KEFLAVIK, ICELAND--(Marketwired - Sep 19, 2013) - Verne Global today announced that RMS, the world's leading catastrophe risk modeling firm, is deploying its RMS Cloud from Verne Global's data center campus in Iceland. Powered by the RMS Cloud, RMS(one)™, the insurance industry's first real-time exposure and risk management environment, will empower insurers and reinsurers to execute risk modeling, underwriting and portfolio management on a single, open platform hosted in a 100 percent green environment. RMS(one)™ will leverage Datapipe's Stratosphere® high-performance computing (HPC) green cloud platform for peak loads.
"With RMS(one) running on the RMS Cloud we are giving our customers unprecedented freedom, business agility and competitive advantage by allowing them to execute on their entire exposure and risk management strategies," said Bobby Soni, chief platform and services officer at RMS. "RMS(one) offers the industry's first secure, reliable and scalable computing platform coupled with big data infrastructure, which streamlines our customers' modeling, underwriting and portfolio management processes."
The growing demand for big data analytics is putting pressure on companies' HPC infrastructures, requiring organizations to look for locations where power is highly available, with the flexibility needed to handle rapid growth.
Datapipe, a top 10 EPA Green Power Partner, chose Verne Global's 100 percent dual-sourced renewably powered data center campus as the green cloud node for its Stratosphere HPC platform to ensure that customers, like RMS, have on-demand scalability and reliability as they build out large-scale processing environments.
"Datapipe's Stratosphere HPC green cloud platform delivers on-demand scalability combined with the power efficiencies of the Verne Global facility," said Robb Allen, chief executive officer of Datapipe. "As a result, RMS has an infrastructure solution providing the reliability, security, and efficiency required by high performance, big data applications."
"Data-intensive, power-hungry services like big data analytics and high-performance computing are becoming ideal cloud-based applications as the quality and quantity of data continues to grow," said Jeff Monroe, chief executive officer of Verne Global. "With aging power grids and rising concerns about the environmental impact of data, Verne Global is thrilled that innovative companies like Datapipe and RMS are tapping into the abundant and available renewable power offered through our data center campus."
RMS is the world's leading provider of software, services, and expertise for the quantification and management of catastrophe risk. More than 400 leading insurers, reinsurers, trading companies, and other financial institutions rely on RMS solutions to quantify, manage, and transfer risk. Founded at Stanford University in 1988, RMS serves clients today from offices in the U.S., Bermuda, the U.K., Switzerland, India, China, and Japan. For more information, visit http://www.rms.com/ and follow us @RMS_News.
Datapipe offers a single provider solution for managing and securing mission-critical IT services, including cloud computing, infrastructure as a service, platform as a service, colocation and data centers. Datapipe delivers those services from the world's most influential technical and financial markets including New York metro, Ashburn VA, Silicon Valley, Iceland, London, Tel Aviv, Hong Kong, Shanghai and Singapore. For more information about Datapipe visit http://www.datapipe.com/
About Verne Global
Verne Global is developing the data centre industry's first carbon neutral data centre campus. Verne's mission is to develop data centres in optimised geographic areas that offer companies the best total cost of ownership and 100 per cent renewable power without a price premium. Currently in the first stage of development, Verne Global is constructing a 44-acre campus on the former NATO Command Centre in Keflavik, Iceland. With Iceland's favourable natural attributes and renewable energy resources, Verne Global can save customers as much as $100 million in 10 years on energy costs alone. For more information, please visit http://verneglobal.com