IPC Systems, a leading provider of indispensible trading communications solutions to the world's top financial services firms and global enterprises, today announced that it has extended its affiliation with global data center services company Equinix (Nasdaq: EQIX) to support growing demand for IPC's portfolio of Electronic Connectivity Services (ECS).
Equinix already hosts IPC's core network infrastructure at four of its major data centers in Chicago, New York, Toronto and Hong Kong. As part of the global collaboration between the two organizations, IPC will extend its deployment with Equinix during 2010, adding locations in the UK and Singapore.
IPC's private, secure network interconnects more than 200 cities across six continents, and provides an ideal connectivity option for the members of the Equinix electronic trading community looking for industry-leading resilience, dedicated bandwidth and the highest levels of service availability. Equinix IBX data centers support a global financial community of buy-side and sell-side firms, hedge funds, execution venues, market data suppliers, network providers and trading technology vendors - all interconnected inside a neutral, open marketplace. Equinix has expanded quickly in the world's key financial markets to become the data center for the well-connected, offering the lowest latency connectivity and collocation capabilities via 87 major data centers around the world.
"At Equinix we understand that financial services firms depend on secure connectivity, access to the exchanges, trading venues, market data and service providers that are right for their business, and the ability to deploy fast and seamless connectivity with the minimum of disruption," commented John Knuff, general manager of Financial Services at Equinix. "That's why we've always supported a carrier-neutral approach, providing our customers with the opportunity to connect with the networks, carriers and ISPs that are most appropriate for their business. IPC supports more than 2,400 trading floors and connects almost 4,000 market participants and exchanges globally so we expect it to prove a popular choice for our customers in our New York, Chicago, Hong Kong and Toronto data centers, as well as in Singapore and Slough later this year."
"Extending our relationship with Equinix and becoming an active member of the company's electronic trading community makes good sense for IPC as both organizations are entirely complementary in terms of our proposition for today's demanding financial services customers," added Dave Brown, senior vice president, Global Network Operations, IPC Systems. "Because we already supply connectivity to market participants and exchanges across the globe, we believe we can provide a compelling connectivity choice for firms locating in Equinix's expanding global data center network. With our Electronic Connectivity Services we can play a key role in helping organizations to connect to their target markets more quickly, while still supporting them with the high-quality, reliable and scalable connectivity solutions needed for successful electronic trading."