GAUGING THE MARKET essential than ever , for ensuring a highly responsive end-user experience .
We see fit-for-purpose data centres as pivotal to the future growth and success of the FinTech industry in Wales . As an alternative to remaining in-house , IT servers and equipment can be outsourced to third party ‘ colocation ’ and cloud hosting data centres . For example , to a well-established provider such as Vantage Data Centers in
Cardiff . Backed by service level agreements , modern fit for purpose facilities such as these can offer the critical infrastructure , security and round-the-clock support services necessary for keeping FinTech firms ’ services continuously available – leaving them to focus on their core business .
Major data centres are also vital to interconnecting the region UK-wide and internationally , helping to create and support an ecosystem of telecom carriers and network service providers . Major
Sarah Williams-Gardener , CEO , FinTech Wales providers such as Neos Networks and Virgin Media 02 – who are increasingly active here – together with the availability of high-quality data centre facilities are intrinsic to Wales attracting many more financial organisations , both from London and much further afield .
Overall , the FinTech industry in Wales has experienced significant growth , secured stable employment , made advancements in various sectors and has the potential for significant international expansion . Wales will continue to firmly establish itself as a leading global hub for FinTech innovation , setting the benchmark for excellence in the industry . � www . intelligentfin . tech
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