As Dublin’s financial industry continues to thrive with the growth of fintech, banking and cryptocurrencies, Avelacom is launching its latest point of presence (PoP) in Dublin to meet the growing demand in the Irish market.
Dublin, February 26, 2019 – Avelacom, the high-performance global connectivity and IT solutions provider for the financial services industry, today announced that it has selected INTERXION HOLDING NV (NYSE:INXN), a leading European provider of carrier and cloud-neutral colocation data centre services, as its data centre partner of choice in Ireland.
As Dublin’s financial industry continues to thrive with the growth of fintech, banking and cryptocurrencies, Avelacom is launching its latest point of presence (PoP) in Dublin to meet the growing demand in the Irish market. This growth is driven by new cryptocurrency trading platforms based in Dublin, international financial services expanding their services in Ireland and Ireland’s growing economy. To support this expansion Avelacom is working with Interxion to extend its low latency network to Dublin.
In choosing a partner to expand within Dublin, Interxion’s international and local experience in the financial industry was a key deciding factor. The communities of interest which Interxion has built in Dublin and across Europe, along with Avelacom’s established partnership with Interxion in London and Marseille contributed to Avelacom’s choice.
Speaking about the partnership, Aleksey Larichev, CEO of Avelacom said, “The most innovative financial firms around the world need to access Dublin because of its growing cryptocurrency trading platforms. At the same time more, established financial services companies including banks are increasing or establishing a presence in Dublin. For Avelacom, we work with clients across these industries. Avelacom’s DWDM backbone network is built specifically to serve financial services clients enabling them to transmit real-time data globally and ensuring 99.99% uptime at the same time. As we make this expansion having a partner in Interxion who we can trust and work closely with is incredibly important for us in this new market.”
Daniel Rosario, Business Development Manager at Interxion said: “Ireland’s financial industry is thriving as a result of Ireland’s expanding fintech companies and cryptocurrency industry and we see no slowdown in this. The carrier communities of interest which we’ve established here in Dublin and across Europe in the financial sector is of significant benefit to those we work with. It’s because of this and our longstanding relationship with Avelacom that we are delighted to be partnering with them in their move to Dublin. We have no doubt that this sector will continue to thrive in the months and years to come.”