Equinix, Inc. (Nasdaq:EQIX), a provider of global data center services, today announced that BT, a leading provider of connectivity, hosting and managed services solutions, has selected Equinix data centers for the roll-out of BT Radianz Venue, a cloud-based high-performance suite of services designed to enhance BT’s proximity hosting capabilities and provide the lowest optimal latency and interconnectivity between trading venues throughout the world’s top financial markets.
Under the agreement, BT will offer its BT Radianz Venue capabilities from Equinix’s world-class data centers, adding an additional 10 financial ecosystems to the BT Radianz global footprint, across North America, EMEA and Asia Pacific.
Tom Regent, president, Global Banking & Financial Markets and Sales & Marketing, BT Global Services, said, “Equinix is a natural choice for BT to offer BT Radianz Venue. Customers at Equinix’s global data centers can now benefit from BT’s award-winning managed hosting and proximity services along with access to the BT Radianz Cloud, the world’s largest networked financial community, and the option of interconnectivity to and between worldwide trading venues. This agreement further expands the footprint of our BT Radianz Cloud portfolio and continues to build our reputation as a pioneer and market leader in creating solutions specifically developed for the financial services industry.”
“In order to scale presence across global markets, financial firms are positioning trading infrastructure inside Equinix’s global IBX data centers,” says John Knuff, general manager, Global Financial Services at Equinix. “These dense interconnection points are critical to the global trading community, providing an environment where shared infrastructure, super-fast connections, reduced total cost of ownership, connectivity costs and a wide range of choices form a new industry backbone for service delivery, prospecting and innovation.”
BT Radianz Venue is comprised of three services now offered inside Equinix data centers that are specifically designed to help customers address the challenges of liquidity, fragmentation and new trading opportunities, while enhancing trade execution performance. These services include:
BT Radianz Venue Access: for connectivity to the BT Radianz Cloud from 40 global non-BT data centers, including Equinix venues.
BT Radianz Venue Presence: an extension of the BT Radianz Proximity hosting proposition which allows BT to manage a client’s server and connectivity infrastructure hosted in third-party venues, such as Equinix data centers.
BT Radianz Venue Interconnect: a new service from BT that offers the lowest optimal latency between trading venues within the same city and between different cities, globally.
BT is one of the world’s leading providers of communications services and solutions, serving customers in more than 170 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to its customers for use at home, at work and on the move; broadband and internet products and services and converged fixed/mobile products and services. BT consists principally of four lines of business: BT Global Services, BT Retail, BT Wholesale and Openreach.
In the year ended 31 March 2011, BT Group’s revenue was £20,076m with profit before taxation of £1,717m.
British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York.
For more information, visit www.btplc.com
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. http://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.