Sidera Networks is again enhancing its low-latency network offerings for financial customers with the addition of an ultra low-latency Switched Ethernet service.
Not surprisingly, Sidera's new low latency Switched Ethernet service is targeted at financial service firms that connect to data centers and financial exchanges in both New Jersey and New York that need flexible bandwidth platforms to complete trades quickly.
Building on the service it initially launched as RCN Metro in September 2009, the new service is about providing greater flexibility in terms of speeds and functions.
Michael Sicoli, CEO of Sidera Networks, said that "customers needing less than a full gigabit of bandwidth can benefit from our ultra low-latency Xtreme Network and have a migration path to additional bandwidth when the need arises."
Sidera's message appears to be resonating in the New York and New Jersey financial communities with over 60 financial institutions, including exchanges, brokers, hedge funds, as well as order management and market data providers, already leveraging Xtreme Network's low-latency connectivity service.
- see the release
RCN Metro dials down network latency for financial houses
Sidera Networks bolsters colocation footprint with Cross Connect Solutions acquisition
Sidera Networks: Taking metro area transport further
2010's competitive telecom leaders