SOURCE: CH2M HILL

May 06, 2008 02:01 ET

CH2M HILL Managed Services Completes IT Life Cycle Management Implementation for Stone & Youngberg

DENVER, CO--(Marketwire - May 6, 2008) - CH2M HILL Managed Services, a provider of full IT life cycle management for companies' network infrastructure and IT operations, has completed a major IT assessment and remote infrastructure management (RIM) implementation for Stone & Youngberg LLC, a financial services firm. Stone & Youngberg, founded in 1931, is one of the oldest private investment banks operating in the United States. The firm offers underwriting, advisory, and investment services to state and local governments, non-profit organizations, and institutional and private investor clients and underwrote $4.7 billion in municipal bond issues in 2007, according to Thomson Financial. With headquarters in San Francisco, Stone & Youngberg (www.syllc.com) has eight other offices across the United States. The IT implementation strategically positions CH2M HILL Managed Services to support Stone & Youngberg's mission-critical applications on a 24/7 basis, providing the IT foundation for Stone & Youngberg's continued growth.

"Our instructions to the CH2M HILL Managed Services team were pretty simple: Bring in your team of IT experts, look at how we are set up, give us your best recommendations about how IT can support our company going forward, then ensure Stone & Youngberg achieves around the clock monitoring, management of all systems, and a strong working relationship between our technical teams. I was impressed with the team's expertise, the depth of the assessment they conducted, the partnership they developed with the Stone & Youngberg IT Department, and the quality of plan they delivered," said Mike Wagner, CIO of Stone & Youngberg. "Our goal was to take a proactive approach to our IT strategy, and the CH2M HILL Managed Services team created a great plan that met our needs and would do so without interrupting our employees' ability to serve clients."

CH2M HILL Managed Services' implementation for Stone & Youngberg included: a comprehensive assessment of its IT and network infrastructure; development of a 12-month tactical plan and three-year strategic plan to guide the implementation; a reconfiguration of the corporate WAN to enhance performance; consolidation of servers, platforms and applications to reduce operating costs and maintenance requirements; and the provisioning of "always on" monitoring and management of servers, backup devices, network operations and security systems.

Richard Crockett, vice president and chief technical officer of CH2M HILL Managed Services, commented, "For financial services companies, IT systems and network infrastructure have become core corporate assets that provide the foundation for employees and applications responsible for managing billions of dollars in transactions. Stone & Youngberg knows the importance of IT to its operations, and understands that a proactive, comprehensive IT strategy provides the company a competitive advantage in the industry. By taking a holistic approach to this project, the result is a streamlined, highly efficient IT infrastructure that saves money and is easier to manage. This has been a very successful collaboration and we will continue working closely with Stone & Youngberg as we provide ongoing remote infrastructure monitoring and management services for the company."

CH2M HILL Managed Services completed this implementation at Stone & Youngberg in 2007 and will provide ongoing 24/7 monitoring for the company.

CH2M HILL Managed Services' IT Life Cycle Management Services align a company's IT infrastructure and IT systems with its core business strategy, which results in:

--  24/7 proactive monitoring and management of critical IT infrastructure
--  Increased reliability and performance of critical systems and
    applications
--  Lower operating costs for network and IT systems
--  Significant reductions in the need for capital investments in IT
    equipment
--  Improved IT risk management and compliance-related safeguards
--  Enhanced IT security and business continuity systems
    

CH2M HILL Managed Services IT Life Cycle Management Services include strategic IT planning, network design and deployment, application development and deployment, RIM, managed server hosting, 24/7 help desk service and 24/7 monitoring of IT systems. For a complete overview of CH2M HILL Managed Services IT Life Cycle Management Services, visit www.ch2m.net/Services.aspx.

About CH2M HILL Managed Services

CH2M HILL Managed Services business operates and maintains information technology infrastructures and network-based services for clients worldwide. By providing end-to-end management of a company's IT operations, CH2M HILL Managed Services allows companies to focus on their core business functions resulting in reduced annual technology costs while increasing reliability, scalability, security and overall system performance. For more, visit www.ch2m.net.

CH2M HILL's Managed Services business is part of CH2M HILL Enterprise Management Solutions (EMS), an industry-leading IT management consulting and solution development business. The CH2M HILL EMS business provides a unique ability to leverage its core lines of business: consulting, spatial, collaboration, security and IT managed services to provide capabilities that span the entire client enterprise. For more information on CH2M HILL EMS and its lines of business, visit www.ch2m.com/ems.

Headquartered in Denver, Colo., employee-owned CH2M HILL is a global leader in engineering, procurement, construction and operations for government, civil, industrial and energy clients. With more than $5 billion in revenue and 24,000 employees, CH2M HILL is an industry-leading program management, construction management and design firm, as ranked by Engineering News-Record (2007). The firm's work is concentrated in the areas of energy, water, transportation, environment, nuclear and industrial facilities. The firm has long been recognized as a most-admired company and leading employer, including being named by FORTUNE as one of the 100 Best Companies to Work For (2008). Visit www.ch2mhill.com.

Contact Information