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Equinix Inc (NASDAQ:EQIX) has just announced the opening of its new data center in Tokyo, with the $43 million facility being tailor-made to provide financial services firms, cloud and content providers with data center and interconnection services.
The latest International Business Exchange (IBX) data center in Tokyo, known as TY5, will support demand from local and global enterprises.
The lineup of Equinix customers in Japan already includes some of the country’s largest companies. More than 60 financial services firms, including multiple FX matching engines such as ICAP plc (LON:IAP), FXCM, Fastmatch and LMAX, are now connecting to Equinix’s financial ecosystem of existing and potential customers and partners. Thanks to the official launch of TY5, Equinix expects the number of enterprises in the region signing up to access its rich ecosystem to grow further.
The launch of the TY5 IBX data center follows the recently completed acquisition of Bit-isle – which increased Equinix’s footprint in the country more than twofold. According to research by Forrester, the data center market in Japan is set to reach $14.2 billion in 2016.
TY5 will provide a total capacity of 725 cabinets with 350 available immediately and a further 375 in the second phase of development. With 54,663 square feet of space, TY5 is located in a single tenant facility for improved design and physical security, with 24x7x365 security officers and CCTV.
Located near the existing TY3 IBX data center as well as Tokyo’s financial district, TY5 is also very close to the Japan Exchange and Tokyo Commodity Exchange. Proximity to these exchanges allows TY5 to provide financial services companies with reliable, low-latency connectivity to key financial institutions and business partners, enhancing speed of trading and accelerating business outcomes. TY3 and TY5 will be considered within the same campus with dark optical fiber connecting the two IBX data centers.
Samuel Lee, president, Equinix Asia-Pacific, comments,
“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.”
You can view the full announcement from Equinix by clicking here.
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