CFN outlines new architecture and connection pricing plans

Source: CFN Services

CFN Services, a leading provider of managed IT services to the financial services industry, today announced its advanced architecture that enables transparent, affordable pricing to major venues in North America and Europe.

TradingHUB, CFN's secure, reliable service that connects global liquidity venues is now powered by CFN's secure "Super Node" architecture, while providing clients a secure Internet option. CFN's "Super Node" switching infrastructure utilizes carrier-neutral data centers instead of proprietary, legacy points-of-presence. This approach takes expensive dated equipment, facilities and operational costs out of the equation. Additionally, clients that choose CFN's secure Internet option will benefit from the power of CFN's SDN (software defined networking) removing the need for rack space, switches and cross-connects.

As a result, clients that seek less latency sensitive services including banks, brokers, exchanges, hedge funds, sell-side firms, analytics firms, clearing and settlement providers will benefit from:

• Affordable, transparent pricing: $200 monthly, plus $2 per Mbps (regardless of distance);

• Reliable, secure access to major financial markets' data centers in New York, New Jersey, Chicago, Philadelphia, London and Frankfurt;

• Fast web provisioning;

• 24/7 customer service from engineers who understand the financial services industry; and

• Contract flexibility (monthly vs. annual contracts).

"For years we've provided secure, ultra-low latency services to financial services institutions. Several of them, particularly sell-side firms, asked us to provide an easy-to-use, affordable service for applications less latency sensitive than algorithmic trading. We have." said Paul Edelmann, Senior Vice President, CFN Services.

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