Fintech PR

Manulife-backed Serverfarm Upsizes TD Securities-led Credit Facility to $1.637 Billion to Deliver Critical Capacity to Hyperscale Tenants

Published

16 hours ago

December 17, 2024

manulife-backed-serverfarm-upsizes-td-securities-led-credit-facility-to-$1.637-billion-to-deliver-critical-capacity-to-hyperscale-tenants

Serverfarm Secures $747 million of Additional Financing Capacity to Capitalize on Rapidly Accelerating Demand from Hyperscale Customers for Cloud and AI Deployments

TORONTO and LOS ANGELES, Dec. 17, 2024 /PRNewswire/ — Serverfarm, a global data center developer and operator, has successfully increased its North American credit facility led by TD Securities to $1.637 billion, as part of its accelerated business growth backed by significant long-term commitments from hyperscale customers.

Global demand for high quality hyperscale colocation capacity for cloud and AI deployments continues to accelerate in the North American market, which is significantly constrained for large, campus-scale near-term capacity. With a portfolio of secured powered land, supply chain commitments and award-winning design, construction and operations teams, the Serverfarm platform is uniquely positioned as a trusted hyperscale partner to deliver to these demands with speed and at scale.

“Following our recent 500MW+ Houston announcement, we’re delighted to have access to additional capital to support Serverfarm’s strong track record of providing near-term capacity to key customers”, said Avner Papouchado, CEO, Serverfarm. “Rapidly accelerating cloud and AI demand together with long-term and sizable commitments from hyperscale customers is driving growth across the Serverfarm portfolio.”

“We are grateful for our financing partners and look forward to continuing to build on the strategic long-term relationships we have with them,” said Recep Kendircioglu, Global Head of Infrastructure, Manulife Investment Management. “The strong interest that we have received from the lender community is a testament to the strength of the Serverfarm platform and the company’s significant growth potential.”

The upsize added seven new lenders to the banking syndicate, which now totals 19 lenders.

About Serverfarm

Serverfarm is an established multi-regional data center platform that provides data center solutions to key hyperscale, webscale, technology & network customers. These data center solutions include Colocation, Data Center Design, and IT Infrastructure Management, through Serverfarm’s proprietary InCommand DMaaS technology. For more information, visit serverfarmllc.com.

About Manulife Wealth & Asset Management

As part of Manulife Financial Corporation, Manulife Wealth & Asset Management provides global investment, financial advice, and retirement plan services to 19 million individuals, institutions, and retirement plan members worldwide. Our mission is to make decisions easier and lives better by empowering people today to invest for a better tomorrow. As a committed partner to our clients and as a responsible steward of investor capital, we offer a heritage of risk management, deep expertise across public and private markets, and comprehensive retirement plan services. We seek to provide better investment and impact outcomes and to help people confidently save and invest for a more secure financial future. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.

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View original content:https://www.prnewswire.co.uk/news-releases/manulife-backed-serverfarm-upsizes-td-securities-led-credit-facility-to-1-637-billion-to-deliver-critical-capacity-to-hyperscale-tenants-302334081.html

Fintech PR

DealHub introduces API-First CPQ to deliver Automated Headless Quoting

Published

35 minutes ago

December 18, 2024

CISION (PR Newswire)

dealhub-introduces-api-first-cpq-to-deliver-automated-headless-quoting

AUSTIN, Texas, Dec. 18, 2024 /PRNewswire/ — DealHub.io, the leading provider of advanced, enterprise-grade Configure, Price, Quote (CPQ) platform, announced the release of its API-First, headless quoting architecture. The new headless quoting environment extends the power and flexibility of DealHub CPQ to support quote automations across all sales channels, including PLG, e-Commerce and self-service portals.

DealHub API-First CPQ provides organizations the flexibility to develop scalable quoting solutions powered by DealHub’s robust logic-driven, configurable Playbooks. The headless quoting environment provides a composable and modular architecture that can be seamlessly integrated with revenue applications and custom user interfaces.

“API powered quoting will open a world of opportunities for DealHub customers to rapidly and effortlessly deploy new omnichannel revenue streams, from a single hub,” stated Eyal Orgil, Chief Revenue Officer at DealHub. “Headless quoting is a further example of the expanded possibilities provided with DealHub CPQ and the non-stop innovation we continue to introduce to redefine the modern CPQ.”

DealHub API-First Headless Quoting can be leveraged to support all sales processes, from new business to renewals and amendments. The Headless environment provides full access to DealHub’s rich CPQ functionality, including:

Configurable Logic-engine to generate error-free quotes and contracts
Multi-dimensional pricing able to dynamically set the most applicable pricing
Seamless back-end integration with Salesforce, HubSpot, Microsoft Dynamics and other CRMs
Powerful call-outs and queries to sync with ERP-based pricebooks, external product catalogs, and other back-end systems

About DealHub

DealHub delivers a business-logic driven engine to power the complete Quote-to-Revenue workflow incorporating CPQ, CLM, Subscription Billing, DealRoom, and new composable API-First Headless Quoting. This intelligent flow drives revenue execution from new business to renewed customers without delays and errors, ensuring a superior buyer experience across all revenue streams.

For more information, visit dealhub.io or follow DealHub on LinkedIn.

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View original content:https://www.prnewswire.co.uk/news-releases/dealhub-introduces-api-first-cpq-to-deliver-automated-headless-quoting-302334782.html

Fintech PR

Vantage Markets Celebrates a Landmark Year of Achievements in 2024

Published

35 minutes ago

December 18, 2024

CISION (PR Newswire)

vantage-markets-celebrates-a-landmark-year-of-achievements-in-2024

PORT VILA, Vanuatu, Dec. 18, 2024 /PRNewswire/ — Vantage Markets closes 2024 with a series of remarkable milestones, reinforcing its position as a leader in the trading industry. From record-breaking accolades to impactful partnerships and community contributions, the year has been a testament to Vantage’s vision and commitment to excellence.

In 2024, Vantage earned 26 prestigious awards, a 1.6x increase compared to the previous year. These accolades span innovation, customer service, and trading technology, underscoring the company’s dedication to delivering unparalleled value to its global community of traders.

This year also marked Vantage’s three-year partnership with McLaren Racing, a collaboration that brought shared values of speed, precision, and performance to the global stage. Through this partnership, Vantage connected with millions of fans and traders worldwide, reinforcing its brand identity as a high-performance trading platform.

Vantage celebrated its 15th anniversary this year, highlighting a journey of consistent growth and technological advancements. From humble beginnings to a global presence, the company remains committed to empowering traders with cutting-edge tools and resources.

Reflecting on these achievements, Marc Despallieres, Chief Strategy & Trading Officer of Vantage, shared: “2024 has been a transformative year for Vantage. Celebrating 15 years of excellence, achieving a record number of industry awards, and successful partnership with McLaren, we have solidified our position as a global leader. As we look forward, our focus remains on innovation, empowering traders, and fostering a vibrant trading community.”

In addition to its business achievements, Vantage continues to make a positive impact through the Vantage Foundation, which addresses critical social challenges such as mental health, financial literacy, and social isolation. By supporting local charities and global initiatives, Vantage demonstrates its commitment to giving back and fostering community well-being.

With its sights set on 2025, Vantage aims to build on the strong foundation laid in 2024. By prioritizing technological innovation, community engagement, and sustainability, the company is poised to set new benchmarks in the trading industry.

About Vantage

Vantage Markets (or Vantage) is a multi-asset CFD broker offering clients access to a nimble and powerful service for trading Contracts for Difference (CFDs) products, including Forex, Commodities, Indices, Shares, ETFs, and Bonds.

With over 15 years of market experience, Vantage transcends the role of broker, providing a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that empowers clients to seize trading opportunities. Download the Vantage App on App Store or Google Play.

trade smarter @vantage

RISK WARNING: CFD trading carries significant risks. You could lose more than your initial investment.

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View original content:https://www.prnewswire.co.uk/news-releases/vantage-markets-celebrates-a-landmark-year-of-achievements-in-2024-302334377.html

Fintech PR

Vantage Australia Celebrates a Landmark Year of Achievements in 2024

Published

35 minutes ago

December 18, 2024

CISION (PR Newswire)

vantage-australia-celebrates-a-landmark-year-of-achievements-in-2024

SYDNEY, Dec. 18, 2024 /PRNewswire/ — Vantage Markets celebrates an outstanding year in 2024, marked by record-breaking achievements, meaningful partnerships, and impactful community contributions. From industry recognition to social responsibility initiatives, this year reflects Vantage’s dedication to excellence, innovation, and empowering traders globally.

Vantage received 26 prestigious industry awards in 2024, a 1.6x increase compared to the prior year. These accolades recognise the company’s leadership in trading innovation, customer service, and technology, affirming its position as a top-tier global trading platform.

This year marked Vantage’s three-year partnership with McLaren Racing, a collaboration built on shared values of speed, precision, and innovation. Together, they leveraged the global platform of motorsport to connect with millions of fans and traders, reinforcing Vantage’s commitment to performance and collaboration.

2024 also saw Vantage commemorate its 15th anniversary, a milestone reflecting its evolution from a single-market platform to a global trading powerhouse. Over the years, the company has empowered traders with cutting-edge tools, comprehensive education, and a seamless trading experience.

Jack Kelly, Head of Sales, Vantage Australia, reflected on the year:
“2024 has been nothing short of extraordinary for Vantage. From celebrating 15 years of innovation to receiving a record number of industry awards and a remarkable partnership with McLaren Racing, we’ve shown our commitment to excellence on every front. Moving forward, we remain dedicated to providing world-class trading solutions while fostering trust, innovation, and meaningful connections with our clients and partners.”

Beyond business success, Vantage made a significant impact through the Vantage Foundation, addressing critical social issues like mental health, financial literacy, and social isolation. By supporting local charities and global initiatives, Vantage continues to demonstrate its commitment to building stronger communities and making a positive difference.

As Vantage looks ahead, it plans to build on 2024’s successes by driving innovation, enhancing client experiences, and expanding its efforts to create lasting impact within the trading industry and beyond.

About Vantage

Vantage Markets (or Vantage) is a multi-asset broker offering clients access to a nimble and powerful service for trading Forex and Contracts for Difference (CFDs) products on, Commodities, Indices, Shares, ETFs, and Bonds.

Any reference to figures or awards pertains to Vantage group of companies.

trade smarter @vantage

Vantage Global Prime Pty Ltd (ACN 157 768 566), located at 12/15 Castlereagh Street, Sydney, NSW, Australia, 2000, and is authorised and regulated by the Australian Securities & Investments Commission (ASIC) AFSL no. 428901.

Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn’t take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary.

You should consider whether you’re part of our target market by reviewing our Target Market Determination (TMD), reading our Product Disclosure Statement (PDS), and other legal documents to ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice if necessary.