Equinix Inc : IRESS Selects Equinix to Support its Global Business Expansion
05/14/2012| 08:05pm US/Eastern
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Leading Australian Financial Technology Provider Deploys in Equinix
IBX Data Centers in Hong Kong, Singapore and London
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 leveraged Platform
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."
About IRESS
IRESS is a principal supplier of sophisticated share market and wealth
management systems in Australia, Asia, New Zealand, Canada, South Africa
and the United Kingdom. Innovative and extensive, IRESS solutions
deliver streamlined data and workflow to financial markets and wealth
management professionals.
IRESS - equity and derivative market solutions for trading,
market data and portfolio management. IRESS delivers global market data,
buy-side and sell side order management (OMS) and EMS), FIX based order
routing, direct exchange connectivity, smart order routing and portfolio
management.
XPLAN - comprehensive tools for financial planners and risk
managers. XPLAN offers a complete range of solutions for client
management, business management and financial planning.
Private Wealth - integrated online desktop for portfolio managers
and private client advisers operating in advice, discretion, and
execution-only segments.
Designed for high performance environments, all IRESS solutions are
fully managed to ensure workflow efficiency and low latency data access.
IRESS has a progressive, service-based culture and employs over 600
staff in offices worldwide. Located in the centre of the major financial
districts, all IRESS staff have local knowledge and industry experience.
Learn more at: http://www.iress.com
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: www.equinix.com/industries/financial-exchange/
About Equinix
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 700 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. www.equinix.com.
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.
Equinix Media Contacts
Equinix Asia-Pacific
Lorraine
Little-Bigelow, + (852) 2970 7742
llittlebigelow@ap.equinix.com
or
LEWIS
Communication
Annie Ho/Belle Pei, + (852) 3944 5000
LEWISHongKong@lewispr.com
© Business Wire 2012
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