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Hedge fund manager in £3.5m IT deal with Savvis

Tuesday, March 4, 2008 : Permalink

Silicon.com- Augustus Asset Managers is outsourcing its core infrastructure in a £3.5m four-year deal with Savvis.

The financial services company specialises in hedge funds and manages over $9bn in assets. Under the terms of the deal, Savvis will provide Augustus with resilient trading systems used by its 17 investment professionals.

The deal will also focus on business continuity measures to ensure these trading systems remain up and running.

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