CASE STUDY

IEX Builds a New Class of Trading Venue Using a Range of Managed Data Center Services

IEX needed to build its data center, network and trading infrastructure from scratch to support their new trading platform. CenturyLink partnered with them to design a comprehensive, cost-effective solution housed under one roof so that IEX could get their product to market as fast as possible.

Faster Time-to-Market with Everything Under One Roof

Challenge
IEX was developing a brand new class of trading system and they needed it hosted in a highly available data center with fast, reliable connectivity to the financial services community. With the demanding requirements for stability and compliance in financial trading, IEX needed their own dedicated infrastructure. As a new business, IEX wanted to minimize capital expenditure, reserving capital to meet Escrow requirements instead of spending it on IT hardware. They needed a cost-effective solution with the flexibility to deal with rapid growth and spikes in demand.

Solution
While IEX focused on building the Alternative Trading System that powered their new business, CenturyLink went to work. They partnered with decision makers to design a platform for the IEX trading system that included colocation, managed hosting services (for servers and storage), remote hands support and both extranet and internet network services. Instead of having to contract separately, IES was able to get colocation with all the services they wanted and best-in-class technology under one roof.

Benefit

  • Rapid Time-to-Market and Efficient Use of Capital
  • Colocation with Internet and Extranet Services Under One Roof
  • Data Center Experts with Best Practices
  • High Levels of Availability Protected By Redundant Power Systems
  • Advanced Security and Up-to-Date Financial Compliance

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