FRT Partners with Markley Group to Establish a New Data Center Location

Financial Recovery Technologies LLC (FRT), the leader in class action settlement recovery, today announced it is building a new data center through the Markley Group’s flagship datacenter located in Boston, Massachusetts. The data center will house new Hewlett Packard Next-Generation Servers to power FRT’s industry leading software and security infrastructure.

Commonly referred to by its address, One Summer Street, the Markley co-location center boasts a 100% uptime record amid a carrier-neutral facility with access to more than 50 independent telephone carriers and eight utility feeds from two substations for uninterrupted, reliable power and service. During the recent damage caused by Hurricane Sandy this year, the datacenter never lost utility power and had no significant issues reported despite its location within the storm’s path.

After a year in which FRT established new milestones in client growth and won deals from some of the leading financial institutions in the world, FRT elected to increase its commitment to making substantial investments in its Information Technology infrastructure. The equipment hosted in the new data center will be protected by new state of the art firewalls and numerous other security measures to ensure the highest level of data security for clients. Additionally, the operation of all of this equipment will be monitored by an industry leading vendor in Security & Infrastructure Monitoring and management. The goal of moving to Markley is to improve performance, scalability, and reliability, as well as provide better, more efficient service to FRT’s customers.

“We chose to locate our data center with Markley because we believe it is the leading facility in New England, as well as their record for outstanding customer service and attention to detail,” said FRT Director of IT, David Pineau. “The Markley Group facility provides data security reliability that FRT clients are expecting. We service many of the largest and most sophisticated financial institutions in the world. We need an infrastructure appropriate for these clients.”

About Financial Recovery Technologies

Founded in 2008, Financial Recovery Technologies LLC is a technology-based services firm that helps investors collect funds made available in securities class action settlements. The firm offers expertise in eligibility analysis, claims filing, disbursement auditing and client reporting. Financial Recovery Technologies provides a proprietary turnkey solution that allows its clients to fulfill their fiduciary responsibilities with transparency and accuracy. Financial Recovery Technologies is a Cross Country Group company (www.crosscountrygroup.com) For more information, go to www.frtservices.com