Sidera Networks (News - Alert) has unveiled an enhanced Xtreme Ultra-Low Latency Network, thereby considerably decreasing the latency between important financial data centers and exchanges in the New York/New Jersey Metro area. Sidera's position as one of the major providers of low latency to financial services firms has been ensured with the latest latency reductions. This achievement has also been confirmed by its network which carries trillions of dollars in trades every day.
In a release, Clint Heiden (News - Alert), president, Sidera Networks said, "Since the development and launch of the Xtreme Ultra-Low Latency Network in 2010, Sidera Networks has proudly served the low latency requirements of financial services market. We have committed to customers that we will maintain our low latency edge so that they can meet their application requirements, including electronic trading. When completed, this upgrade will deliver on that commitment. Additionally, low latency connectivity to NYSE's Mahwah, NJ data center is critical to our customers. We will provide a unique, low latency connection to that facility."
Financial service organizations and customers, who have high bandwidth requirements, heavily stress on diversity, low latency, and performance. These customers will be provided planned benefits by Sidera's Xtreme Ultra-Low Latency Network. Sidera’s network covers seven Manhattan river crossings and also boasts of an exceptional conduit system. Sidera’s Transcom Route helps in offering an exclusive and different route from NY to DC. Sidera also offers the lowest latency routes from NY/NJ to Chicago, Toronto, and London. Dark fiber, wavelengths and Ethernet also comprise the offerings from Sidera.
Larry Tabb, Founder and CEO, Tabb Group said, "Network connectivity is key to any company's ability to transact and access information. The New York/New Jersey market is an important region for the financial services market. There are exchanges; market data hubs and other key data housed in these data centers throughout the region. Network redundancy, reliability and accessibility to these information hubs are key concerns for companies as they architect their networks for more efficient communications."
Carrier and enterprise consumers are offered customized, high capacity communications services by Sidera Networks. A wide-ranging portfolio of facilities-based offerings like Ethernet, Wavelength, Dark Fiber, Internet Access, Colocation and SONET among others is delivered by Sidera.
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Edited by Juliana Kenny