultravailable(R) Managed Network Service, a custom-managed solution designed to meet Scottrade's network requirements. The network service will connect Scottrade's new data center in the Phoenix area with its headquarters in St. Louis.
Earlier this month, Scottrade announced plans to build a 20,000-square-foot data center in the Phoenix area to support the company's growth plans in the coming years. AT&T currently provides this solution to connect Scottrade's data centers in the St. Louis area with its headquarters, an agreement that has been extended for an additional seven years.
"In a world of instant communication and access to information -- particularly in the investment industry -- it is important for us to utilize technologies that not only support our operations but also deliver information to our customers' fingertips," said Ian Patterson, chief information officer of Scottrade. "AT&T's solution enables this real-time connectivity, which is why we're renewing our existing agreement and expanding it to include Scottrade's newest data center in the Phoenix area."
As data flow increases in the online investment industry, relying on a secure, flexible network is critical. The AT&T solution carries multiple high speed data signals to transfer large amounts of information between locations. By design, the solution also provides network continuity and recovery and is scalable -- so that it can be modified to meet unpredictable network demands. The AT&T Ultravailable Network is a cost-effective solution for high speed data transfer and real-time data monitoring to meet Scottrade's increased growth and processing needs. The AT&T solution is designed, engineered and implemented to meet Scottrade's unique operational needs. It provides a private fiber-optic network and optical switching technology, which enhances the transmission of data.
About Scottrade
As a leading online investment firm, Scottrade offers a full line of investment products, online trading services and market research tools to help investors take control of their financial future. Scottrade provides customers the convenience of buying many stocks online at just $7 per trade and the support of the largest branch network among online investment firms, with over 375 nationwide branch offices. Named Highest in Investor Satisfaction by J.D. Power and Associates, Scottrade is dedicated to exceptional customer service and unprecedented value. Scottrade is also one of the FORTUNE magazine's "100 Best Companies to Work For" in America. For more information, visit http://www.scottrade.com/.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. In 2008, AT&T again ranked No. 1 on Fortune magazine's World's Most Admired Telecommunications Company list and No. 1 on America's Most Admired Telecommunications Company list. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.
Note: This AT&T news release and other announcements are available as part of an RSS feed at http://www.att.com/rss. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T Inc.
CONTACT: Chelsey Ilten, +1-314-982-7705, cell, +1-314-330-3104,cilten@attnews.us, or Natasha Collins, +1-214-665-1327, cell, +1-214-538-6256,ncollins@attnews.us, both of AT&T Inc.
Web site: http://www.att.com/
Source: PRNewswire-FirstCall
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