{"id":565,"date":"2014-03-27T22:46:23","date_gmt":"2014-03-27T22:46:23","guid":{"rendered":"http:\/\/www.symphonytg.com\/?p=565"},"modified":"2014-03-27T22:46:23","modified_gmt":"2014-03-27T22:46:23","slug":"coreone-technologies-selects-equinix-to-support-asia-pacific-expansion","status":"publish","type":"post","link":"https:\/\/stg.com\/news\/coreone-technologies-selects-equinix-to-support-asia-pacific-expansion\/","title":{"rendered":"CoreOne Technologies Selects Equinix to Support Asia-Pacific Expansion"},"content":{"rendered":"

CoreOne Technologies<\/a>, the global leading provider of financial data aggregation, management and distribution solutions, today announced they have deployed with\u00a0Equinix,Inc<\/a>. (Nasdaq: EQIX), in one of its\u00a0International Business Exchange<\/a>TM<\/sup>\u00a0(IBX\u00ae) data centers in Singapore (SG2). The deployment will enable CoreOne Technologies to offer its VistaOne information management and reporting platforms to its growing international customer base in Asia-Pacific.<\/p>\n

\nVistaOne, a subsidiary of CoreOne Technologies, delivers a leading financial platform that securely connects data from complex enterprise systemsfor the world\u2019s leading fund administrators, prime brokers, hedge funds, investment banks, insurers, asset and wealth managers. The deployment in Singapore serves as the second phase of CoreOne Technologies expansion strategy,which follows implementations in Equinix\u2019s London, Secaucus and Chicago datacenters.<\/p>\n

\nHighlights \/ Key Facts<\/strong><\/p>\n

\nThere is an increasing requirement for asset managers to implement more information control and a general overview of their infrastructure across the Asia-Pacific region. According to a KPMG report on regulation driving business change, banks in the region face major challenges around data management, including the need to hold and use the right data to get much closer to their customers and the ability to meet the wide-ranging and significant increases in demands from regulators and others for reporting and disclosures.<\/p>\n

\nIn a recent survey of asset management executives, 59% of participants acknowledged that their firms need to improve capabilities related to data aggregation process with the key gaps being attributed to a lack of data integration and workflow management across sources.\u00a0 The VistaOne platform was designed to provide an independent repository and distribution framework to address these issues at global asset managers and their service providers.<\/p>\n

\nCoreOne Technologies selected Equinix for its proven experience working across multiple markets and its ability to adhere to local information security requirements such as the Monetary Authority of Singapore (MAS) \/ Internet Banking and Technology Risk Management (IBTRM) standard. As a result, CoreOne Technologies to meet regulatory requirements and bridge the gap between asset managers, regulators and the financial communities in the Asia-Pacific region.<\/p>\n

\nWith\u00a0Platform Equinix<\/a>TM<\/sup>, CoreOne Technologies has access to a secure, power-dense, high availability and high connectivity data center environment to build a virtualized environment to handle core internal operations and deliver data management products and services to the securities industries in Asia-Pacific.<\/p>\n

\nIn SG2, as in London, Secaucus and Chicago, CoreOne Technologies benefits from an agile and flexible infrastructure needed to deliver high performing solutions online and withstand customer data spikes.<\/p>\n

\nDirect access to more than 975 network providers and the ability to interconnect with more than 4,500 companies also using Platform Equinix, enables CoreOne Technologies to efficiently serve its 300 different licensing entities around the world, and 150 websites accessing the VistaOne platform.<\/p>\n

\nEquinix\u2019s\u00a0global data center footprint<\/a>\u00a0of 100 facilities in 32 strategic markets also provides CoreOne Technologies with the ability to scale its services cost effectively into additional Asia-Pacific markets, when it needs to.<\/p>\n

\nQuotes<\/strong><\/p>\n

\nIshan Manaktala<\/a>, Managing Director and Global Head of VistaOne:<\/p>\n

\n\u201cLaunching from the Equinix IBX data center in Singapore, positions CoreOne Technologies to provide our existing global client base with consistent performance across markets, as well as bring cost effective infrastructure options to new clients within the region. As a global solution provider it\u2019s critical that we leverage providers who have both the global connectivity and mature infrastructure capable of keeping pace with our growing client base, and Equinix consistently delivers both the global reach and stability our customers require.\u201d<\/p>\n

\nClement Goh<\/a>, managing director, Equinix South Asia:<\/p>\n

\n“This strategic deployment will provide CoreOne Technologies with industry-leading colocation services, the broadest interconnection options to the world’s top networks and access to an increasing number of large enterprises to accelerate growth and the delivery of its services to additional users overseas.”<\/p>\n

\nBrian Rooney<\/a>, Senior Vice President, Asia-Pacific of CoreOne Technologies:<\/p>\n

\n\u201cThe deployment in Equinix\u2019s data centers is a critical investment that will enable CoreOne Technologies to extend our Prime Brokerage and Fund Administration platforms into this region. Equinix provides an agile and flexible architecture that allows us to remain competitive in this dynamic market\u201d<\/p>\n

\nAbout CoreOne Technologies<\/strong><\/p>\n

\nCoreOne Technologies is the global leading provider of financial data creation, aggregation, management and distribution services and solutions. Used in the front, middle and back office by the world\u2019s leading Asset Managers, Wealth Managers, Fund Administrators, Prime Brokers, Hedge Funds, Investment Banks and Insurers. CoreOne Technologies is the parent company of VistaOne Solutions, DeltaOne Solutions and PrimeOne Solutions.<\/p>\n","protected":false},"excerpt":{"rendered":"

CoreOne Technologies, the global leading provider of financial data aggregation, management and distribution solutions, today announced they have deployed with\u00a0Equinix,Inc. (Nasdaq: EQIX), in one of its\u00a0International Business ExchangeTM\u00a0(IBX\u00ae) data centers in Singapore (SG2). The deployment will enable CoreOne Technologies to offer its VistaOne information management and reporting platforms to its growing international customer base in…<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"node_moved":[],"footnotes":""},"categories":[5],"tags":[],"company":[],"class_list":["post-565","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"\nCoreOne Technologies Selects Equinix to Support Asia-Pacific Expansion - STG<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/stg.com\/news\/coreone-technologies-selects-equinix-to-support-asia-pacific-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CoreOne Technologies Selects Equinix to Support Asia-Pacific Expansion - STG\" \/>\n<meta property=\"og:description\" content=\"CoreOne Technologies, the global leading provider of financial data aggregation, management and distribution solutions, today announced they have deployed with\u00a0Equinix,Inc. 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