Hosting News
Equinix Works with Intel to Boost Trading Performance for London-Based Financial Customers
2009-06-23
Intel fasterLAB testing facility to be hosted at Equinix’s London-Slough data
center
London, United Kingdom – June 23, 2009 – Equinix, Inc. (Nasdaq: EQIX), a
provider of global data center services, has announced a collaboration with
Intel which will enable the community of financial firms located in its London
(LD4) International Business Exchange (IBX®) data center to optimize their
trading operations. From September 2009, fasterLAB, incorporating Intel’s
engineering activity for low latency, will be extended into the LD4 data center,
allowing all participants of Equinix Financial eXchange, a neutral marketplace
comprising a growing number of financial market participants, to fine tune their
operational infrastructure to ensure best possible execution times when they
engage colocation operations. This collaboration means that, for the first time,
the expertise brought by fasterLAB will be available outside Intel’s own test
facilities and in a live production environment.
Equinix Financial eXchange consists of execution venues, buy and sell side
firms, market data providers, technology providers and financial networks that
locate infrastructure within Equinix data centers in order to benefit from
highly reliable, low latency connectivity. Intel will be available to work with
this community, focusing on the infrastructure level architecture of their
trading systems, to deliver further throughput and latency improvements.
Under the arrangement, Equinix will provide colocation space for fasterLAB’s
proof of concept work, while Intel will provide Equinix’s customers with access
to the latest processors, working with a range of technology partners to test
systems, using enhanced, updated configurations against a range of real-life
operational trade execution scenarios. Following proof of concept, upgrades can
then be defined and deployed as needed. This new extended fasterLABs initiative
will help Equinix customers reduce the risks associated with innovation, gain
access to a wider range of new technologies and cut the testing cycle for new
technology deployments.
“We are delighted that Intel has decided to work with us to extend its
fasterLABs initiative into our London-Slough data center,” said Petrina Steele,
vice president, business development at Equinix in Europe. “Intel’s proven track
record of optimizing trading architectures to dramatically reduce latency, will
be of significant value to the community of financial firms colocated within our
LD4 center, whose number one requirement is cut execution times.”
Supporting companies assisting in the fasterLAB intiative include ACTIV
Financial, Citihub, Chi-X, Chi-Tech, Correlix, Corvil, Fixnetix, ICAP, Progress
Software's Apama Algorithm Trading Platform, Quanthouse, Rapid Addition, SeaNet
Technologies, Sun Microsystems, TBricks, Thomson Reuters, TS-Associates plc and
Verari Systems, as well as other leading engineering consulting companies,
trading services firms, niche software providers and hardware and infrastructure
specialists.
“Colocation has now become one of the key facets in the quest for low latency
and best practice trade execution, but it is equally critical for financial
firms to scrutinise and tune all aspects of their technology infrastructures in
order to optimize performance,” said Nigel Woodward, worldwide director,
financial services, Intel. “It is a natural progression for Intel to team up
with Equinix to facilitate faster trading operations and we hope that the
collaboration will represent a very positive development for all market
participants.”
About Equinix Financial eXchange:
Equinix Financial eXchange is a neutral marketplace consisting of financial
markets participants including execution venues, buy and sell side firms, market
data providers, technology providers and financial networks; that locate servers
and infrastructure within Equinix data centers in order to support highly
reliable, low latency connectivity for a broad range of market participants.
Learn more at:
http://financial.equinix.com
About Equinix
Equinix, Inc. (Nasdaq: EQIX) provides global data center services that ensure
the vitality of the information-driven world. Global enterprises, content and
financial companies, and network service providers rely upon Equinix’s insight
and expertise to protect and connect their most valued information assets.
Equinix operates 42 International Business Exchange™ (IBX®) data centers across
18 markets in North America, Europe and Asia-Pacific.
Important information about Equinix is routinely posted on the investor
relations page of its website located at
www.equinix.com. We encourage you to check Equinix’s website regularly for
the most up-to-date information.
Press Contacts
Europe
Jacqui Depares / Lucy Smart
Johnson King
+44 (0)20 7401 7968
Equinix Investor Relations Contact
Jason Starr
Equinix, Inc
+1 (650) 513-7402
North America
David Fonkalsrud
K/F Communications, Inc
(415) 255-6506
Click here for more information
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