TORONTO, May 29, 2014 /CNW/ - Q9 Networks is pleased to announce that it has been selected by Canada Guaranty Mortgage Insurance Company ("Canada Guaranty") to provide co-location and managed services for its proprietary mortgage insurance systems. Q9 is hosting Canada Guaranty's production and disaster recovery sites in geographically diverse data centres that provide fail-over in case of an outage.
Canada Guaranty is the only 100 per cent Canadian-owned private mortgage default insurer and one of the fastest growing among its competitors. Supporting lender partners across the country, its proprietary systems connect to major financial institutions and process mortgage applications 22 hours a day, seven days a week.
Under the terms of the contract, Q9 is providing Canada Guaranty with a hybrid infrastructure solution including secure physical space and a complete suite of managed services.
"Service delivery, in terms of speed, reliability and security, are key requirements for our business," says Geoff Scott, Vice President, Operations, Canada Guaranty. "In evaluating potential data centre providers, Q9 was best able to demonstrate its ability to meet and exceed our requirements. Q9's technical expertise and clear internal processes give us greater flexibility and allow us to avoid potential problems while focusing on enhanced value-added services. We also appreciate that through Q9, all of our data and backups reside in Canada."
Q9 designs, builds and operates its data centres to meet the most demanding IT infrastructure requirements, including the increased power and cooling demands of today's high density computing devices. Customer equipment and data centre environmental parameters are monitored 7x24 by Q9's Control Centre, staffed by experts versed in all aspects of IT and facilities management.
"We are delighted to be providing Canada Guaranty with the reliability they require to ensure high availability services for their customers," says Rick Morton, Senior Vice President, Product Engineering, Q9 Networks. "We made a conscious decision to invest in the best processes and people, from our in-house data centre design/build team to our provisioning, support and facilities engineering staff, so that we can ensure the highest level of service from the moment a Q9 customer entrusts us with their critical IT infrastructure."
About Q9 Networks:
Q9 Networks Inc. is Canada's leading provider of outsourced data centre infrastructure for organizations with mission-critical IT operations. Q9's data centres and network are backed by an industry leading SLA that guarantees 100 per cent network and power availability. Q9 services, including: co-location, bandwidth, dedicated servers, firewalls, load balancing, virtual private networking (VPN) and back-up/restore, enable the rapid provisioning and scalability of client infrastructure. Q9 Networks is owned by an investor group comprising Canada's largest communication company, BCE Inc., and some of the largest and most experienced North American pension and private equity funds, including: Ontario Teachers' Pension Plan, Providence Equity Partners and Madison Dearborn Partners LLC.
About Canada Guaranty Mortgage Insurance Company:
As the only 100% Canadian-owned private mortgage default insurer, Canada Guaranty Mortgage Insurance Company is backed by the leading financial strength of its ownership group, comprised of the Ontario Teachers' Pension Plan and National Mortgage Guaranty Holdings Inc. Working with industry partners to promote greater access to sustainable homeownership, Canada Guaranty offers mortgage and lending professionals with improved choice through a dedication to service excellence and a comprehensive suite of mortgage default insurance solutions. With headquarters in Toronto and a growing team providing national coverage, Canada Guaranty remains committed to meeting the diverse needs of homebuyers across the country. For more information, please visit: www.canadaguaranty.ca
SOURCE: Q9 Networks Inc.
For further information: Kevin Spikes, Director of Marketing & Corporate Communications, Q9 Networks Inc., Toronto: 416-848-3311, Toll Free: 1-888-696-2266, [email protected]