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November 13, 2009

RCN Metro Provides Colocation Services to ECHOtrade



By Jyothi Shanbhag
TMCnet Contributor



RCN Metro Optical Networks, a division of RCN Corporation, a premier provider of fiber optic-based network solutions, is reportedly aiding ECHOtrade, a trading firm, with connectivity to major financial exchanges and the Internet.

Founded in 1999, ECHOtrade is a professional trading firm providing reliable software geared towards speed of execution, lower cost transactions and higher payouts.

In a release, Robert D. Keller, COO of ECHOtrade, said the company is committed to providing traders with the most reliable, dense, high-capacity network available today and one designed to meet their needs tomorrow.

As per the agreement, RCN (News - Alert) Metro is providing colocation services for ECHOtrade's New York offices with multiple circuits for connectivity to financial exchanges, connecting to the Internet at its office facility.

In the release, Felipe Alvarez (News - Alert), president of RCN Metro, said "There's no question that in the financial services industry, time is money. Network connectivity is a trading firm's critical lifeline -- ensuring a high degree of network availability and resiliency is paramount among key decision makers.”

He said ECHOtrade's New York offices will directly benefit from RCN Metro's regional expertise and resources -- and its deep understanding of the needs of this industry.

RCN Metro boasts an extensive bouquet of services including Ethernet, SONET, wavelength, video transport, Internet and more. TMCnet recently reported that OpenCape Corporation has chosen RCN Metro as its network partner to build and operate a 300-mile fiber network across Southeastern Massachusetts and Cape Cod.

The company’s high-capacity Synchronous Optical Network (SONET) provides affordable, fully redundant bandwidth solutions to customers across geographically diverse fiber routes. SONET, when combined with RCN’s Dense Wave Division Multiplexing (DWDM) services, offer capacity ideal for the densest telecommunications markets. Through its secure, unique rights-of-way, RCN also provides superior system integrity and convenient access to practically any building.

Jyothi Shanbhag is a contributing editor for TMCnet. To read more of Jyothi's articles, please visit her columnist page.

Edited by Patrick Barnard
 
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