Hibernia Atlantic extends financial network with London data center

MAY 20, 2009 -- The cable transport provider has expanded its network into Equinix's data center.

MAY 20, 2009 -- Hibernia Atlantic (search Lightwave for Hibernia), a submarine and terrestrial transport cable provider and wholly owned subsidiary of Columbia Ventures Corp., has expanded its network into data-center service provider Equinix's LD4 London Slough International Business eXchange (IBX) data center. This new point of presence (PoP) extends Hibernia Atlantic's footprint in the London area, enabling the provision of redundant, reliable connectivity that bypasses major congestion points generally located within major metro city centers. The PoP also extends Hibernia's Global Financial Network (GFN) into Equinix Financial eXchange, a neutral electronic marketplace consisting of active financial market participants, which is located within the LD4 center.

The GFN is layered over Hibernia Atlantic's fiber-optic network reaching Toronto, Montreal, Chicago, Boston, Philadelphia, Stamford, Weehawken, Secaucus, Newark, White Plains, New York, Frankfurt, Reading, and London. It is designed to meet the demanding performance and reliability requirements of the global financial community by providing fast, active service; low latency; and high-performance network connectivity.

Within the LD4 data center, the GFN will have a direct connection to Equinix Financial eXchange's community of execution venues, buy and sell side firms, market data providers, and technology utilities that have located at Equinix's data center to access a variety of low-latency networks and to directly exchange data with strategic partners and customers in close proximity. The LD4 facility offers financial customers a range of scalable services, including collocation, interconnection, support, and monitoring.

"Equinix's facility provides Hibernia Atlantic, and the GFN, the ability to offer additional network options to the global financial community already benefiting from Equinix's Financial eXchange platform," says Joe Hilt, vice president of sales for North America. "The GFN provides flexible solutions, including dedicated Packet over SONET (PoS), on Hibernia?s 24,000-km low-latency, resilient network."

"This expansion marks Hibernia's presence in five Equinix data centers in the US and Europe," adds Petrina Steele, Equinix's vice president for business development in Europe. "Hibernia Atlantic?s TransAtlantic cable system, which has a reputation for providing a redundant, diverse route from traditional networks, will bring value to our financial exchange community that requires secure, reliable connectivity to the financial hubs around the world."

Says Hilt, "By choosing Equinix's LD4 facility in London Slough, we can now offer installation within five days from signature to service or one month free guaranteed."

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