NYSE Technologies Extends its Decade-Long Relationship with Sidera Networks
Sidera Networks continues to provide NYSE Technologies, the commercial technology division of NYSE Euronext, with ultra-low latency connectivity solutions. NYSE has extended its decade-long partnership with Sidera, ensuring the continued connectivity and support of one of the highest-performance, lowest-latency global networks, NYSE Technologies’ Secure Financial Transaction Infrastructure® (SFTI®).
Sidera’s optimal network solutions have been a key solution for NYSE’s SFTI® network, which provides critical infrastructure solutions to the financial community and serves as the connection to NYSE Euronext markets globally, for more than 10 years. By extending its relationship through 2014, NYSE will continue to partner with Sidera to ensure connectivity for its financial community customers.
“Sidera continues to invest in our network to meet the stringent diversity, availability, and latency demands of the financial services sector,” adds Clint Heiden, President of 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.”
It is no wonder that Sidera is able to maintain strategic, long-term relationships with its clients; the company is at the forefront of innovation, continuously developing and deploying new technologies to assist its clients in keeping up with the ever-changing business world. One example is Sidera’s recent major upgrades to its Xtreme Ultra-Low Latency Network, which significantly reduces latency between critical financial data centers and exchanges in the New York/New Jersey Metro area. With the execution of trillions of dollars in trades each day, the network remains one of, if not the most critical factors in the efficient completion of high-frequency/algorithmic trades. Every second that firms waste reacting to market events can represent millions of dollars in lost opportunity.
Sidera’s Xtreme Ultra-Low Latency Network provides strategic advantages to financial services firms and other high bandwidth customers who value both diversity and low latency while guaranteeing optimal business performance. Sidera’s services include dark fiber, wavelength and Ethernet. To learn more about Sidera’s services, visit www.sidera.net or follow Sidera on Twitter @sideranetworks.