Innovest's Ray Umerley Speaks At Savvis Cloud Computing Seminar

November 4, 2009

NEW YORK, Nov. 4 /PRNewswire/ -- Ray Umerley, Vice President of Technology Architecture at Innovest Systems, was among the featured speakers at a recent Savvis seminar on cloud computing. Held last month in Weehawken, New Jersey, the seminar, "Harnessing Cloud Infrastructure to Meet Enterprise Challenges," was attended by professionals from over 30 companies.

Cloud computing, one of the fastest-growing trends in Information Technology infrastructure, involves the provisioning of dynamically scalable and virtualized resources as a service over the Internet. By moving the technology infrastructure into "the cloud," organizations can reduce their overall IT capital expense and decrease their IT footprint while improving availability and scalability of their IT resources. At the seminar, subject matter experts from Savvis, VMware, and Microsoft explored various aspects of cloud computing, including how it is transforming enterprise IT, its potential risks and rewards, when it should and should not be used, and cloud service delivery models and their attributes.

As a case study, Ray Umerley presented "How Innovest Systems Leverages Cloud Computing Today," discussing Innovest's alliance with Savvis and its adoption of cutting edge technologies including Utility Compute, Infrastructure as a Service (IaaS), and Savvis Dedicated Cloud Compute. Ray discussed the drivers behind Innovest's decision to utilize these technologies and the benefits of each, as well as the considerations that current and future customers should keep in mind when designing their IT strategy.

About Innovest Systems

Innovest Systems, LLC is a financial technology firm that provides technology-driven solutions to trust and wealth management companies. With assets worth tens of trillions of dollars transferring between generations over the coming decades, Innovest's flagship product, InnoTrust, is designed to deliver a secure, integrated, real-time system offered in an Application Service Provider (ASP) environment. Innovest's technology is designed to meet the needs of smaller independent trust and wealth management companies, as well as the world's largest global financial services firms. Innovest is headquartered in the financial district of New York City. For more information about Innovest Systems, visit www.innovestsystems.com.

About Savvis

Savvis, Inc. (Nasdaq: SVVS) is a global leader in outsourced internet infrastructure services for enterprises. More than 4,000 customers, including 40 percent of the top 100 companies in the Fortune 500, use Savvis to reduce capital expense, improve service levels and harness the latest advances in cloud computing. For more information, visit www.savvis.net.

SOURCE Innovest Systems, LLC