Hibernia Atlantic selects Sunesys to extend global financial network

OCTOBER 8, 2009 -- This construction expansion over dark fiber into 1400 Federal accelerates Hibernia Atlantic's connectivity to local and global banks and exchanges within the area.

OCTOBER 8, 2009 -- Transatlantic submarine-transport cable provider Hibernia Atlantic has selected Sunesys, a provider of high-speed dark fiber-optic networks, to further expand its Global Financial Network (GFN) into 1400 Federal in Carteret, NJ. Sunesys is one of Hibernia's five New York metro dark-fiber partners that help the cable company to deliver low-latency redundant capacity to financial firms. This construction expansion over dark fiber into 1400 Federal accelerates Hibernia Atlantic's connectivity to local and global banks and exchanges within the area. The announcement comes on the heels of the GFN's extension into two new data centers in Secaucus, NJ.

The move is another step in Hibernia Atlantic's strategy to partner with dark fiber providers to deliver reliable connectivity to financial customers in New York metro and beyond, bypassing major congestion points located within major metro city centers. The link into 1400 Federal is a highly desired route for financial exchange traffic from Chicago to Secaucus (bypassing Manhattan as necessary) and across the Atlantic Ocean to Slough, UK (bypassing London as necessary).

Hibernia's fiber-optic network reaches key financial cities including Toronto, Montreal, Chicago, Boston, Philadelphia, Stamford, Weehawken, Secaucus, Newark, White Plains, New York, Frankfurt, Reading, London, and Slough.

The cable provider's connection into 1400 Federal offers financial customers a range of scalable services, including collocation, interconnection, support, and monitoring. "We are delighted to partner with Hibernia Atlantic to provide customized converged dark fiber network solutions that meet the critical needs of financial customers in New York metro," says Alan Katz, senior vice president of Sunesys. "By leveraging Hibernia's secure, diverse footprint, more clients can benefit from a secure end-to-end solution, even across the Atlantic, as well as speed to market while realizing network cost savings. This is a further reflection of our commitment to the important New York metro market."

"Sunesys is known for helping businesses move rapidly ahead by creating customized, converged dark-fiber network solutions that encompass multiple locations and data centers, and by controlling the potentially crippling costs of escalating technology demands," says Eric Gutshall, executive vice president of sales and marketing for Hibernia Atlantic. "Our partnership with Sunesys increases our access into key financial centers like 1400 Federal, and further provides 'security through diversity' to financial customers."


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