Digital Realty Leases to Neuberger Berman

According to a Tuesday announcement from the world largest wholesale data center provider, DRT, Neuberger Berman completed a new Turn Key Datacenter lease agreement, giving it a leading edge environment to supporting its mission critical applications.Data Center will be a key element of Neuberger Berman IT infrastructure, supporting advanced applications that will enable us to continue to serve our customers while growing each segment of our business as an independent asset management firm, Neuberger Berman information technology senior vice president Paul Metzger said in a statement. space enables us to pursue an accelerated timeline for our data center project because it is ready to move into immediately with all of the security, redundant power and technical specifications to support and protect our IT systems. Each Turn Key Datacenter facility is also physically secure and built using the company proprietary POD Architecture. It also uses metered power to ensure that clients pay only for the power that they use.As a provider of a wide range of investment products, services and strategies, Neuberger Berman, like others in the in the financial services and brokerage industry, have high technical requirements that make facility selection a very important decision, according to DRT senior vice president Chris.Subscribe to WHIR Newsletters Get Our Exclusive Report on "The Hosting Infrastructure Ecosystem".data centers need to be located in facilities with a combination of features that are difficult to find, including advanced power and disaster recovery systems, ultra low latency fiber connectivity, dedicated infrastructure, superior physical security and more, Crosby said in a statement. is why leading financial services companies such as Neuberger Berman choose to partner with Digital Realty Trust for their data center projects.In addition to welcoming new customers to its facilities, DRT has made a number of announcements in April. DRT raised $260 million to temporarily repay the revolving credit line it uses to acquire additional properties, and fund development and redevelopment opportunities. Also, as recently as this week, DRT announced it had selected Lee Technologies to oversee facility operations at 10 of its data centers in Phoenix, Chicago, St. Louis, Dallas and Houston.

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