MillenniumIT completed the deployment of a one-of-a-kind interactive IT solution for the newest Cinnamon hotel in the city of Colombo; the lean luxury property Cinnamon Red. This solution allows the hotel to enhance their guest experience with smart solutions such as personalised welcome screens, in-room information and entertainment, better connectivity, and enhanced security. This pioneering solution is the first of its kind to be built for the local hospitality industry.
MillenniumIT’s converged networking allows for the next generation in guest experiences, created especially to meet the challenges of the dynamic hospitality industry. Cinnamon Red can now offer numerous conveniences through multiple services such as data, IP telephony and IPTV to run through a single network. The IPTV interface is customised to welcome guests and allow them to view the hotel services and facilities, keep track of their bills, display information etc. Meanwhile, the accompanying high-speed wireless access enables guests to access the internet 24/7 through their mobiles and laptops, whilst allowing the hotel to manage bandwidth based on user demand. The converged solution also allows for CCTV monitoring, brings with it an inbuilt PA system, and also allows IT teams to seamlessly monitor their systems.
Terrence Fernando, General Manager Cinnamon Red said, “This IP solution by MillenniumIT meets the discerning and demanding needs of the contemporary business traveller efficiently and effectively. By investing in this lean yet cutting edge technology at Cinnamon Red, we’re confident in offering our patrons the best in hospitality by bridging luxury and affordability.”
Representing the hotel owner, Engineer Rohana Wannigama, Director of Sancity Hotels & Properties Limited said “The solution provided by MillenniumIT has added value by introducing a unique and efficient system to the city hospitality sector. The IP based infrastructure implemented at Cinnamon Red has made it a leader in technology and innovation.”
Faiq Faaiz, (designation), MillenniumIT said, “MillenniumIT considers it a key milestone to be selected as the IP solution provider for Cinnamon Red. It was a challenging task which established MillenniumIT as an innovative technology partner in hospitality industry, and another addition to our key milestones as a trusted and leading technology partner in the industry.
Built by construction giant Sanken Construction, the hotel has bridged a much needed gap in the heart of Colombo for a hotel focusing on the contemporary business traveller. This is yet another pioneering effort on the part of Cinnamon Hotels and Resorts and places the group on a strong footing in a highly competitive and booming hospitality industry.
About MillenniumIT: MillenniumIT is the power behind many of the world’s financial markets. MillenniumIT’s pre- to post-trade, multi-asset, ultra-low latency, agile technology infrastructure supports the trade lifecycle for more than 40 financial institutions and financial services firms around the world.
The MillenniumIT solution suite includes ultra-low latency trading platform Millennium Exchange™, the Millennium SOR™ smart order router; Millennium MarketData™, Millennium Surveillance™, and the integrated clearing, settlement and depository solution Millennium PostTrade™. Underpinning all of these solutions and providing the core integration layer is the Millennium Advanced Platform™ (MAP™).
Clients include Aequitas, Borsa Italiana, HKEx, Johannesburg Stock Exchange, London Metal Exchange, London Stock Exchange Group, Singapore Exchange, Toronto Stock Exchange, Tullett Prebon and Turquoise.
Founded in 1996 and head-quartered in Sri Lanka, MillenniumIT is a fully-owned subsidiary of the London Stock Exchange Group.
About London Stock Exchange Group: London Stock Exchange Group (LSE.L) is a diversified international market infrastructure and capital markets business sitting at the heart of the world’s financial community. The Group can trace its history back to 1698.
The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe’s leading fixed income market; and Turquoise, a pan-European equities MTF. It is also home to one of the world’s leading growth markets for SMEs, AIM. Through its platforms, the Group offers international business and investors’ unrivalled access to Europe’s capital markets.
Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of multi-asset global CCP operator, LCH.Clearnet Group, LSEG operates CC&G, the Italian clearing house; Monte Titoli, the T2S-ready European settlement business; and globeSettle, the Group’s newly established CSD based in Luxembourg.
The Group is a global leader in indexing and analytic solutions. FTSE and Russell Indexes offer thousands of indices that measure and benchmark markets around the world. The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista, Proquote and RNS.
Following the acquisition of Russell Investments, LSEG conducted a comprehensive review of the investment management business to analyse its strategic fit with the Group. This was concluded in February 2015, and LSEG is now exploring a sale of the business in its entirety.
London Stock Exchange Group is a leading developer of high performance trading platforms and capital markets software for customers around the world. In addition to the Group’s own markets, over 35 other organisations and exchanges use the Group’s MillenniumIT trading, surveillance and post trade technology.
Headquartered in London, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 4,700 people.
Further information on London Stock Exchange Group can be found at www.lseg.com
