Colocation data centre service provider Interxion this week announced the planned October launch of LON-3, the latest addition to its central London campus, with an event at London’s City Hall on July 11.
Interxion’s Brick Lane data centre is already home to a number of electronic execution venues, including Instinet’s BlockMatch, the London Metal Exchange’s (LME) primary matching engine and pioneering multilateral trading facility (MTF) Equiduct, as well as a range of supporting service providers. As such, and with a central London location, Interxion has positioned itself as a strong candidate for hosting firms affected by MiFID II.
The addition of LON-3 provides Interxion with the capacity to add more clients as the European marketplace embraces the new execution venue environment established under MiFID II, with four categories of venue: Regulated Markets (RMs), MTFs, organised trading facilities (OTFs) and an expanding number of systematic internalisers (SIs) as the new SI regime comes into force September 1.
The expansion of Interxion’s Brick Lane facility represents a vote of confidence of sorts in London as a financial centre post-Brexit. Indeed, managing director Andrew Fray kicked off the evening with an explanation of London’s importance as a global data hub.
“Why London? It is the leading location, as one of the top three most connected points on the planet, and is on its way to becoming a leading Smart City. We have the infrastructure to support business growth and to bring London one step closer to becoming a Smart City by 2020.”
Bray was followed by Interxion CEO David Ruberg, who stressed the importance of creating spaces where businesses can connect for mutual commercial benefit. Further speakers included Interxion Chief Digital Officer Theo Blackwell, TechUK Associate Director Emma Fryer, and London Tech Advocates Founder Russ Shaw.
With an official launch date scheduled for October, the new location offers 1,800m2 of data centre space and access to over 90 carriers, eight major CDNs and private network access to Azure, AWS and CityCloud via Cloud Connect. It has five layers of physical security, two internet exchanges (LONAP and the LINX Core Node) and BT’s IP network located onsite, along with 13MVA of power and 99.999% power uptime SLA.