Business Continuity Trading Room in New York offers disaster recovery for mission critical trading operations
REDWOOD CITY, CA – February 16, 2011 – Equinix, Inc. (NASDAQ:EQIX, news, filings), a provider of global data center services, today announced the availability of its Business Continuity Trading Room (BCTR) services in Equinix’s NY7 International Business Exchange™ (IBX®) data center. Financial companies in the New York IBX now have access to resilient colocation and business continuity services for mission critical trading infrastructure.
Equinix’s BCTR facilities in New York will protect financial customers’ mission critical operations in the event of a major incident or disaster. Equinix BCTR services are secure facilities that meet or exceed industry standards and allow financial firms to meet regulatory requirements for business continuity, and ensure trading will continue in the same secure, reliable and network rich environment as Equinix colocation services. Specifically, traders will have access to trading desks equipped with multiple monitors, workstations and specialized trading phones with voice recording and numerous market data feeds. Customized private suites ensure customers also have the flexibility to address any infrastructure or risk profile.
In the U.S. market, Surge Trading, the New York-based electronic market maker, tapped Equinix to provide disaster recovery and business continuity capabilities.
“We are pleased to be working with Equinix, a recognized global leader in data center and colocation services,” said Joseph M. Marinaro, chief business development and strategy officer at Surge Trading. “Our clients expect us to deliver best execution services and we strive to exceed expectations by ensuring that our service providers meet the highest standards. Additionally, working with Equinix will allow us to develop and scale new offerings for our clients as the market demands. Furthermore, our clients can expect a seamless migration with no impact to their day-to-day dealings with the firm.”
Equinix also has business continuity capabilities in Germany and in Hong Kong. Equinix customers leveraged BCTR services to ensure trading rooms were kept active in Hong Kong during the SARS epidemic and the Bird Flu scare in 2003.
Allan Graham, director of business continuity products for Equinix, said: “Financial businesses need immediate access to facilities when disaster strikes. Equinix offers a range of solutions and features that reduce risk while providing additional value, including use of backup facilities for remote work, QA testing, training and other activities.”
“We’ve already seen success with BCTR in Hong Kong and Germany, and now North American customers will have access to these same services,” Graham added.
About Equinix in the Global Financial Markets
Equinix provides a neutral meeting place for the world’s leading financial market participants including trading venues, buy and sell side firms, market data providers, technology providers and financial networks. These customers locate servers and infrastructure within Equinix data centers to support mission critical financial services applications with highly reliable, low-latency connectivity. Learn more at: http://www.equinix.com/industries/financial-exchange/
Equinix, Inc. (NASDAQ: EQIX) connects businesses with partners and customers around the world through a global platform of high performance data centers, containing dynamic ecosystems and the broadest choice of networks. More than 3,100 enterprises, cloud, digital content and financial companies connect to more than 625 network service providers and rely on Platform Equinix to grow their business, improve application performance and protect their vital digital assets. Equinix operates in 35 strategic markets across North America, Europe and Asia-Pacific and continually invests in expanding its platform to power customer growth. http://www.equinix.com
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Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix’s filings with the Securities and Exchange Commission. In particular, see Equinix's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
Equinix and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.