July 20, 2007
Yipes Expands its Network to IXEurope's Collocation Facility to Provide Ultra-Low-Latency Access to Financial Trading Platforms in Frankfurt
IXEurope's Customers Have Direct Access to More than 350 Exchanges, Trading Platforms, Brokerages and Traders on the Yipes FinancialConnect! Network
Yipes Enterprise Services, Inc., the leading global provider of managed Ethernet services, announced that it is expanding its network by adding a point of presence (POP) at IXEurope Plc's collocation facility in Frankfurt. IXEurope is one of Europe's largest and fastest growing datacenter services companies, operating 14 mission-critical IXDatacentres™ in four countries.
Yipes customers will have access to the exchanges and trading platforms within the IXEurope datacenter via the IXEurope Financial Exchange (IXFX™), an interconnection and exchange platform within IXDatacentres. IXEurope customers will have direct access to the Yipes global Ethernet network and the Yipes FinancialConnect! platform, the first Ethernet-based financial Extranet for electronic trading. Yipes FinancialConnect!, backed by service level guarantees to support low-latency trading, links more than 350 exchanges, trading platforms, brokerages and traders.
Yipes' full POP facility within the Frankfurt IXDatacentre enables IXFX customers to execute financial transactions with a minimum of latency, an optimum solution for firms looking to deliver “best execution” trading under the Europe-wide Markets in Financial Instruments Directive (MiFID) initiative and algorithmic trading. IXEurope also offers data center and business continuity services to other vertical markets, such as, legal, on-line gaming, hosting, and insurance.
“Yipes brings to the IXFX community in Frankfurt, including Deutsche Boerse Systems, the best connectivity to the U.S.,” said Guy Willner, chief executive officer at IXEurope. “Working with Yipes gives IXEurope leverage into financial markets in both the U.S. and Europe”.
“Our agreement with IXEurope furthers our global strategy to establish Yipes as an application service provider in Europe, particularly in the financial market,” said John Scanlon, chief executive officer at Yipes. “Frankfurt is at the crossroads of Europe, making it an excellent place to facilitate high-speed Ethernet communications throughout the region. And because our POP is a neutral facility with great diversity, we can offer communications services to any market.”
IXEurope is one of Europe's fastest growing providers of datacentre services. Its principal activities include primary datacentre services, connectivity services and business continuity solutions.
IXEurope works with enterprise and Internet customers to provide resilient datacentre infrastructure to house their IT systems far more cost-effectively than through in-house provision. The benefits include optimised IT performance, improved systems availability and reduced corporate risk through improved regulatory compliance. By continually focusing on quality, IXEurope also gives clients exceptional service levels and on-site access to a high level of technical expertise.
With award winning datacentre facilities in key European cities, broad technology expertise and a proven track record, IXEurope provides solutions that give customers the confidence that their operations are protected. The Company is ISO 9001:2000 certified and has over 450 customers in the enterprise, Internet and networking markets including Merrill Lynch, Deutsche Boerse, Citigroup, Rackspace and SurfControl.
IXEurope is listed on the London Stock Exchange Alternative Investment Market.
About Yipes Enterprise Services, Inc.
Yipes is the leading provider of managed Ethernet and application delivery services for the global enterprise. Yipes' custom data-networking solutions empower businesses by delivering high performance, dynamic control, unmatched service quality, and rapid ROI. Enterprise customers worldwide take advantage of Yipes' managed Ethernet services because they are easier to implement and manage than other services. Yipes' specialized offerings and obsession with customer satisfaction ensure that the company delivers the best quality experience. More than 900 enterprise customers worldwide rely on Yipes' high-performance managed services to improve their competitive advantage. For more information, visit www.yipes.com.