HKEx to spend $90m on new data centre
Hong Kong Exchanges and Clearing has unveiled a plan to build a new data centre, both so that it can expand and in order to consolidate existing operations scattered across diffuse locations. The exchange will buy a 118,000 square foot (11,000 square metre) plot in Hong Kong’s Tseung Kwan O Industrial Estate.The preliminary plan is for a three storey data centre and IT office space with a total floor area of 143,000 square feet (13,000 square metres).The new data centre will house all HKEx’s markets and clearing house systems and IT support staff. At present HKEx’s data centres are spread across two locations in Hong Kong, with back-up centres in another three other areas of the city. In a statement, HKEx said that a self-built data centre was the most efficient and cost-effective way of meeting its technological, security and development needs.Chief...