Source: Hibernia Atlantic
Hibernia Atlantic, the only diverse transAtlantic high bandwidth connectivity provider, announces today that ACTIV Financial, a leading global provider of fully managed low-latency market data solutions, has selected Hibernia Atlantic's Global Financial Network (GFN) for Ethernet between Frankfurt and Chicago. ACTIV chose Hibernia's GFN, a next generation, high speed connectivity platform because of its rapid delivery coupled with secure route diversity, commercial flexibility and unmatched provisioning time to install.
The Hibernia GFN further assists ACTIV in minimizing its latency while increasing its global footprint of ultra-low latency market data from every major market worldwide. ACTIV's managed, low latency and high-volume market data services are used by more than 350 customers, including top liquidity market makers, hedge funds, banks, brokers and trading systems. The company manages more than 130 feed handlers deployed in ACTIV's 20 data centers on five continents." ACTIV continues to expand its global coverage of low latency, high-quality and cost effective global market data solutions," states Steve McNeany, CEO of ACTIV Financial. "With GFN's connectivity between Frankfurt and Chicago we're able to provide rapid deployment of low latency and high quality connections that our customers around the globe have grown to depend on."
With over 100 points of presence throughout North America and Europe, Hibernia's GFN is built upon 24,000 kilometers of fiber optic cable ensuring maximum reach across key financial markets, such as between Frankfurt and Chicago. Specifically engineered for 'security through diversity,' the GFN was built to meet the demanding performance requirements of the financial community ensuring the fastest connectivity and maximum route diversity. GFN services are backed by its rapid installation guarantee-- 5-day deployment, from signature to service, or 1 month free.
"Hibernia understands the high volume, high frequency trading marketplace and knows market data rates continue to rise adding a strain on networks where down time especially around new installation is not tolerable," states Bjarni Thorvardarson, CEO of Hibernia Atlantic. "Our low latency routes coupled with quick deployment timeframes are key for companies such as ACTIV who strive to deliver high performance flexible options to their clients as fast as possible."