Interxion, a leading European operator of carrier-neutral data centers, 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 fiber 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."