Equinix, Inc. (Nasdaq: EQIX) has opened its newest International Business Exchange data center in Tokyo, known as TY5. The $43 million worth facility is currently the latest among the company’s 145 data centers in 40 markets around the world.
TY5 opening is a part of company’s global expansion planned in 2016, also including launch of new IBX data centers in Dallas, São Paulo and Sydney. Together with the recent acquisition of Bit-isle in Japan, Equinix doubled its presence in the country. This is no surprise, as presently Japan is one of the largest retail forex broker markets in terms of trading volumes.
Actually, Equinix clients in Japan already include some of the country’s biggest firms, connected to its well-established financial ecosystem: multiple FX matching engines like ICAP, FXCM, Fastmatch and LMAX. After the official launch of TY5, the company expects yet more financial services providers to sign up to access its enhanced interconnection system.
According to a research carried out by Forrester, the data center market in Japan is expected to hit $14.2 billion in 2016. Equinix’s TY5 data center will help the firm meet these demands and also to strengthen its position as the largest global interconnection and data center company.
Situated close to the existing TY3 IBX data center, as well as to Tokyo’s financial district, TY5 is also near the Japan Exchange and Tokyo Commodity Exchange. This strategic location enables TY5 to provide forex brokerages and other financial service providers with reliable, low-latency connectivity to key financial institutions and business partners.
“Equinix continues to invest in our global interconnection platform which is now available in 40 markets to meet the changing IT needs of businesses around the world. TY5 represents a landmark development for Equinix in Japan, as well as a catalyst that will further accelerate the financial services industry across the entire APAC region.” – commented Samuel Lee, president of Equinix Asia-Pacific, on the new TY5 data center.
Equinix, Inc. is a US public corporation which provides state-of-the-art data centers and internet exchanges to enable interconnection between leading companies and their customers, employees and partners worldwide.