Sidera Networks says it will now offer low-latency Switched Ethernet services over its Xtreme Network. The new Switched Ethernet service will enable financial services firms to respond to fluctuating bandwidth demands more quickly and efficiently, the fiber-optic network services supplier asserts.
The service provider says it currently has a roster of more than 60 financial institutions using the Xtreme Network. These include exchanges, brokers, hedge funds, as well as order management and market data providers. These customers and, Sidera hopes, future users will have access to a wider range of connectivity speeds via the new Switched Ethernet service.
"High bandwidth customers have benefitted from microsecond access to financial exchanges and data centers through Sidera's Xtreme Network," said Mike Sicoli, CEO of Sidera Networks. "Now, with the flexibility and scalability that Switched Ethernet offers, customers needing less than a full gigabit of bandwidth can benefit from our ultra low-latency Xtreme Network and have a migration path to additional bandwidth when the need arises."
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