Read Larry Connors' blog – Short Term Trading Strategies
Farmer Mac needed a robust disaster recovery solution that provided assurance of continuing compliance with SAS-70 audit report requirements, as well as Sarbanes-Oxley. At the same time, Farmer Mac was confronting end-of-life issues with its current hardware platform. NaviSite's overall value proposition attracted Farmer Mac, which needed a solution that could scale to meet changing requirements.
"We had stringent requirements for our disaster recovery solution," said Tom D. Stenson, Executive Vice President - Chief Operating Officer. "We needed a solution that would both scale and assure continued regulatory compliance with SAS-70, as well as Sarbanes-Oxley. With a management portal that makes it easy to monitor and manage our environment, the NaviSite solution addresses our needs, and enables us to focus our attention on core business initiatives."
Leveraging hardware and software to replicate data and processing capacity, NaviSite's Disaster Recovery solution provides immediate failover to an alternate technology environment. Customers can choose a disaster recovery solution that fully replicates their primary data center environment for complete failover capacity or a partial environment solution that supports recovery for selected business functions.
"Our disaster recovery solutions address the complete disaster recovery lifecycle -- from initial planning and implementation to ongoing management, and, if necessary, solution support for disaster scenarios," said R. Brooks Borcherding, Chief Revenue Officer, NaviSite. "We feel privileged that Farmer Mac has entrusted us with its mission-critical, disaster recovery function."
NaviSite offers a comprehensive suite of cloud-enabled managed hosting solutions -- including database management; server management; virtualization; disaster recovery; remote monitoring; and network and security services -- designed to meet customers' IT management needs and maximize uptime and efficiency. NaviSite's services provide multiple benefits, including cost savings, 99.99% SLA guarantees, quicker deployment, service flexibility, regulatory compliance, better alignment of IT functions with business goals, and exceptional customer care. For more information, please visit http://www.navisite.com.
About Farmer Mac
Farmer Mac is a stockholder-owned instrumentality of the United States chartered by Congress to establish a secondary market for qualified agricultural mortgage loans, rural housing mortgage loans, rural utilities (to cooperative borrowers made by cooperative lenders) and the guaranteed portions of agricultural and rural development loans guaranteed by the U.S. Department of Agriculture. Farmer Mac's Class C non-voting and Class A voting common stocks are listed on the New York Stock Exchange under the symbols AGM and AGM.A, respectively. Additional information about Farmer Mac is available on Farmer Mac's website at www.farmermac.com.
About NaviSite
NaviSite is a leading provider of cloud-enabled enterprise-hosting and application-management services. It provides customized and scalable solutions, leveraging its industry-leading hosting infrastructure; full suite of managed services; and custom and packaged application life-cycle management expertise. More than 1,500 customers depend on NaviSite for customized solutions, delivered through a global footprint, comprising 15 state-of-the-art data centers supported by approximately 650 professionals. For more information, please visit www.navisite.com.
All logos, company and product names may be trademarks or registered trademarks of their respective owners.
SOURCE: NaviSite, Inc.
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
