connectivity, have launched QuanTA, the fastest trans-Atlantic network
connection between major financial exchanges.
QuanTA creates new opportunities for trading firms on both
sides of the Atlantic. Moreover, the partnership between Perseus Telecom and
Reliance Globalcom will assist customers to benefit from high-speed, ultra
low-latency network connection across the Atlantic.
Perseus Telecom and Reliance Globalcom will leverage an
existing system on FLAG Atlantic-1 (FA-1) North cable, a trans-Atlantic
six-fiber pair system between Long Island, New York and Lands End, United
Kingdom.
The ultra low-latency link represents a capital assured,
cost-efficient solution for the sub-60ms RTD latency financial market
participants require across the Atlantic.
“Fast-paced trading environments demand even faster
connectivity, particularly across the Atlantic where, traditionally, the patchwork
grid of cable systems across the ocean had not allowed for a truly low-latency
network,” said Jock Percy, CEO of Perseus Telecom.
“Being one of the world’s leading carriers with
connectivity across the globe, we are happy to announce that Reliance Globalcom
now offers the fastest ultra low-latency route on FA-1. With this service, we
are now connecting the U.S. and U.K. on the fastest link, addressing the
business needs of our customers, especially in the financial sector, to help
them gain a significant market advantage,” Rory Cole, president and COO –
Carrier Business, Reliance Globalcom.
The launch of QuanTA provides trading firms with a more
secure, low-latency and efficient network connection across the Atlantic. Now,
firms tapping into liquidity at exchanges in the U.S. and Europe can do so with
guaranteed minimal latency on a highly reliable connection, minimizing
potential risk in network outages or latency.
Perseus Telecom customers include: banking, finance and fund
management institutions, broadcast media and entertainment companies, law firms
and capital partnerships, global manufacturers, and pharmaceutical companies.
Reliance Global Enterprise Business works with over 5,000
corporations across 6 continents. It owns the largest private cable network in
the world with over 285,000 km of fiber optic cabling including 73,000 km of
sub-sea fiber.
Through strategic relationships with over 700 network
service providers across the world, Reliance Global Enterprise Business
provides assured connectivity to over 163 countries and territories, with the
capability to reach 230.