Digital infrastructure company Equinix, Inc. (NASDAQ:EQIX) has entered into a multi-year partnership with Nasdaq, Inc. (NASDAQ:NDAQ) to scale the Equinix NY11 data center in Carteret, New Jersey to support the build out of Nasdaq’s cloud infrastructure.
Tal Cohen, Executive Vice President, Head of North American Markets at Nasdaq, comments:
“Our goal with this hybrid infrastructure is to provide new services and products for our clients with added flexibility and low latency, including virtual connectivity services, market analytics, risk tools and machine learning.”
For more than 13 years, Nasdaq has leveraged Platform Equinix® to support its extensive customer and vendor ecosystem across the world, enabling low latency access for workflows that support the full trade lifecycle including price discovery and analytics in addition to other pre- and post-trade tools. The expanded commitment with Equinix will bring Nasdaq one step closer to moving its markets to the cloud.
Today Equinix offers Nasdaq a robust, interconnected platform and allows for the direct and secure exchange of data between Nasdaq and its ecosystem partners. The agreement will further enable Nasdaq to address current and future infrastructure requirements while accelerating its cloud transformation at a global scale.
“The evolution of digital infrastructure in financial services has led to immense opportunities for our customers to grow, scale, and transform,” said Jon Lin, Equinix President, Americas. “We are committed to Nasdaq, as it leverages our robust financial ecosystem to transform its industry over the next decade and beyond.”
Nasdaq’s current and planned future deployments across Equinix International Business Exchange™ (IBX®) data centers include Canada, the U.S., Europe, and Asia-Pacific, with additional expansions anticipated over the next several years.