About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Telx’s NJR3 Data Centre Opens Today!

Subscribe to our newsletter

Located in Clifton, NJ, Telx’s new 215,000 square foot data centre – dubbed NJR3 – is having its grand opening today.

Under construction since 2011 and built at a cost of $200 million, the three story LEED designed NJR3 features 100,000 square feet of usable “white space” for customer equipment, 24,000 kW of power, diversely fed from the grid, 16,200 kW of UPS and 27,000 kW from generators.

The Clifton location – which is Telx’s 19th data centre – is ideal for connectivity into financial markets, being on a direct path between, and equidistant to, NYSE Euronext’s Mahwah, NJ and Nasdaq OMX’s Carteret, NJ facilities, and with fibre connectivity into data centres operated by Equinix and Savvis.

According to data centre consultant Eric Thelen, managing director at DJS Group, NJR3 is “a perfect solution for combining arbitrage trading strategies and production data centres at significantly less cost than competing data centres in the area.” He characterises NJR3 as “a benchmark for how other facilities will be built moving forward.”

Says Telx’s head of financial services Shawn Kaplan, NJR3’s white space will be brought into operation in six phases, according to customer demand. Kaplan says that the first phase is ready for equipment installation now, and that contracts have been signed with early customers.

Also, adds Kaplan, the location of the building – around 12 miles inland from Manhattan and outside the 500 year flood plain – makes it attractive to firms that value continuity in the wake of events like Hurricane Sandy.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Optimising cloud, marketplaces & managed data services

Financial institutions are under mounting pressure to rethink how they source, manage and distribute market data. Rising data volumes, multi-cloud adoption and the operational demands of regulations such as DORA are exposing the limits of legacy infrastructure, and driving firms toward managed services and cloud-native delivery models that can offer greater scalability, resilience and cost...

BLOG

Is Speed Still the Point of a Low Latency Stack?

Latency has been on the capital markets agenda for more than two decades, and for most of that history the proposition was simple: go faster, win more. A panel at A-Team Group’s recent ExchangeTech Summit London, titled “Building the Ultimate Low Latency Highway: Execution Gateways, Order Routing and Ensuring Near Zero Jitter and Determinism”, spent...

EVENT

RegTech Summit London

Now in its 10th year, RegTech Summit London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to innovate the compliance function and response.

GUIDE

Pricing and Valuations

This special report accompanies a webinar we held a webinar on the popular topic of Pricing and Valuations, discussing issues such as transparency of pricing and how to ensure data quality. You can register here to get immediate access to the Special Report.