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Press Release -- February 16th, 2010
Source: InterXion
Tags: Colocation, Expansion, Low Latency

Options IT Expands its Options PIPE® Platform to Interxion’s City of London Financial Hub

Agreement extends Options IT’s high-performance technology infrastructure, managed hosting, market data and connectivity services to Interxion’s colocation facility

LONDON, 16th February, 2010 – Interxion, a leading European operator of carrier-neutral data centres, today announced that Options IT, a leading provider of high-performance technology Infrastructure-as-a-Service for the buyside and sellside, has expanded its global Options PIPE platform to Interxion’s City of London Financial Hub.

Through the agreement, Options IT has connected via dark fibre to Interxion’s Financial Hub from its data centre in Northwest London and now provides its full suite of services ― including fully redundant front-, middle-, and back-office technology infrastructure and managed hosting, ultra-low latency market data, and connectivity ― to the large and growing community of high-frequency traders and brokers currently residing in Interxion’s Financial Hub.

The Financial Hub is an ultra-secure physical space within Interxion’s data centre that is strategically located at the heart of the financial markets in the City of London, enabling the financial community to interconnect with extremely low latency. The Options PIPE platform provides hedge funds, proprietary trading shops, private equity firms, investment banks, and brokerages with a complete technology infrastructure delivered with the efficiencies of a hosted service and the scalability, strength and security of an enterprise solution. This is the latest in a series of recent expansions for Options IT across North America, Europe and Asia.

“Providing the closest proximity and lowest-latency access to the markets in which our clients execute their trading strategies is a primary focus and competitive differentiator for our Options PIPE services,” said Nigel Kneafsey, CEO, Options IT. “We chose to expand to Interxion’s Financial Hub facility, which has built up a critical mass of capital market participants, because it provides the type of environment that enhances the benefits delivered to firms leveraging our services.”

“This agreement is further evidence of our growing reputation as one of the leading proximity hosting providers to the financial services industry and further reinforces the value of our City of London Financial Hub,” said Anthony Foy, Group MD Interxion. “Our equi-distance to the most important liquidity markets and the ability to deliver sub-millisecond access to all London-based trading venues, combined with a broad choice of low-latency networks and access to technology providers such as Options IT, makes Interxion a compelling proposition for capital market participants.”

-END-

About Interxion

Interxion is a leading European operator of carrier-neutral data centres. Headquartered in Schiphol-Rijk, The Netherlands, Interxion serves its customers from 26 carrier-neutral data centres located in 13 cities across 11 European countries. Interxion serves network and carrier-based, hosting and enterprise customers who require professionally managed and strictly controlled physical environments within which to operate mission-critical applications and computer systems. Interxion’s data centres offer cost-effective and fast access to multiple local and global communication networks. For more information please visit www.interxion.com

About Options IT

Founded in 1993, Options IT is a global provider of high-performance technology Infrastructure-as-a-Service, managed hosting, ultra-low latency market data and connectivity for hedge funds, proprietary trading shops, investment banks and brokerages. Combining innovative technology solutions with highly experienced technology management and support staff, Options IT provides clients with a total technology infrastructure solution via the Options PIPE platform, delivering the efficiencies of a hosted technology service with the scalability, strength and security of an enterprise solution. With offices across North America, Europe and Asia, Options IT provides solutions to more than 120 clients globally. For more information please visit www.options-it.com

Press enquiries:

Richard Warner, UK Marketing Manager
Interxion Ltd
Tel: +44 207 375 7081
E-mail: richardw@interxion.com

Marc Weinstein
Spring O’Brien, for Options IT
Tel: (212) 620-7100, ext. 216
E-mail: marcw@spring-obrien.com

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