Data Storage

NFINIT makes an $8 million investment in cloud infrastructure and data centers

NFINIT
NFINIT, a LightEdge firm, is upgrading its two San Diego data centers for an $ 8 million update to improve energy efficiency and critical infrastructure resilience. In addition, NFINIT is upgrading its cloud infrastructure (including hardware and software), replacing an Uninterruptible Power Supply (UPS), a battery that keeps operations running in the case of a power outage, and adding new chillers as part of this update. NFINIT's new equipment is among the most environmentally friendly on the market.

"This major investment in our infrastructure translates to significant customer benefits in three areas: sustainability, reliability and cost stabilization. Reliability is part of our DNA, and investing in our UPS equipment is critical to keeping clients' data safe. Also, by increasing NFINIT's power effectiveness by 20%, we're keeping pace with data growth trends in a more sustainable way, while also helping to mitigate rising power costs for our clients. With the backing of our new partnership with LightEdge, a strong promoter of ESG initiatives, our flagship data center on Lightwave Avenue is on track to becoming the most sustainable data center in the San Diego area."

Gabriel Faulkner, VP of Critical Infrastructure at NFINIT

LightEdge bought NFINIT in April. Future investments are planned by the firms together to improve NFINIT's energy efficiency even more. LightEdge recently teamed with Synetic to divert 6,800 pounds of e-waste from the landfill and assist the Circular Computing reforestation program as part of its commitment to sustainability.

Unlike most data centers in the area, NFINIT's flagship facility was designed from the ground up to be a data center rather than being converted from a warehouse. This means that crucial efficiency and reliability factors like air flow and physical security were optimized from the start. As a result, the data center will have a 20 percent higher power use effectiveness (PUE) of 1.25 after the improvements. PUE is a typical industry statistic for determining the energy efficiency of a data center.

"We're investing in infrastructure upgrades that allow NFINIT to alleviate the utility fee rise for our customers as much as possible," Faulkner continued. "Over the last three years, power costs in San Diego have increased by roughly 41%, and NFINIT has only passed on about 13% of that rise to our customers."

For data centers, uptime is just as important as energy efficiency. Because many data center outages are caused by UPS failure, maintaining a modern UPS is one of the most crucial components for consistent data center uptime. NFINIT's dependable maintenance practices, as well as its mix of in-house and on-call local contractors, have helped the company maintain an industry-leading uptime and availability record for the last ten years.

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dxFeed Launches Market Data IaaS Project for Tradu, Assumes Infrastructure and Data Provision Responsibilities

PR Newswire | January 25, 2024

dxFeed, a global leader in data solutions and index management for the financial industry, announces the launch of an Infrastructure as a Service (IaaS) project for Tradu, an advanced multi-asset trading platform catering to active traders and investors. In this venture, dxFeed manages the crucial aspects of infrastructure and data provision for Tradu. As an award-winning IaaS provider (the Best Infrastructure Provider by the Sell-Side Technology Awards 2023), dxFeed is poised to address all technical challenges related to market data delivery to hundreds of thousands of end users, allowing Tradu to focus on its core business objectives. Users worldwide can seamlessly connect to Tradu's platform, receiving authorization tokens for access to high-quality market data from the EU, US, Hong Kong, and Australian Exchanges. This approach eliminates the complexities and bottlenecks associated with building, maintaining, and scaling the infrastructure required for such extensive global data access. dxFeed's scalable low latency infrastructure ensures the delivery of consolidated and top-notch market data from diverse sources to the clients located in Asia, Americas and Europe. With the ability to rapidly reconfigure and accommodate the growing performance demands, dxFeed is equipped to serve hundreds of thousands of concurrent clients, with the potential to scale the solution even further in order to meet the constantly growing demand, at the same time providing a seamless and reliable experience. One of the highlights of this collaboration is the introduction of brand-new data feed services exclusively for Tradu's Stocks platform. This proprietary solution enhances Tradu's offerings and demonstrates dxFeed's commitment to delivering tailored and innovative solutions. Tradu also benefits from dxFeed's Stocks Radar—a comprehensive technical and fundamental market analysis solution. This Software as a Service (SaaS) seamlessly integrates with infrastructure, offering added value to traders and investors by simplifying complex analytical tasks. Moreover, Tradu leverages the advantages of dxFeed's composite feed (the winner at The Technical Analyst Awards). This accolade reinforces dxFeed's commitment to delivering excellence in data provision, further solidifying Tradu's position as a global leader in online foreign exchange. "When we were thinking of our new sophisticated multi-asset trading platform for the active trader and investors we met with the necessity of expanding instrument and user numbers. We realized we needed a highly competent, professional team to deploy the infrastructure, taking into account the peculiarities of our processes and services," said Brendan Callan, CEO of Tradu. "On the one hand, it allows our clients to receive quality consolidating data from multiple sources. On the other hand, as a leading global provider of online foreign exchange, we can dispose of dxFeed's geo-scalable infrastructure and perform rapid reconfiguration to meet growing performance demands to provide data to hundreds of thousands of our clients around the globe." "The range of businesses finding the Market Data IaaS (Infrastructure as a Service) model appealing continues to expand. This approach is gaining traction among various enterprises, from agile startups seeking rapid development to established, prominent brands acknowledging the strategic benefits of delegating market data infrastructure to specialized firms," said Oleg Solodukhin, CEO of dxFeed. By taking on the responsibilities of infrastructure and data provision, dxFeed empowers Tradu to focus on innovation and client satisfaction, setting the stage for a transformative journey in the dynamic world of financial trading. About dxFeed dxFeed is a leading market data and services provider and calculation agent for the capital markets industry. According to the WatersTechnology 2022 IMD & IRD awards honors, it's the "Most Innovative Market Data Project." dxFeed focuses primarily on delivering financial information and services to buy- and sell-side institutions in global markets, both traditional and crypto. That includes brokerages, prop traders, exchanges, individuals (traders, quants, and portfolio managers), and academia (educational institutions and researchers). Follow us on Twitter, Facebook, and LinkedIn. Contact dxFeed: pr@dxfeed.com About Tradu Tradu is headquartered in London with offices around the world. The global Tradu team speaks more than two dozen languages and prides itself on its responsive and helpful client support. Stratos also operates FXCM, an FX and CFD platform founded in 1999. Stratos will continue to offer FXCM services alongside Tradu's multi-asset platform.

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