Andrew Bach, a name that's become synonymous with the low latency networking movement in the financial services industry, has joined Juniper Networks (NYSE: JNPR) as the vendor's new chief architect for its Financial Services Team.
He comes to Juniper from NYSE Euronext, where he served as senior vice president, Global Head of Network Services.
In his new role at Juniper, Bach will not only oversee the vendor's sales team and injecting new knowledge about the financial services market into the company, but also work with customers on their requirements for cloud computing and mobile Internet.
During his tenure at NYSE, Bach oversaw the planning of their global networks that connect all NYSE, Securities Industries Automation Corporation (SIAC), the American Stock Exchange (AMEX), Pacific Stock Exchange, Archipelago, LIFFE and European cash markets, in addition to the national markets system networks SIAC operates.
Another element notable at NYSE was Bach's development of Secure Financial Transaction Infrastructure (SFTI) technology, which grew from a local New York City metro network into a global multi-continent network.
Bach's move to head up Juniper's financial market segment comes during a land rush of low latency networking activity in the service provider community.
Over the past two years alone, traditional and competitive service providers such as Verizon (NYSE: VZ), Tata, Cross River Fiber, Hibernia Atlantic, Sidera, and Zayo are in the process or have built new dedicated routes that offer low latency services in key U.S. and international trading hubs.
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