Q9 Networks, a Canadian colocation services provider with 14 data centers spanning three provinces, including Alberta, British Columbia and Ontario, has been selected by Aequitas Innovations Inc. to provide high-availability colocation 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.
Q9 is providing Aequitas with a dual data center colocation solution in geographically diverse Q9 data center facilities, including secure physical space, redundant power and managed bandwidth services.
Due diligence
“High reliability is absolutely critical for our new exchange,” said Karl Ottywill, Chief Operating Officer, Aequitas. “After conducting extensive due diligence, we determined that Q9’s data centers 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.”
Founded in 1995, Q9 Networks 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.
