Monday, March 15, 2010

AboveNet launches low latency transatlantic connectivity

AboveNet launches low latency connectivity between key financial centres in London and New York

Alan Berryman, Director of Sales and Marketing, AboveNet UK: "We’re expecting strong demand for our premium service from organizations such as investment banks, hedge fund operators, as well as foreign exchange and equities traders.”

AboveNet, Inc. (NYSE: ABVT) has launched what it describes as one of the industry’s fastest, low latency end-to-end transatlantic connections between London and New York.

AboveNet’s new low latency transatlantic service is targeted specifically at the financial sector, supporting critical applications such as foreign exchange trading and market data feeds.

“With venues such as Chi-X now operating out of Equinix in Slough and NASDAQ operating out of Carteret, New Jersey, we’re seeing a growing requirement for low latency transatlantic connectivity. We’re expecting strong demand for our premium service from organizations such as investment banks, hedge fund operators, as well as foreign exchange and equities traders,” commented Director of Sales and Marketing for AboveNet UK, Alan Berryman. “Because we can now guarantee every aspect of our transatlantic and metro services, customers can always rely on AboveNet to deliver the low latency performance their business demands,” Berryman further added.

AboveNet Chief Technology Officer, Rajiv Datta, said, “Adding the low latency capability between New York and London is a natural extension of our industry-leading Agility Guarantee program. In addition, we can now provide high bandwidth connectivity between London and our 16 U.S. markets for a broad range of customer applications.”

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