Monday, May 9, 2011

euNetworks Adds Zurich to its Dedicated Finance Network

from Seeking Alpha:

  • New ultra low latency network route connects to Equinix s ZH4 data centre and delivers direct access to SIX Swiss Exchange
  • Delivers direct exchange-to-exchange connectivity to Zurich from London and Frankfurt

LONDON--(BUSINESS WIRE)-- euNetworks Group Limited (SGX: H23.SI), today announced it has launched a new low latency route, adding Zurich to its dedicated finance network. The Company is delivering a low latency solution to Equinix s ZH4 International Business ExchangeTM (IBX®) data centre in Zurich. The new low latency route provides financial services firms with direct access to SIX Swiss Exchange from London with one way latency of 6.83 milliseconds, and from Equinix s Frankfurt data centre (FR2), with one way latency of 2.74 milliseconds. euNetworks now offers market leading latency performance from all major Multilateral Trading Facilities (MTFs) across Europe, enabling greater access to its euTrade service portfolio and some of the shortest routes in the market today.

euTrade delivers pre-installed capacity on a dedicated wavelength platform, for quick turn-up to optimised routes for the lowest possible latency.

By adding this new low latency route to the range of networks available in our IBXs, euNetworks continues to demonstrate a clear understanding of the networking needs of the financial services community, said Marco Dottarelli, Managing Director of Equinix Switzerland.

Dottarelli added, Zurich is one of the most competitive financial centres in the world, and Equinix s ZH4 IBX® data centre offers customers a highly reliable, secure and network-neutral location from which to drive their trading operations in a growing market. The euNetworks solution delivers additional choice and quality of service to our customers and will help attract even more participants to the growing trading community in our ZH4 facility.

Following the investment in our dedicated finance network in 2010, we continue to invest where our clients need connectivity, said Brady Rafuse, Chief Executive Officer at euNetworks. We are delighted to be delivering low latency connectivity into Equinix s facility and importantly, offering our service from all major MTFs across Europe. Our commitment to network performance in the European market remains at the forefront of our network development programme and we have a number of further route optimisations and metro developments underway to continue to strengthen our market differentiation and service to our clients.

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