Newport Builds New Data Center as Its Business Expands
ORLANDO, Fla. (Business Wire EON/PRWEB ) June 11, 2008 --
The Newport Group,
a national provider of retirement plans, executive benefits and investment
advisory services, announced that recent and anticipated company
growth has led it to build a new state-of-the-art data center—an
expansion of the secure computer area that houses the firm’s
core systems, networking and telecommunications equipment.
“Presently, Newport’s
servers process personal and financial data for 400,000 participants in
more than 2,100 retirement and benefit plans nationwide,”
said Chief Operating Officer Bryant
Kirk. “Due to the recent significant
increase in our business, as well as the ongoing growth we expect, we
have created a brand-new facility that’s over
twice as large. This gives us the capacity to expand Newport’s
data storage systems by hundreds and eventually thousands of servers.”
Inside the facility at Newport’s Charlotte,
NC service center, a high-tech security system provides video
surveillance and monitors the environment and power loads. Newport
employs numerous internal and external controls to assure the integrity
of client data is protected and its systems are secure, including
advanced firewall and backup systems and full disaster
recovery planning. Newport’s data center
features an uninterruptible power supply and backup power, and systems
to maintain and monitor electrical power, fire suppression, humidity and
temperature. One new feature, Newport’s
in-row cooling unit system, is the largest of its kind in North Carolina.
“Our continuing investment in the latest
technology helps keep us at the forefront of the retirement services
industry,” Kirk continued. “This
in turn allows us to streamline virtually every aspect of client and
participant service. Our clients consistently tell us that our technology
is second to none in the industry.”
A full service provider of retirement and benefit plans, Newport has
earned industry accolades for its plan sponsor and participant
technology. With corporate headquarters in Orlando, the firm maintains
service centers in Charlotte, NC, Greensboro, NC, La Crosse, WI,
Orlando, FL, Richmond, VA, St. Louis, MO, and St. Petersburg, FL.
About The Newport Group
Founded in 1984, The Newport Group is a leading retirement services and
asset management firm—specializing in the
creative design, funding, and administration of qualified and
non-qualified retirement plans as well as co-fiduciary investment
advisory services. Through its innovative and customized solutions,
Newport is uniquely positioned to satisfy the distinct financial needs
of employers and employees, and has done so for hundreds of the country’s
largest and best-known companies. For more information, visit www.newportgroup.com.
See the original story at: http://eon.businesswire.com/releases/newport/center/prweb1017524.htm
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