QuantHouse, an independent global provider of end-to-end systematic trading solutions, has leased dark fibre from Geo in order to build out its proprietary London fibre optic network.
Geo will provide fibre connections to QuantHouse's key data centres including Equinix Slough, Telehouse East Docklands, Interxion, Equinix Park Royal, as well as to the London Stock Exchange (LSE).
Geo's fibre network, which is deep in London's sewers, was chosen because of its ability to deliver the lowest possible data latency, high network security and lowest overall cost of ownership. Speed and security are critical to QuantHouse and its customers, as the financial services industry has become ever more reliant on low latency transactions to deliver competitive advantage.
"QuantHouse provides ultra low latency services, so for us it was important to be able to lease the dark fibre without any active equipment. We need to be able to control what goes through the fibre because we light it ourselves. We selected Geo because its business model gives us complete control, whilst providing highly reliable, solid coverage across London," said Pierre Feligioni, Managing Director at QuantHouse.
"QuantHouse is at the leading edge of low latency trading, an environment where microseconds provide a competitive edge. Geo beat competitors to deliver a solution with the lowest possible latency as part of the QuantHouse implementation. We were also chosen because of our wide, reliable network coverage in London which offers QuantHouse a much larger footprint. As our network is in the sewers, we can also offer them far greater levels of availability and resilience - which is critical in order for them to successfully meet their demanding customer SLAs," said Chris Smedley, Chief Executive, Geo.