Published On: Wed, Mar 21st, 2012

ABN AMRO Clearing Helps Customers in Asia Reduce Operational Costs

Chris Lee, global head of market access, ABN AMRO Clearing

Chris Lee, global head of market access, ABN AMRO Clearing

Equinix, Inc., a provider of global data center services, announced March 21 that ABN AMRO Clearing (AAC), a leading global securities services provider which covers 85 exchanges worldwide andclears more than 16 million trades per day, has extended its data center network in Hong Kong, Sydney, Tokyo and Singapore to support its trading customers across Asia-Pacific. This will provide AAC’s customers with faster on-boarding and regional market entry, with multi-asset class and multi-venue connectivity.

With Platform Equinix, AAC’s customers will experience the direct benefits of access to an established, network- dense and highly secure financial services’ ecosystem, powered by high-connectivity and low latency. This enables AAC customers to leverage AAC’s exchange memberships, global network and infrastructure, as well as drive performance improvements among their counterparties through reference data and network services while reducing total costs of operation ― all of which are essential to a successful regional or global trading strategy.

“At ABN AMRO Clearing, our customers are our first priority, and we need service providers who can offer the ability to seamlessly enter and expand in multiple territories, and add value to our client base,” said Chris Lee, global head of market access, ABN AMRO Clearing. “Equinix is the perfect choice for us with its extensive reach in Asia-Pacific, and its track record of providing the highest quality services consistently through its global platform. We currently offer trading access, hosting and proximity across the globe covering multiple asset classes. This is delivered via our 26 global data center locations utilizing FIX and our vendor partners. Equinix is an integral part of that.”

“We are pleased to have ABN AMRO Clearing as the newest addition to our established financial ecosystem across Platform Equinix. With our high quality of security, service and high-speed connectivity across multiple markets, 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.

“As trading volumes in Asia continue to grow, customers with aggressive regional expansion plans continue to execute increasingly complex trading strategies that span multiple asset classes, venues and territories. In addition to market access, counterparty and service provider access is key to staying ahead of the curve. Such access will typically include real-time market, reference and sentiment data for trade decisions, ISV access for operational services and support and network access for offsite order flow,” said Wilkinson. “The Equinix Marketplace, which enables buyers to find and connect with more than 4,000 Equinix partners and customers, is well equipped to help AAC’s customers increase visibility and choice when selecting a best-in-class provider for timely market information that could enable effective clearance and trades.”

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