FCM360 Introduces New Internet Solution in New York City to Overcome Network Outrages during Natural Disasters
Hurricane Sandy is one of the largest Atlantic hurricanes on record that impacted a long swath of the mid-Atlantic coastline in the U.S., and after this mishap, many companies have worked toward bringing in a high-speed, low-latency infrastructure to enable users to bypass the major weaknesses in the Internet and fiber routes.
FCM360, a company specializing in turnkey datacenter solutions, is one such company that has introduced new low-latency Internet solution that helps New York City overcome power and network outages.
FCM360 provides complete managed datacenter solutions for high-frequency trading and exchange community serving the electronic trading community. The company has been in the managed services and colocation hosting business for more than a decade managing outsourced operations for technology and financial companies with the need to focus on their core business.
Jubin Pejman, managing director of FCM360, said, "While FCM360's New Jersey proximity hosting facilities had continuous power and Internet access during the entire period of Sandy, outages in Manhattan created black holes in major telecom carrier facilities. This prevented some of our international and domestic clients from connecting to our New Jersey proximity hosting centers. To eliminate any future such occurrences, we have now built a new Internet ring that bypasses New York City during any future disasters."
According to the sources, the demand for low-latency, proximity hosting in the New York area has subsequently expanded over the past five years and FCM360 has utilized this situation to introduce a redundant network that provides continuous uptime for its financial trading customers in New York.
Pejman said its new reliability solution creates a ring that provides IP transit along the northeast portions of New Jersey through to New York State, Long Island and Connecticut, where major bank operations are located completely bypassing New York City.
"FCM360's low-latency network and managed proximity hosting services provides traders with the easiest way to connect to brokers and liquidity using a single underlying technology provider. Furthermore, the FCM360 financial cloud ensures that the cost and effort to maintain low-latency trading infrastructure is within budgetary reach of all traders," notes Pejman.
FCM360 provides low-latency exchange connectivity to more than 50 exchanges, including CME Group, NYMEX, COMEX, CBOT, KCBOT, ICE OTC, ICE Futures, CBOE, Toronto Montreal Exchange(TMX), Australian Securities Exchange(ASX) and Singapore Exchange(SGX).
Edited by Rachel Ramsey