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August 06, 2012

NYSE Technologies Signs New Service Agreement with Sidera Networks



By Jyothi Shanbhag
TMCnet Contributor



NYSE Technologies, the commercial technology division of NYSE Euronext, has recently signed a new service agreement with Sidera, a provider of fiber optic-based network solutions, to avail ultralow latency connectivity of its SFTI network.

NYSE Technologies has been in relationship Sidera for many years now to use Sidera’s network solutions as a key component of its Secure Financial Transaction Infrastructure (SFTI) network, which provides critical infrastructure solutions to the financial community and serves as the connection to NYSE Euronext markets globally.

“Sidera continues to invest in our network to meet the stringent diversity, availability, and latency demands of the financial services sector,” adds Clint Heiden (News - Alert), president, Sidera Networks. “We are pleased that NYSE Technologies has continued to select Sidera to support their growing network needs and we look forward to continuing to solve network challenges for 2014 and beyond.”

Sidera Networks (News - Alert) offers a comprehensive suite of facilities-based services including: Ethernet, SONET, Wavelength, Dark Fiber, Internet Access, and Colocation. The flagship product, Xtreme Ultra-Low Latency Network from Sidera, offers strategic advantages to financial services firms and other high bandwidth customers who value both diversity and low latency while guaranteeing optimal business performance.

The company was recently in news for releasing an enhanced Xtreme Ultra-Low Latency Network, thereby considerably decreasing the latency between important financial data centers and exchanges in the New York/New Jersey Metro area.



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Edited by Brooke Neuman
 
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