Colt expands financial extranet in APAC

Network and communications service provider Colt has expanded its Colt PrizmNet financial extranet by connecting to Equinix‘s IBX data centers in Hong Kong and Singapore.

Colt said the deal with Equinix has allowed the company to double the size of its footprint in Hong Kong, by making it available to financial companies located close to local exchanges as well as those co-located at the HKEx data center.

The agreement will also allow Colt to interconnect with key foreign exchange (FX) trading centers in APAC and globally, including direct connectivity to the largest FX trading facility in Asia, Equinix’s TY3 data center in Tokyo.

“It is often challenging for traders in Asia to connect to the region’s scattered liquidity centres, particularly its FX markets,” Colt head of solution sales for capital markets Richard Man said.

“By expanding the availability of Colt PrizmNet in Hong Kong and Singapore to customers hosted in Equinix IBX data centres in each city, we are able to provide an even more flexible and cost-effective solution.”

Colt also connects to key Equinix data centers across Europe and the US, including London, New York, Frankfurt and Zurich. The company operates its own network of 34 data centers across Europe and Asia.