Equinix Selected by MarkitSERV for Credit Centre

  Equinix Selected by MarkitSERV for Credit Centre

   Post-trade processing leader joins financial ecosystems in New York and
                               Chicago campuses

Business Wire

REDWOOD CITY, Calif. -- June 26, 2013

Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center
company, today announced that MarkitSERV, the most widely used electronic
trade processing service for over-the counter (OTC) derivative transactions,
deployed its Credit Centre in Equinix International Business Exchange^™
(IBX^®) data centers in New York and Chicago.

Home to more than 100 exchanges and trading platforms, Equinix enables direct
access between MarkitSERV and the broad ecosystem of major players and
newcomers to the OTC market already inside Equinix, including a wide range of
suppliers, customers and partners.

Highlights / Key Facts

  *Since the Dodd-Frank Act was enacted in 2010, OTC derivatives transactions
    have been moving to electronic and hybrid execution platforms. MarkitSERV
    chose to deploy infrastructure inside Equinix to better serve market
    participants by providing a simplified, efficient access structure to
    deliver their best of breed services.
  *Optimal local area and wide area connectivity inside Equinix allow a low
    barrier to entry for pre- and post-trade service providers such as
    MarkitSERV. Financial services companies can simply “plug in” to the wide
    range of ecosystem participants and get their business up and running
    immediately.
  *MarkitSERV Credit Centre is a centralized, ultra-low-latency, pre-trade
    credit checking system that links traders to trading venues,
    clearinghouses and futures commission merchants in the OTC derivative
    markets. By enabling execution venues to check credit lines before prices
    are displayed and orders executed, Credit Centre eliminates the risk that
    trades may fail at the clearinghouse due to insufficient credit.
  *MarkitSERV provides a single gateway for OTC derivative transaction
    processing globally. The solution helps reduce operational risk,
    streamline processing, and improve the safety and certainty of the OTC
    derivatives markets by simplifying and automating trade processing across
    all major asset classes, including credit, interest rate, equity and FX.
  *More than 100 dealers, 70 inter-dealer brokers and 2,500 buy-side
    institutions are connected to MarkitSERV services, which handled in excess
    of 20 million confirmations in the last year.

Quotes

  *Stewart Orrell, managing director, Global Financial Services, Equinix:
    “We are delighted to have MarktSERV join the growing ecosystem inside
    Equinix. By deploying their critical infrastructure among the existing
    trading ecosystems in New York and Chicago, MarkitSERV is now
    strategically positioned to directly connect to a wide range of endpoints
    in the emerging OTC ecosystem and more efficiently serve client
    requirements.”

About MarkitSERV

MarkitSERV provides a single gateway for OTC derivatives trade processing. By
integrating trade confirmation, reporting, routing to clearing, allocations
and portfolio reconciliation, MarkitSERV provides an end-to-end solution for
post-trade transaction management of credit, interest rate, equity and foreign
exchange derivatives. MarkitSERV connects dealers and buy-side institutions to
central clearing counterparties, trade repositories and electronic swap
markets. For more information, please see www.markitserv.com.

About Equinix

Equinix, Inc. (Nasdaq: EQIX), connects more than 4,000 companies directly to
their customers and partners inside the world’s most networked data centers.
Today, businesses leverage the Equinix interconnection platform in 31
strategic markets across the Americas, EMEA and Asia-Pacific. www.equinix.com.

Forward Looking Statements

This press release contains forward-looking statements that involve risks and
uncertainties. Actual results may differ materially from expectations
discussed in such forward-looking statements. Factors that might cause such
differences include, but are not limited to, the challenges of acquiring,
operating and constructing IBX centers and developing, deploying and
delivering Equinix services; unanticipated costs or difficulties relating to
the integration of companies we have acquired or will acquire into Equinix; a
failure to receive significant revenue from customers in recently built out or
acquired data centers; failure to complete any financing arrangements
contemplated from time to time; competition from existing and new competitors;
the ability to generate sufficient cash flow or otherwise obtain funds to
repay new or outstanding indebtedness; the loss or decline in business from
our key customers; and other risks described from time to time in Equinix’s
filings with the Securities and Exchange Commission. In particular, see
Equinix’s recent quarterly and annual reports filed with the Securities and
Exchange Commission, copies of which are available upon request from Equinix.
Equinix does not assume any obligation to update the forward-looking
information contained in this press release.

Equinix and IBX are registered trademarks of Equinix, Inc.
International Business Exchange is a trademark of Equinix, Inc.

Contact:

Equinix, Inc.
Melissa Neumann, +1 650-598-6098
mneumann@equinix.com
or
GolinHarris for Equinix, Inc.
Liam Rose, +1 415-318-4380
lrose@golinharris.com
 
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