Equinix, Inc. (NASDAQ:EQIX), a provider of global data center services, today announced that IRESS, a leading financial services technology provider headquartered in Australia, has leveragedPlatform Equinix™ to extend availability of its market data, access, trading and wealth solutions services throughout and beyond the Asia Pacific region.
The deployments in Equinix International Business Exchange™ (IBX®) data centers in Asia and Europe represent an important milestone in the company's global business expansion and enable IRESS to capitalize on growth opportunities for financial services in some of the world's most dynamic economies.
IRESS is a principal supplier of financial markets and wealth management systems in Australia, Asia, New Zealand, Canada, South Africa and the United Kingdom, employing more than 650 staff in 14 offices worldwide. To support its global business expansion, IRESS has entered into a global agreement with Equinix to expand into IBX data centers in Hong Kong, Singapore and London, which will complement the existing IRESS deployments in Toronto and Sydney.
By leveraging Equinix's ecosystem, IRESS can build service delivery environments that are less complex, more cost-efficient and higher performing. IRESS will benefit from global data center network connectivity, offering localized and reliable services to its customers across Asia. Equinix's global footprint with established financial ecosystems will provide IRESS with access to major stock and securities exchanges, and enable the company to interconnect with customers and partners located inside Equinix IBX data centers, thus improving time to market.
"We have worked closely with Equinix since we first deployed in its IBX data center in Toronto. Over the past two decades, we have grown solidly by expanding our presence to bring localized services to our customers," said Andrew Walsh, CEO at IRESS. "Building on the success of the recent deployments in Sydney and other territories, we are confident the breadth and scope of Platform Equinix will enable us to provide our customers and partners with innovative and sophisticated solutions more efficiently as we grow our business in Asia and other parts of the world."
"We are excited to collaborate with IRESS to optimize its provision of services in the financial services industry and to see the company expand its global business with Platform Equinix, through the dense network of service providers, vast ecosystem of exchanges and broad range of financial institutions," said Tony Simonsen, managing director, Equinix Australia. "This engagement further strengthens the global financial ecosystem inside Equinix which already offers best-in-class connectivity and colocation in the world's top 16 financial markets."