Case study: Data centre design

Image of a row in a data centreInnov8 was engaged to lead the development of a business case and roadmap for the introduction of a co-location service for the trading of financial instruments where low latency is key to success.

In association with a leading consultancy firm in Hong Kong, Innov8 has been engaged to research, consider alternatives, create high-level conceptual product and infrastructure designs, and a business case for the creation of new co-location facilities.

The challenge

Design a 25,000 m² high-frequency, high-performance data centre.

The climate

The various stock exchanges globally are taking a careful look at the type and quality of market services they should offer to exchange participants. With the spotlight on the global financial markets for mostly the wrong reasons, combined with the now infamous “Flash Crash” that sparked  the largest internet day-stock crashes in history, the financial services data centre market is squarely in the news.

The scope

Innov8 was asked to prove the business case and provide a concept design for a very large (25,000 m²), scalable and sustainable data centre environment that will be capable of supporting hundreds of very high-profile, market-trading customers for the Hong Kong Stock Exchange.

The partner

With these and many other business requirements, Innov8 partnered with a local Hong Kong consulting firm, Actel Consulting. Innov8 and Actel would build a complete business case that encompassed not only the capital and operational costs associated with the construction of a new co-location facility in the New Territories, but also to capture requirements from the main trading and brokerage firms who will use the facility and map the associated revenue for the new high-performance trading services.

The approach

We broke the project into a series of revenue and costs models, provide the Exchange with guidance on operations models, and establish a framework for eco-system partnering into the overall program.

The project

Data centre construction and fitout is estimated at HK$2.1b (US$300m).

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