(Boursier.com) — euronext today announced the successful completion of the migration of its Core Data Center and associated colocation services from Basildon, UK, to the Aruba Global Cloud Data Center IT3 in Bergamo, Italy. This key milestone was achieved as planned in just 14 months, following the announcement of this strategic decision in April 2021 as part of the acquisition of the Borsa Italiana group.
The transfer of Euronext’s central data center from the UK to Italy, into a world-class, green data center, was a strategic decision made in response to multiple factors, including the momentum created by Brexit, and a strong reason to move Euronext’s main data center. European Business Activities to the European Union.
This move gives Euronext full control and direct management of its core IT infrastructure, as well as a key customer service, colocation, which was previously outsourced. It also allows generating placement income, integrated into the enhanced synergies.
The Aruba Global Cloud data center meets the highest quality standards (Tier 4 certification), offers the highest level of security and resilience, and runs on 100% renewable energy, allowing Euronext to minimize its environmental impact.
Euronext now operates a state-of-the-art placement facility accessible to members and non-members, opening up new opportunities for service development and contributing today to part of the planned delivery of the €100 million line. annual EBITDA synergy rate linked to the acquisition of the Borsa Italiana group scheduled for 2024.
The migration of the Core Data Center is scheduled to pave the way for the migration of the Borsa Italiana equity and derivatives markets to the Euronext Optiq trading platform starting in 2023.
The migration to the new green Core Data Center represents a key step in Euronext’s “Fit for 1.5o” commitment, as part of its ESG strategy. Located in the certified and energy-efficient buildings of Aruba’s Global Cloud Data Center IT3, the new Core Data Center runs entirely on renewable energy, much of which is self-produced through a large photovoltaic system and hydroelectric unit. It also benefits from reduced power consumption thanks to highly efficient cooling systems using geothermal energy and dynamic free cooling, and the use of cloud computing to reduce the number of servers. The new Core Data Center allows Euronext to reduce its own carbon footprint, while allowing its colocation clients to reduce their environmental impact.
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