Clients of Verne Global’s Green, Cost-Saving Iceland Datacenter Get Colt PrizmNet Access

Officials say the location and design of the datacenter, located on a former NATO campus, enables clients to make significant savings on hosting costs, compared to traditional facilities in financial market centers.

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Officials say that making access to PrizmNet—which connects more than 85 exchanges, trading venues and service providers to more than 10,000 market participants—in Verne’s datacenter will help clients achieve cost savings amid growing requirements for high-performance computing applications and data storage because the datacenter uses Iceland’s climate to provide free cooling, while harvesting electricity from hydroelectric and geothermal energy to offer savings of more than 70 percent over data

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