CFN Services Expands Network with Telx
Offer Telx customers In New York and Chicago a complete, low-latency financial networking solution
Key Highlights:
- New relationship joins CFN Services’ low latency network with Telx’s proximity hosting advantages.
- CFN’s ultra low latency solution guarantees a round-trip connection between Telx’s NY metro and Chicago facilities that is at or below 16.6 milliseconds.
- Telx customers gain direct access to a leading network integrator and design firm serving the financial services industry.
- A common carrier-neutral stance provides CFN and Telx customers with optimal solutions.
NEW YORK and CHICAGO (May 27, 2009) – Telx, one of the largest and fastest growing domestic interconnection and colocation data center operators, announced today that custom network provider CFN Services has added network nodes for its ultra low latency financial network in Telx facilities at 60 Hudson Street and 111 8th Avenue in New York City as well as in 600 South Federal Street in Chicago. These new nodes allow Telx Financial Exchange customers colocated in New York, New Jersey, and Chicago – including Telx customers colocated in the company’s facility at 350 East Cermak Street – access to CFN’s ultra low latency network, which guarantees speeds of 16.6 milliseconds or better.
The addition of CFN into Telx facilities helps Telx customers gain an optimized network configuration to ensure the ultra low latency for all pieces of the trading process from market data feeds, ticker plants, exchanges and other key trading platforms. These services can provide the competitive advantage that financial companies need to gain an edge in today’s market. CFN Services will also work to implement a customized plan to ensure that the network configurations are optimal based on each customer’s individual criteria.
“In the current market, financial services companies need every advantage available to thrive,” says Eric Shepcaro, CEO of Telx. “The suite of financial service providers and ultra low latency networks, such as those offered by CFN, are critical to our customers’ success. Telx remains committed to seeking out service providers who can help our customers realize their full business potential.”
In addition, the carrier-neutral stance adopted by both Telx and CFN provides added advantage for customers: by bringing a wide variety of service providers to the table to compete for your business, Telx helps customers get the lowest available service price with high-quality proximity hosting; while CFN creates custom networks utilizing optimal spans from available routes based on the customer requirements regarding latency, price, optimization, performance, and time to install.
“In addition to ultra low latency networking, CFN offers unique, performance-level SLAs that guarantee a specific latency today and network improvements that guarantee latency improvements over time,” said Wil Tirado Vice President of Engineering for CFN. “When obtained from within a Telx colocation facility, customers are assured a long-range business plan for growth that accommodates both current and future needs for decreased latency and increase space, power, and cooling over time.”
About Telx
Telx is a world-class leader in providing interconnectivity solutions through their network-neutral and network rich, colocation facilities. With over a dozen facilities in North America, Telx offers cost effective networking solutions for customers to seamlessly access diverse global networks and exchange information in a secure and reliable environment. Over 600 leading telecommunications carriers, ISPs, content providers and enterprises rely on Telx’s world-class team to support their mission-critical global infrastructure needs and to create a global connectivity marketplace to dramatically expand their business growth opportunities. Telx is a privately held company headquartered in New York City with facilities in New York, Atlanta, Chicago, Dallas, Los Angeles, San Francisco, Santa Clara, Miami, Phoenix, Charlotte, as well as Weehawken and Clifton, N.J. For more information about Telx, visit www.telx.com.
About CFN Services
CFN Services is a managed telecom infrastructure services company providing network services for the Enterprise, Public Sector and Carrier Markets. Specializing in network planning, deployment, and managed services, including local access transport, low latency networking, and mobile backhaul optimization, CFN Services leverages the company’s flagship FiberSource® network planning and optimization platform. CFN Services has provided network planning and deployment services to some of the leading wireless and wireline network operators including Verizon, AT&T, Level 3 and Sprint. For more information, visit www.cfnservices.com.
Tags: algo trading, broadband, central proximity hosting, dark fiber, data center, Electronic Trading, Fiber Networks, Low Latency, Low Latency Networks, Mobile Backhaul, telx