Source: Atrium Network
Atrium Network, provider of smarter connectivity for the financial community, today announced the scale-up of its European multicast infrastructure in order to meet the on-going demands of the international trading community.
Atrium Network's decision to add further scale is in response to increasing numbers of Atrium Network customers based in Europe consuming North American market data, as well as rising market volumes and increasing market data rates in Europe. Throughout 2010 Atrium Network upgraded its North American infrastructure to address the increasing North American market data rates. The firm's decision to enhance their European infrastructure is in line with their strategy to provide unrivalled connectivity to European and North American markets and the interest shown by their customer's is further proof of the success of their strategy.
Commenting on Atrium Network's increased London bandwidth, Emmanuel Carjat, Chief Executive Officer of Atrium Network said, "As we continue to see considerable growth in market data feeds - and an increase in the speed with which these feeds are delivered - it puts more pressure on data feeds. Adding more multicast capacity to our European infrastructure ensures our multi-gigabit scalable platform offers firms a competitive speed advantage over other firms relying on older connectivity technology and helps maintain our position as provider of the fastest possible path to multiple markets and multiple market data feed access."
Carjat continued, "We are seeing more European Exchanges and MTFs (multilateral trading facilities) adopting multicast for market data distribution. Upgrading our European multicast infrastructure now, allows us to easily support the growing demand for multicast feeds and gives us the capability to distribute them via our low-latency network. We're delighted to see customer demand continue and look forward to helping other firms with delivery of their multicast feeds."