Neuberger Berman Selects Switch and Data

Neuberger Berman, an independent global asset management firm, reportedly has selected a Switch and Data site in the northeastern United States to house its critical operations infrastructure.

Neuberger Berman selected Switch and Data’s (News - Alert) site after an extensive diligence process.

In a release, Neuberger Berman officials said the Switch and Data site location, robust security, infrastructure which includes N+1 power and cooling redundancy, as well as the ability to access its existing network providers through the site were key factors in the company’s decision.

Officials said that the site also provides ample space and power availability for the company to scale its operations to meet future requirements.

“Reliable infrastructure is mission-critical for a financial services company and this deployment is a crucial element of our operations,” said Paul Metzger, managing director, Neuberger Berman, in the release.

Metzger said that Switch and Data is part of the multi Data Center high availability infrastructure.

He said that by selecting Switch and Data, the company gains access to a modern, advanced site with the security, connectivity, and reliability needed to protect the systems today, as well as the space and power availability to scale for the future.

Established in 1939, Neuberger Berman is an investment advisory company serving individuals, families, and taxable and non-taxable institutions with a broad range of investment products, services and strategies.

Neuberger Berman engages in wealth management services including private asset management, mutual funds, institutional management and alternative investments.

“Companies in the financial services industry have rigorous technical and reliability requirements for their data center facilities, with connectivity to personnel, clients and capital markets at the forefront of their concerns,” said John Panzica, vice president of Switch and Data's Financial Services Practice.

Panzica said that the company is proud that an industry leader like Neuberger Berman has chosen the site and the staff to protect the more than $160 billion in assets that flow through its infrastructure.

Switch and Data is a provider of network-neutral data centers that house, power and interconnect the Internet.

Recently Switch and Data had announced that Intermedia, a hosted Microsoft (News - Alert) Exchange provider, has added a Switch and Data site on the East Coast as its fourth data center to support its growing Microsoft Exchange hosting business.

This new site adds geographic diversity and network resiliency to allow Intermedia to meet the unprecedented demand of small- and medium-sized businesses for a hosted email solution that offers enterprise-grade performance and reliability.