AboveNet Launches Low Latency Connectivity for Financial Centers

AboveNet Launches Low Latency Connectivity for Financial Centers

Here's the latest news from NEF Parter, AboveNet, Inc.

AboveNet, Inc., a leading provider of high bandwidth connectivity solutions, has launched one of the industry’s fastest, low latency end-to-end transatlantic connections between London and New York, reaching key financial locations in: – London: Slough, The City and Docklands – New York Metro: Manhattan and New Jersey, including: Newark, Weehawken, Secaucus, Carteret, and Clifton

Targeted specifically at the financial sector, this new low latency transatlantic service supports critical applications such as foreign exchange trading and market data feeds.  

“With venues such as Chi-X now operating out of Equinix in Slough and NASDAQ operating out of Carteret, New Jersey, we’re seeing a growing requirement for low latency transatlantic connectivity,” said Alan Berryman, Director of Sales and Marketing for AboveNet.  “We’re expecting strong demand for our premium service from organizations such as investment banks, hedge fund operators, as well as foreign exchange and equities traders, because customers can always rely on AboveNet to deliver the low latency performance their business demands.”

This premium service is backed by one of the industry’s strongest SLAs under AboveNet’s Agility Guarantee program.  The program provides guarantees on the transatlantic service by combining one of the shortest transatlantic cable systems with the most direct terrestrial backhaul link into New York and Slough.   In addition, AboveNet also provides latency guarantees for as low as sub-1ms round-trip for access to hundreds of buildings in the New York and London metro markets.

AboveNet Chief Technology Officer, Rajiv Datta, said, “Adding the low latency capability between New York and London is a natural extension of our industry-leading Agility Guarantee program.  In addition, we can now provide high bandwidth connectivity between London and our 16 U.S. markets for a broad range of customer applications.”