The Hosted application provider ServerVault Corp. (www.servervault.com) announced on January 20 that the currency exchange market OANDA (www.oanda.com) has increased its ServerVault managed services, in an effort to help distribute OANDA's online currency trading and information products and services to domestic and foreign clients.
OANDA has used ServerVault's suite of services for over four years to deploy its FX consumer and business currency platforms and tools. Coupled with ServerVault's secure application and hardware solutions, OANDA processes millions of global transactions each day with a 99.999 percent uptime for its customers.
Chris Florian, director of technology at OANDA, said that ServerVault's state-of-the-art services have helped OANDA become a leading Internet provider of currency-related products and technologies, that their services provide OANDA the business assurance, flexibility, technical prowess and security of information that meet OANDA’s exact requirements.