NEW YORK, Aug. 26, 2014 (GLOBE NEWSWIRE) -- Liquid Holdings Group, Inc. (Nasdaq:LIQD), a provider of a single cloud-based platform that integrates real-time order, execution, and risk management with reporting and shadow NAV for the financial services community, today announced it has more than tripled its infrastructure footprint in Equinix data centers to provide its growing client base with optimized performance across their business. Equinix is a global interconnection and data center company that connects more than 4,500 companies directly to their customers and partners inside the world's most networked data centers.
Adding three and a half times the rack space in Equinix data centers in the U.S. ensures Liquid and its clients will continue to have the necessary scalability to add new users, portfolios, and trading strategies while running computationally-intensive analytics in real-time. This expansion also provides redundancy, enhanced security and significantly more capacity to establish connections with third parties including exchanges and brokers, allowing Liquid to become a more prominent gateway between the sell-side and its buy-side clients.
"Cloud technology adoption rates within the financial services industry, including hedge funds and other asset managers, have grown exponentially over the last 12 to 18 months. As this growth continues, our global data centers offer financial services firms the most secure, low-latency environment to connect to their counterparties and the global markets," said Stewart Orrell, managing director, Global Financial Services at Equinix. "We are excited that a first-mover technology firm like Liquid Holdings Group places its trust in Equinix to provide stability for the compelling cloud services they offer to the dynamic buy-side markets."
"Our expansion with Equinix allows us to operate more cost effectively from a technology stand point while offering our clients, no matter how small or large they are, the benefit of ultra-low latency services across their business," said Bruce Cooper, Chief Technology Officer at Liquid Holdings Group. "Equinix is the gold standard in networked data centers and our deepened relationship assures that financial services firms can rely on our cloud-based platform to manage their investments and operations in real-time, at all times and everywhere -- with no interruption or decline in connectivity, speed, or performance."
The Liquid platform is a smarter, simpler solution for fund managers – freeing up their time to manage investments by eliminating unnecessary and outdated infrastructure, and time-consuming middle-office processes. Unlike other solutions, the platform is purpose-built for alternative asset managers, powered by a proprietary cloud, and backed by managed services. Moving to a single, real-time environment across trading, portfolio and risk management, investor reporting, and shadow NAV helps managers drive better insights into portfolio performance while institutionalizing their businesses with repeatable, secure controls over disaster recovery, business continuity, data management, and broker reconciliations.
About Liquid Holdings Group
Liquid Holdings Group, Inc. (Nasdaq:LIQD) is a cloud-based technology and managed services provider to the global hedge fund and active trading markets. Liquid's solutions are delivered efficiently and securely through the cloud in a SaaS model. The Liquid platform was purpose built to manage the entire trade lifecycle by seamlessly integrating multi-currency, multi-asset trade order management and execution with real-time risk, portfolio management and shadow account reporting through a single solution. The Company offers the Liquid platform or any of its components on a subscription basis to hedge fund managers, asset managers, family offices and financial institutions worldwide. Liquid was recently named 2014 Best Global Risk Management Software Company and Best USA Global Risk Management Software Company by the readers of Hedgeweek, as well as 2014 Best Cloud Provider and Best Fin Tech Operations Startup by FTF News.
Headquartered in New York City, Liquid Holdings Group was formed in 2012. For more information, please visit www.liquidholdings.com.
Equinix, Inc. (Nasdaq:EQIX), connects more than 4,500 companies directly to their customers and partners inside the world's most networked data centers. Today, businesses leverage the Equinix interconnection platform in 32 strategic markets across the Americas, EMEA and Asia-Pacific.www.equinix.com
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firstname.lastname@example.orgLiam RoseEquinix, Inc.
Source: Liquid Holdings Group, Inc.