Case Study: Leading International Financial Institution achieves sub-10ms real-time trading performance and reduced operating costs with CoreSite colocation and IP connectivity

Leading International Financial Institution - Customer Case Study

A leading international financial institution faced an expiring lease on an aging data center near the World Trade Center and needed to cut operating costs without giving up control, increase power and density, and preserve ultra-low latency connectivity to exchanges and the trading floor. Executives weighed renewing, building a new facility, or moving to colocation, and required a secure, flexible environment outside the city that could scale, meet strict security requirements, and avoid planned outages that had previously impacted availability.

The bank chose CoreSite colocation in NY2, deploying an 11,500 sq. ft. high-density cage with private office, test room, enhanced physical security, cross-connects, blended IP and direct AWS connectivity. CoreSite helped plan a multi-phase migration with no service interruption, delivered sub‑10ms round-trip latency to exchanges while lowering space and operating costs, provided a cost-effective AWS connection cheaper than private links, and supplied additional capacity for storage and development needs.