ABN AMRO Clearing (AAC), a global securities services firm, has partnered with data centre operator Equinix to offer clients faster multi-asset, multi-venue connectivity.
The partnership means AAC, which covers 85 exchanges globally and clears 16 million trades per day, can support trading customers in Hong Kong, Sydney, Tokyo and Singapore with Equinix’s data centre network.
The offering, dubbed Platform Equinix, lets AAC clients leverage the firm’s exchange memberships and infrastructure and better manage counterparty performance through reference data dissemination.
“We will help AAC acquire new customers across the region by easing clearance processes that drive effective trading and clearing,” said David Wilkinson, senior director, business development for Equinix in Asia-Pacific.
He added that clients are continuing their pursuit of aggressive expansion into Asia with complex strategies which span multiple asset classes, trading venues and geographies.
“In addition to market access, counterparty and service provider access is key to staying ahead of the curve,” said Wilkinson. “Such access will typically include real-time market, reference and sentiment data for trade decisions, independent software vendor access for operational services and support and network access for offsite order flow.”
Equinix has 11 data centers across five key markets in Asia-Pacific that serve 900 customers in the region, including Activ Financial, IPC, Chi-X Global and Hong Kong Mercantile Exchange.