Sidera Networks, the premier provider of fiber optic-based network solutions, is already known as the pinnacle leader in the provision of low latency to financial services firms and other high bandwidth customers. The company’s latest announcement regarding a major upgrade to its Xtreme Ultra Low Latency Network further reaffirms the reasoning behind its top-tier ranking.
“Since the development and launch of the Xtreme Ultra-Low Latency Network in 2010, Sidera Networks has proudly served the low latency requirements of financial services market,” said Clint Heiden, President of Sidera Networks. “We have committed to customers that we will maintain our low latency edge so that they can meet their application requirements, including electronic trading. When completed, this upgrade will deliver on that commitment,” continued Heiden, “additionally, low latency connectivity to NYSE’s Mahwah, NJ data center is critical to our customers. We will provide a unique, low latency connection to that facility.”
Sidera’s Xtreme Ultra-Low Latency Network will significantly reduce the latency between critical financial data centers and exchanges in the New York/New Jersey Metro area, including the newly connected Mahwah, NJ financial data center as well as 1400 Federal, Carteret, NJ, 300 Blvd East, Weehawken, NJ, 755 Secaucus Road, NJ, 165 Halsey St, Newark, NJ and 111 8th Ave, NY. The network remains the critical factor in the efficient execution of the trillions of dollars in trades that are carried by it each day.
“Network connectivity is key to any company’s ability to transact and access information,” comments Larry Tabb, Founder & CEO of the Tabb Group. “The New York/New Jersey market is an important region for the financial services market. There are exchanges; market data hubs and other key data housed in these data centers throughout the region. Network redundancy, reliability and accessibility to these information hubs are key concerns for companies as they architect their networks for more efficient communications.”
Sidera’s extensive base of global customers already counts on the company for diversity, low latency and performance across its suite of dark fiber, wavelengths and Ethernet services. In addition to the benefits of its Xtreme Ultra-Low Latency Network, Sidera’s clients also gain a market advantage from its seven Manhattan river crossings and unique conduit system in New York/New Jersey , a diverse route from New York to Washington, DC (Sidera’s Transcom Route) and the lowest latency routes from New York/New Jersey to Chicago, Toronto, and London.