GI Partners has bought a large New Jersey data center that houses tech platforms that facilitate capital markets trading by customers of BT Radianz, the financial tech services business of BT Americas, a division of British Telecom. BT has been the sole tenant in the 130,000-square foot buildi...
Company: BT Global Services
State: New Jersey
Country: United States
Region: North America
The data center on 492 River Road in Nutley was fully renovated in 2000 and updated in 2009. At one point, it was occupied by Thompson Reuters, another company that serves financial customers.
The facility offers access to 13 telecommunications providers across two meet-me-rooms (MMRs), and features an expandable electrical substation onsite.
Among other things, it serves as a core location for BT Radianz Compute, a part of BT’s specialist cloud platform that connects capital markets customers in more than 50 countries. Radianz provides applications for market data, buy-side, sell-side, liquidity, and clearing and settlement to support traders in the global capital markets.
GI Partners acquired the site in February 2018