This is the Tagline, edited under "Misc Content"
Aug 17, 2021
SINGAPORE – August 17, 2021 – Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company™, announced that the ASEAN Financial Innovation Network (AFIN) would leverage Platform Equinix® to accelerate financial services innovation in Singapore and the global Fintech Ecosystem. This collaboration will:
Asia, and in particular, Southeast Asia, has seen a concerted push for greater digitization and financial inclusion in recent years. The market is well-plugged into the rising FinTech players who have seen record growth in transactions and investments in recent years. At the same time, the FIs from the region have also moved quickly to increase their digital footprint globally. Furthermore, there is an openness in collaboration between FIs and FinTechs, who are looking to leverage each other's strengths to drive digital transformation. Therefore, it is key to have a robust digital bridge between FIs’ IT infrastructure and FinTechs’ cloud-native infrastructure.
To address these challenges, AFIN has collaborated with Equinix to provide FinTechs on APIX access to Platform Equinix and leveraged Equinix Metal to streamline and facilitate infrastructure connectivity and integration.
Highlights / Key Facts:
Quotes:
"Equinix's secure and scalable infrastructure will provide Fintechs partnering with FIs an option to effectively manage technology risk in the financial sector. Further, Equinix will also host APIX Sandbox for FIs looking for on-premise scaled innovation infrastructure. Such a partnership will further strengthen the growing Fintech ecosystem in Singapore and the broader global community. In addition, Equinix's commitment to reaching climate-neutral globally by 2030 strengthens AFIN's shared sustainability agenda".
“The future of financial services is going to be open, instant, and everywhere. For greater financial innovation and inclusion to take place, co-creation needs to happen. Through our partnership with Equinix, AFIN believes that we will further reduce barriers to entry and time-to-market for FIs and FinTechs in Southeast Asia, paving the way for regional and global financial inclusivity in the future.”
"We are proud that Equinix has been selected by AFIN to support APIX and be part of its journey to drive digital transformation and financial inclusion across Southeast Asia. Having the right digital infrastructure lays the foundation for a dynamic financial services scene that offers agility and ecosystem partnership opportunities critical for the future of Singapore’s economic growth. Equinix is confident that through this partnership, we will support Singapore's ambitions to become the leading global financial center in Asia."
“We see an acceleration of partnerships between FIs and FinTechs with digital trend and open banking development. This is pivotal to collaborate, innovate and transact with partners and investors. Our strategic partnership with AFIN will be the opportunity to offer a powerful platform that partners can tap into to innovate and grow the Digital Finance ecosystems in Southeast Asia and beyond.”
Additional Resources
About Equinix
Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today’s businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX data centers and developing, deploying and delivering Equinix products and solutions, unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; a failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
Media Contact (Asia-Pacific)
Equinix
Annie Ho
+852 2970 7761
annho@ap.equinix.com
Media Contact (Singapore)
LEWIS
Camy Cheng
+65 9088 4127
equinixSG@teamlewis.com