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SOURCE Q9 Networks Inc.
TORONTO, June 9, 2014 /PRNewswire/ - Q9 Networks is pleased to announce that it has been selected by Aequitas Innovations Inc. to provide high availability hosting services for its new Canadian stock exchange – the Aequitas Neo Exchange. Q9 will host Aequitas' production, test and disaster recovery infrastructure.
The Aequitas Neo Exchange is being built to address trading and capital raising issues in Canada's capital markets. To complement this new exchange, Aequitas is also building a new private markets platform focused on capital raising and liquidity for small and mid-sized issuers. Aequitas is expected to begin offering services during the first half of 2015.
Under the terms of the contract Aequitas signed with Bell Business Markets, Bell partner Q9 is providing Aequitas with a dual data centre hosting solution in geographically diverse Q9 facilities, including secure physical space, redundant power and managed bandwidth services.
"High reliability is absolutely critical for our new exchange," says Karl Ottywill, Chief Operating Officer, Aequitas. "After conducting extensive due diligence, we determined that Q9's data centres are best able to meet our requirements. Hosting our trading platform infrastructure at Q9 will allow us to focus on building innovative solutions that create choice and competition and enhance market fairness."
Q9 designs, builds and operates its data centres to meet the most demanding IT infrastructure requirements, including the increased power and cooling demands of today's high density computing devices. Customer equipment and data centre environmental parameters are monitored 7x24 by Q9's Control Centre, staffed by experts versed in all aspects of IT and facilities management.
"We are pleased to have been selected by Aequitas for its new Canadian exchange," says Rick Morton, Senior Vice President, Product Engineering, Q9 Networks. "We have a long and extensive track record providing services to North American financial services organizations. The security and reliability of our data centres are well known in the industry. With this announcement, we further extend our reputation as the data centre provider of choice to leading financial enterprises."
About Aequitas Innovations Inc.
Aequitas Innovations Inc. was founded by a diverse group of Canadian corporations, representing all market participants, working together to create the new user-focused Aequitas Neo Exchange and a private securities platform. Aequitas investors and commercial partners include: Barclays Corporation Limited; BCE Inc.; CI Investments Inc.; IGM Financial Inc.; ITG Canada Corp.; OMERS Capital Markets; PSP Public Markets Inc.; and RBC Dominion Securities Inc. For more information, please visit www.aequitasinnovations.com.
About Q9 Networks:
Q9 Networks Inc. is Canada's leading provider of outsourced data centre infrastructure for organizations with mission-critical IT operations. Q9's national footprint of 14 high-availability data centres spans three provinces, including Alberta, British Columbia and Ontario and serves customers in both the public and private sectors. Q9 is owned by an investor group comprising Canada's largest communication company, BCE Inc., and some of the largest and most experienced North American pension and private equity funds, including: Ontario Teachers' Pension Plan, Providence Equity Partners and Madison Dearborn Partners LLC.
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