atNorth, the leading Nordic high-density colocation and built-to-suit datacenter provider, has formed a partnership with the leading provider of capital markets infrastructure, Options Technology, to host its expanded private AI solution at atNorth’s ICE02 data center in Iceland.
Options infrastructure expansion results from increasing demand from financial firms, such as hedge funds, investment banks, and proprietary trading firms, for high-density computing power, driven by the rapid adoption of AI for trading strategies, risk management, and data analytics.
The business aims to address a gap in the market for private cloud infrastructure specifically tailored to the requirements of the financial services industry. Recognizing the need for a secure, sustainable, AI ready and cost-effective solution, Options chose atNorth’s ICE02 campus for its high-density infrastructure that could be scaled across the Nordics in line with its future growth strategy.
atNorth’s Nordic data centers are strategically located between New York and London financial hubs and benefit from excellent connectivity and low-latency networks, making them ideally suited to AI and other high-performance workloads. The sites are also powered entirely by the region’s abundance of low cost, renewable energy, making them an environmentally and financially responsible choice.
The news follows atNorth’s announcement of a number of additional partnerships with other data intensive businesses, including Crusoe in Iceland, Nokia in Finland and 6G AI Sweden AB in Sweden.
