SOURCE: telx

Telx

October 22, 2012 09:00 ET

Sky Road Expands Financial Cloud Service Offerings Through Partnership With Telx

Cloud Based Financial Applications Provider Leverages Telx for Colocation Services in Downtown Chicago to Offer Secure, Direct Access to Its Innovative Cloud Based Swap Trader Program

NEW YORK, NY--(Marketwire - Oct 22, 2012) - Telx®, a leading provider of global interconnectivity, cloud enablement services and datacenter solutions, today announced that Sky Road, a leading cloud-based financial application provider has leveraged Telx's reliable, secure cloud connection center, "CHI1," at 350 East Cermak Road, Chicago, Illinois, providing Sky Road with access to Telx's extensive Financial Services community. As a colocation and interconnection client in Telx's strategically located data center in downtown Chicago, Sky Road can now offer Telx's financial community with reliable and high-performance connectivity to Swap Trader, its cloud based solution for comprehensive trading services.

"As the swaps market evolved, we realized we needed a data center partner that could provide secure and high-performance connectivity to our clients," said John Borse, CEO of Sky Road. "Telx was able to offer us access to our clients via fiber cross-connects rather than more complex and costly alternatives." 

"We are excited to have Sky Road join the Telx financial ecosystem in our CHI1 facility. Sky Road is uniquely positioned to provide services to guide buy-side participants through the rapidly changing OTC Derivatives reform," said Shawn Kaplan, General Manager of Financial Services for Telx. "We have seen many trading systems turn to Telx because of our proximity to the clearing venues, swaps execution facilities, and buy-side participants. We are confident Sky Road will find significant value connecting with the financial institutions in our ecosystem."

Telx's CHI1 facility, located in the South Loop of the Chicago Central Business District, provides customers with the financial eco-system at 350 Cermak, one of the leading financial eco-systems in the world. As the operators of the MeetMe room, and one of the largest hosting providers at the CHI1 facility at 350 Cermak, Telx is uniquely positioned to respond to the hosting and connectivity requirements of this fast growing trading system provider.

Telx and Sky Road will be an exhibiting at the 28th annual Future and Options Expo, FIA: EXPO 2012, Telx Booth #510 and Sky Road Booth #905, October 30th-November 1st in Chicago, Illinois. Click here for more information.

About Sky Road
Sky Road provides innovative cloud-based solutions to the financial services industry. Since the company's inception in 2005, Sky Road has continued to break new ground in developing hosted trading applications for clients ranging from startup hedge funds to large multi-strategy asset managers. Sky Road's suite of cloud-based trading applications are powered by their Sky Road Motion platform, enabling firms to rapidly deploy and customize solutions according to evolving needs. Sky Road empowers their clients with a seamless and extensible role-based user interface fueled by comprehensive market data and analytics engines. Sky Road Motion clients are connected to a vast and growing network of leading market data providers, trading partners, and electronic marketplaces.

About Telx
Telx is a leading provider of interconnection and data center services in strategic, high-demand North American markets. With 17 premier C3 Cloud Connection Centers by Telx (SM), Telx increases speed to market and reduces connectivity costs by providing direct connections to a community of the industry's highest performance networks and access to 1,000+ customers, including leading telecommunications carriers, ISPs, cloud providers, content providers and enterprises. Telx is a privately held company headquartered in New York City with five facilities in the New York Metro area, two facilities in Chicago, two facilities in Dallas, four facilities in California, (Los Angeles, San Francisco, and two in Santa Clara) and facilities in Atlanta, Miami, Phoenix and Charlotte, N.C. For more information about Telx, visit http://www.telx.com. Become a fan of Telx on Facebook at http://www.facebook.com/telxgroup. Interconnection. Data Centers. Community.™

Contact Information

  • Contact:

    David M. Baum
    Post+Beam, Public Relations for Telx
    +646.442.4316
    Baum@Post+Beam.is