Volta, the specialist provider of data centres to the financial services, media and content industries, today takes ownership of the site set to become Central London's most advanced and resilient data centre.
Following the completion of the purchase of the former Reuters building in Great Sutton Street EC1, Volta will now embark upon a complete refurbishment to equip the building with the most sophisticated state-of-the-art technology. The building, previously occupied by BT, will be fully operational from early 2013.
This brand new facility is located in immediate proximity to the City and will deliver ultra-low latency, highly efficient and resilient data centre services, catering specifically to users of latency-sensitive cloud services in the financial services industries.
Matthew Dent, Chief Executive Officer at Volta said, "We have an incredible opportunity to bring to market a data centre that is built to the highest industry standards and is also tailored to the specific needs of companies in the financial services industries."
Volta Great Sutton Street will offer flexible data centre space tailored to individual business needs including co-location and private caged data suite options. The 8,500 m2 island site data centre will have the most resilient data centre power supply available to any data centre in Central London being connected to two 33kv substations. In addition, the building also benefits from already having a number of telecommunication providers including Colt, Verizon, C&W, BT, AboveNet, EU networks and Geo Networks, allowing potential customers immediate access to a wide range of the world's leading connectivity services.
Ian Charles Wright, Chief Technical Officer commented, "Technology has never been as central to business strategy as it is today and companies in the highly-competitive financial services industries simply cannot afford to fall down when it comes to having superior equipment and infrastructure. We believe this building offers a unique opportunity for potential customers to drive competitive advantage at a time when the financial services market is not only under-supplied with low-latency services but also as proximity to data storage facilities becomes increasingly critical."
Volta officially launched plans for the new site in April this year with the backing of all equity funding from funds managed by Apollo Global Management, LLC's (NYSE: APO) real estate group, Apollo Global Real Estate Management and Glebe London Limited Partnership.