Telecom Lead India: Tata Communications has
launched a low latency network that will enable financial firms to execute a
high frequency trade between locations.
The network will also connect major financial capitals in
Asia, the United Kingdom and the United States for financial trading.
The company claims this secure and fast low latency
solution will enable financial firms to perform a high frequency trade through
a single network and single supplier model.
The network is the first low latency service that offers
a pure multipoint Ethernet platform to the financial services sector and other
global industries.
Tata Communications has been an aggressive early-mover
in Ethernet and currently offers the largest multipoint-to-multipoint service
network in the market,” said Joel Stradling, principal analyst, Current
Analysis.
The new network, with its low latency service accelerates
global high frequency trading and other low latency applications.
The company further claims that its low latency
multipoint service has been designed to offer up to 35 per cent savings on
circuit and operations costs.
The new low latency network is the latest cutting-edge
offering in our portfolio. Global financial trading firms initially drove the
need for this solution as every millisecond of latency is critical for trading.
However, due to rising complexity and importance of specific mission-critical
applications, we are also seeing an uptake in demand for similar levels of
latency from a growing range of sectors and businesses,” said John Hoffman,
head of Ethernet Product Management, Tata Communications.
The new network enables customers with low latency needs
to work with a single global supplier instead of multiple country-specific
point-to-point network providers.
The new solution allows customers with low latency need
to take advantage of an unparalleled range of topologies, bandwidth options,
and monitoring options.
Tata Communications picks IPsoft to enhance false answer
supervision
Recently, Tata Communications selected IPsoft to enhance
its False Answer Supervision detection programs across its international voice
termination solutions.
editor@telecomlead.com
