More than 50 exchanges and trading venues, 300 buy-side and sell-side trading firms and 100 financial technology service providers rely on Equinix for secure, highly reliable and low latency connectivity
Equinix, Inc. (Nasdaq: EQIX), a provider of global data centre services, today revealed that its Financial Services business unit has added more than 100 customers over the last calendar year and now has more than 450 in total, with nearly 900 deployments*. This achievement highlights a year that has seen Equinix close its acquisition of Switch and Data, continue to expand its International Business Exchange (IBX) data centre footprint that currently spans 35 strategic metropolitan areas around the world, and greatly broaden its ecosystem of trading venues, buy and sell side firms, market data providers, technology providers and financial networks. These milestones have strengthened Equinix’s leadership in the financial sector while providing its customers a neutral meeting place to conduct business.
The growing interrelationship of the global financial markets has led to seismic shifts in trading methods and technologies employed. While the shifts have created competitive opportunities, they have also placed a tremendous burden on IT infrastructure and require well-connected data centres to meet the needs of today’s financial services industry. To compete in this complex, real-time transaction environment, financial firms need a secure environment, rich network choices and the ability to connect to multiple partners simultaneously. This challenge is further amplified when a firm operates multi-nationally and needs to service several regions simultaneously while minimising latency and operational costs.
The Equinix global services delivery platform was built for these requirements and its adoption is reflective of the company’s ability to help many of the world’s largest financial companies architect solutions to overcome their challenges. Available in the top 15 global financial markets, Equinix provides the secure colocation, rich network density and low-latency connectivity services that financial firms need to create business ecosystems where data is exchanged directly with strategic partners and customers located within Equinix IBX data centres. Eliminating the need to connect to multiple partners over significant geographic distances dramatically improves reliability and scalability, reduces overall cost and enables participants to seamlessly expand operations into new markets.
“Our reputation for excellence across our global footprint is the primary reason for our success in the financial market,” said Equinix President and CEO Stephen M. Smith. “By continuing to invest in new strategically-located facilities, and strengthening the breadth of our services and ecosystem, Equinix is committed to servicing the present and future needs of the financial community. The tremendous growth we’ve seen reflects the value we provide and the role our IBX data centres play in the global economy.”
*These metrics do not include the integration of the financial services customers from the Switch and Data acquisition.
