March 20, 2012
ABN AMRO Clearing Helps Customers in Asia-Pacific Drive Performance Improvements and Reduce Operational Costs
SINGAPORE — March 21, 2012 — Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced that ABN AMRO Clearing (AAC), a leading global securities services provider which covers 85 exchanges worldwide and clears more than 16 million trades per day, has extended its data center network in Hong Kong, Sydney, Tokyo and Singapore to support its trading customers across Asia-Pacific. This will provide AAC’s customers with faster on-boarding and regional market entry, with multi-asset class and multi-venue connectivity.
With Platform Equinix™, AACs customers will experience the direct benefits of access to an established, network- dense and highly secure financial services’ ecosystem, powered by high-connectivity and low latency. This enables AAC customers to leverage AAC’s exchange memberships, global network and infrastructure, as well as drive performance improvements among their counterparties through reference data and network services while reducing total costs of operation ― all of which are essential to a successful regional or global trading strategy.
“At ABN AMRO Clearing, our customers are our first priority, and we need service providers who can offer the ability to seamlessly enter and expand in multiple territories, and add value to our client base,” said Chris Lee, global head of market access, ABN AMRO Clearing. “Equinix is the perfect choice for us with its extensive reach in Asia-Pacific, and its track record of providing the highest quality services consistently through its global platform. We currently offer trading access, hosting and proximity across the globe covering multiple asset classes. This is delivered via our 26 global data center locations utilizing FIX[i] and our vendor partners. Equinix is an integral part of that.”
“We are pleased to have ABN AMRO Clearing as the newest addition to our established financial ecosystem across Platform Equinix. With our high quality of security, service and high-speed connectivity across multiple markets, we will help AAC acquire new customers across the region by easing clearance processes that drive effective trading and clearing,” said David Wilkinson, senior director, business development for Equinix in Asia-Pacific.
“As trading volumes in Asia continue to grow, customers with aggressive regional expansion plans continue to execute increasingly complex trading strategies that span multiple asset classes, venues and territories. In addition to market access, counterparty and service provider access is key to staying ahead of the curve. Such access will typically include real-time market, reference and sentiment data for trade decisions, ISV[ii] access for operational services and support and network access for offsite order flow,” said Wilkinson. “The Equinix Marketplace, which enables buyers to find and connect with more than 4,000 Equinix partners and customers, is well equipped to help AAC’s customers increase visibility and choice when selecting a best-in-class provider for timely market information that could enable effective clearance and trades.”
Equinix has 11 data centers across five key markets in Asia-Pacific, in Singapore, Hong Kong, Tokyo, Sydney and Shanghai. The company services more than 900 customers in the region, including financial customers such as Chi-East, Activ Financial, IPC, Chi-X and Hong Kong Mercantile Exchange. Download the case study to learn how Equinix delivers a consistent global experience.
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. Platform Equinix connects more than 4,000 enterprises, cloud, digital content and financial companies including more than 690 network service providers to help them grow their businesses, improve application performance and protect their vital digital assets. Equinix operates in 38 strategic markets across the Americas, EMEA and Asia-Pacific and continually invests in expanding its platform to power customer growth. http://www.equinix.com/
[i] The Financial Information eXchange (FIX) Protocol is a messaging standard developed specifically for the real-time electronic exchange of securities transactions. FIX is a public-domain specification owned and maintained by FIX Protocol, Ltd. FIX is key in supporting Straight -Through- Processing (STP). STP enables the entire trade process for capital markets and payment transactions to be conducted electronically without the need for re-keying or manual intervention.
[ii] Independent software vendor (ISV) refers to a company specializing in making or selling software.
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.