Orange Business Services - Trading Solutions Selects Equinix for Brazil to New York Hub
Brazilian markets and BM&FBOVESPA exchange now available to clients within hours
REDWOOD CITY, Calif. & LONDON, Jun 06, 2011 (BUSINESS WIRE) -- Equinix, Inc., (Nasdaq:EQIX), a provider of global data center services, today announced that Orange Business Services - Trading Solutions, the leader in voice and electronic trading infrastructure and services for the trading communities has chosen Equinix's NY4 data center to enable direct market access to its trading partners in Brazil.
Trading Solutions' dedicated network, TCSnet, has been available in Sao Paulo since last year where it offers connectivity to the BM&FBOVESPA exchange, as well as trading firms and brokers in the Brazilian market. Trading Solutions wanted a strategic point of presence (PoP) in the New York area and chose Equinix's International Business Exchange(TM) (IBX(R)) NY4 data center in Secaucus, NJ, for its extensive financial services ecosystem and the ability to provide connectivity to Brazilian customers within 24 to 48 hours.
Jerry Mattiace, vice president, North America, Orange Business Services - Trading Solutions, said: "Our customers in the New York area want to trade directly with firms in Brazil and have direct access to BM&FBOVESPA. Equinix offers us the widest range of financial services partners under one roof and the ability to connect them to our Brazilian network within hours."
Mo Takhim, head of managed services at Ullink, provider of comprehensive low-latency connectivity and trading solutions, and customer of Trading Solutions, said: "Demand for connectivity and trading access to the Brazilian market is increasing, as Brazilian traders seek high-speed access to the U.S. and other markets. Trading Solutions' relationship with Equinix expands incoming business for our members and at the same time it facilitates outgoing trades."
Trading Solutions connects to the Rio de Janeiro, São Paulo and Tamboré sites owned by ALOG Data Centers of Brazil. Equinix recently announced the completion of its acquisition of ALOG Data Centers of Brazil S.A.
John Knuff, general manager global financial services at Equinix, said: "Our expanding financial ecosystem connects exchanges, sell-side and buy-side firms, as well as market data and service providers to new opportunities in markets around the world. Trading Solutions' Brazil link to NY4 represents another compelling option for the financial community inside Equinix, as well as for participants in Brazil."
Mattiace added: "Trading Solutions differentiated itself early on from competitors by creating innovative networks in some of the world's most exotic locations, and what are now emerging markets. Brazil is growing rapidly now that BM&FBOVESPA enables high frequency trading capabilities."
Trading Solutions operates in the major financial centers across the globe including Beijing, Frankfurt, Geneva, Hong Kong, London, Madrid, Milan, New York, Paris, Shangai, Sydney, Singapore, Tokyo and Zurich. It is located across Platform Equinix in Frankfurt, Geneva, London, New York and Zurich.
About Orange Business Services
Orange Business Services, the France Telecom Orange branch dedicated to B2B services, is a leading global integrator of communications solutions for multinational corporations. With the world's largest, seamless network for voice and data, Orange Business Services reaches 220 countries and territories with local support in an additional 166. Thousands of enterprise customers and 1.4 million users rely on Orange Business Services international platform for communicating and conducting business. Learn more at www.orange-business.com.
About Orange Business Services - Trading Solutions
A single source of innovation
Orange Business Services - Trading Solutions is a leading provider of convergent voice and electronic trading infrastructure and services for the trading communities. It is an international subsidiary of the Orange Group, employing over 450 people in the major financial centres across the globe including Beijing, Frankfurt, Geneva, Hong Kong, London, Madrid, Milan, New York, Paris, Shanghai, Sydney, Singapore, Tokyo and Zurich. The company is supported by a global partner network of distributors in 50 countries offering customers 24/7 service.
Orange Business Services - Trading Solutions has more than 45 years' experience of working with the financial services trading industry. With a focus on building long-term partnerships with customers, Orange Business Services - Trading Solutions brings innovative solutions and the highest quality services to the trading community. It provides optimised solutions over its dedicated trading network to a community of more than 2,000 network member organisations, encompassing buy-side and sell side institutions and trading venues.
Orange Business Services - Trading Solutions also offers flexible trading products and services including state of the art, unified voice trading solutions with over 40,000 turrets in play featuring user's programmable interfaces, touchscreens and voice/instant messaging recording solutions.
For more information please visit www.orange-business.com/trading-solutions.
BM&FBOVESPA - Brazilian Securities, Commodities and Futures Exchange was created in 2008 with the integration between the Brazilian Mercantile & Futures Exchange (BM&F) and the Sao Paulo Stock Exchange (Bovespa). Together, the companies have formed the third largest exchange in the world in terms of market value, the second largest in the Americas, and the leading exchange in Latin America. BM&FBOVESPA offers trading in equities on the cash, options and forward markets, and indices, interest rates, foreign exchange, agricultural and energy commodities on the futures, options, forward and swap markets, as well as other spot market transactions on gold, US Dollar and federal government securities.
In order to provide investors with efficient and secure services, BM&FBOVESPA utilizes state-of-the-art technology. With its fully integrated business model BM&FBOVESPA is able to offer not only a sophisticated trading environment, but also registration, clearing, settlement, risk management, and central depository services. It also acts as the central counterparty for all of the transactions carried out in its markets by way of its four clearinghouses: equities, derivatives, securities, and foreign exchange. For more information, visit www.bmfbovespa.com.br
About Equinixin 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
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. More than 3,350 enterprises, cloud, digital content and financial companies connect to more than 650 network service providers and rely on Platform Equinix to grow their business, improve application performance and protect their vital digital assets. Equinix operates in 37 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.
SOURCE: Equinix, Inc.
LEWIS PR for Equinix, Inc.
Jade Wilkinson, +1-415-992-4400
LEWIS PR for Equinix
Orange Business Services - Trading Solutions
Chanda Gathani / Caroline Beer, +44 (0) 20 3100 3605 / 3796