In tandem with the launch, the company is also introducing MiFID II compliant Time Synchronisation
One of the leading aggregation and connectivity providers in the industry, PrimeXM has established a new presence in London’s Equinix LD6 data center. The move represents an expansion which the company is making to accommodate growing demand.
LD6 is physically positioned across from LD4 and the two data centers are interconnected by multiple path redundant dark fiber connections ensuring stable and reliable connectivity.
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“We have always provided the optimum, most flexible and reliable hosting and connectivity services with suites in the world’s most secure data centers,” commented the CEO of PrimeXM Cristian Vlasceanu.
In addition to expanding to a new data center, PrimeXM has announced that it will adhere to MiFID II requirements regarding regulatory technical standards. The company has also partnered with a leading network provider obtaining a turnkey time synchronization solution.
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The move enables PrimeXM’s XCore and Hosting clients to meet the requirements of MiFID II regulations in Europe without incurring additional costs.
PrimeXM provided its clients with an end-to-end service delivered by the company’s own team. In contrast to some other market players in the sector, the firm owns all of the infrastructure and manages it with a dedicated team.
The company has also recently upgraded its leased line between Equinix LD4 and Equinix TY3 which will continue to add value to its network infrastructure. According to data provided by PrimeXM, the XCore ecosystem and reducing communication time down to 155ms RTT.
Over almost a decade the award-winning company has been building connectivity bridges across the entire financial community with more than 300 leading financial institutions trusting PrimeXM to enhance their services. The new connectivity establishment allows the XCore community to further utilize PrimeXM’s low latency infrastructure.
The latest development is a testament to the stability and growth of PrimeXM as a technology provider and connectivity expert. The company is committed to innovation and excellence with its unique 99.999% uptime guarantee backed by a written SLA.
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