Hivelocity, an Infrastructure as a Service (IaaS) provider of bare-metal, dedicated servers, edge computing, and virtualised cloud solutions, has launched the Hivelocity Fintech Bundle, a stack that covers the full fintech compute estate across three tiers: non-regulated engineering workloads, production workloads outside PCI scope, and customer-managed cardholder data environments running on a PCI-validated foundation at the venture’s facilities.
The announcement comes as fintech infrastructure teams face pressure from rising cloud costs and compliance overheads. Fintech production workloads are predominantly steady-state: trading infrastructure, market data fabrics, blockchain validators, and KYC and AML platforms are accompanied by lending decisioning engines that run continuously with no use for burst-priced elasticity.
“The economics of hyperscale cloud rarely match the realities of fintech. The Fintech Bundle was designed specifically around the workloads, compliance needs, and cost pressures fintech teams actually face,” said Ned Pope, Chief Product Officer at Hivelocity.
“The bundle is structured across three tiers. Tier 1, Engineering Compute, covers non-regulated workloads: CI build farms, dev and test environments, container registries, and CPU-bound batch jobs. Tier 2, Production Compute, covers production systems outside PCI scope: trading match engines, market data ingestion and distribution, blockchain validators and RPC clusters, surveillance feeds, and open banking consumers running on tokenised references. Tier 3, Hi-Compliance Compute, gives fintech companies that manage their own cardholder data environment a PCI-validated facility foundation,” he stated further.
The debut of Hivelocity’s “Fintech Bundle” will also be the company’s first product launch since the appointment of Jim Parks as the venture’s new chief executive officer (CEO). Hivelocity wants to expand its bare metal and AI-ready infrastructure platform amid growing enterprise demand for high-performance compute environments. Parks succeeds in the role with more than two decades of leadership experience across infrastructure, SaaS, and data services businesses.
Before Hivelocity, he served at Ntirety as its CEO. There, he led the company through a period of operational and strategic growth that culminated in its acquisition by 11:11 Systems. Parks’ rich profile also includes leadership roles at Flexential and Passport, where he focused on recurring revenue growth, go-to-market strategy alignment, and operational scaling across distributed teams.