Data center services provider Equinix said Thursday it has launched an $80 million expansion NY4 International Business Exchange (IBX) data center.

“The demand for our data center services in this metropolitan area, particularly in the financial sector, has increased significantly over the last few quarters,” said Pete Ferris, president of Equinix North America. “New York is not only the hub of the North American financial market, but is an important component of the world’s financial ecosystem. Our IBX data centers are built for this demanding set of high availability transaction engines, offering the ability to satisfy local demand while scaling data services to bridge to a global audience.”

The NY4 IBX data center, located 11 miles from downtown Manhattan and one of Equinix’s eight IBX data centers in the area.

Developed specifically to solve the performance challenges inherent to the transaction-intense nature of the global banking and trading communities, Equinix IBX data centers enable financial institutions to architect high-performance infrastructures, according to the company. The phase three expansion of the NY4 IBX data center offers new colocation and interconnection opportunities for existing customers and scalable platform for new customers.

 

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