June 22, 2009 – (HOSTSEARCH.COM) – Equinix, Inc. (http://www.equinix.com), a provider of global data center services, has announced that euNetworks (SGX: H23.SI) will offer its new euTrade service to customers in Equinix’s Amsterdam (AM1), Frankfurt (FR2), London (LD4) and Paris (PA2) International Business Exchange™ (IBX®) data centers. The addition of the euTrade service, which offers specialist ultra low latency, high availability connectivity to Europe’s financial community, will provide Equinix customers with an additional choice of best-of-breed networks.
Located in Europe’s major financial markets, the four Equinix IBX data centers where the euTrade service will be offered are carrier-neutral facilities, providing Equinix customers with access to the broadest possible selection of specialist low latency networking services. In addition, the highly resilient data centers provide a full range of colocation, support and monitoring services.
“Increasing trading volumes, the global nature of banking and trading organisations plus the compliance demands set out by MiFID all make it absolutely imperative that financial services firms have access to the very best available connectivity services,” said Petrina Steele, vice president, business development, Equinix. “euNetworks’ new offering is an important addition to our IBX data centers and its ultra low latency, high availability network services will undoubtedly be attractive to our expanding list of European financial customers.”
euTrade provides guaranteed high performance all-optical connectivity for financial firms, and includes a contractual ultra-low latency guarantee, between London and Frankfurt. These contractual guarantees are possible because euNetworks owns a €1billion all-optical network over which it can assure end-to-end performance. Ideally suited to mission-critical trading applications, it is now available in all key European trading locations. Unlike some other services, euTrade can be provisioned in a matter of days. For example, the lead time to activate a new connection in Equinix’s Amsterdam, Frankfurt and London facilities is just five working days, and changes can be made in as little as one working day.
“Equinix’s data centers are the ideal locations for our new euTrade service. Not only do they offer high availability colocation services, but Equinix is constantly investing in these facilities to ensure operations are always future-proofed,” said Barry Nolan, Chief Operating Officer of euNetworks. “The euTrade-Equinix proposition is very strong; both companies have a wealth of financial sector experience and are focused on delivering ultra-resilient – yet highly flexible – services.”