today launches a low latency network which will seamlessly connect major financial capitals in Asia, the United Kingdom and the United States.
The network is the first low latency service that offers a pure multipoint Ethernet platform to the financial services sector and other global industries, accelerating global high frequency trading and other low latency applications.
Designed for companies that require a secure, reliable and fast low latency solution, the network will enable financial firms to execute a high frequency trade between locations, such as London and Hong Kong or New York and Singapore, in milliseconds, through a single network and single supplier model.
John Hoffman, Head of Ethernet Product Management, Tata Communications says, “In this hyper-connected world, connectivity drives the global economy. We are at the centre of this information age with our expansive global network reach and the
world’s first wholly owned cable ring around the world
. The new low latency network is the latest cutting-edge offering in our portfolio. Global financial trading firms initially drove the need for this solution as every millisecond of latency is critical for trading. However, due to rising complexity and importance of specific mission-critical applications, we are also seeing an uptake in demand for similar levels of latency from a growing range of sectors and businesses.”
The new network enables customers with low latency needs to work with a single global supplier instead of multiple country-specific point-to-point network providers. Customers can build multipoint low latency networks that communicate from city-to-city rather than exchange-to-exchange to serve applications for which latency is crucial, regardless of the software or trading platform used.
Joel Stradling, Principal Analyst, Current Analysis, says, “Tata Communications has been an aggressive early-mover in Ethernet and currently offers the largest multipoint-to-multipoint service network in the market. The combination of its strong global footprint, a broad portfolio of Ethernet choices, operational simplicity that helps to drive cost reductions and an unmatched PBB technology rollout, makes the company’s new Low Latency offer compelling to prospects.”