(Gawkwire.com) Hibernia Atlantic and Megatrade Communications Services have announced today that Hibernia’s low latency Global Financial Network (GFN) is now available to all Megatrade members. With this new offering, Megatrade clients now have access to secure and diverse low latency connectivity solutions throughout Canada, the US, UK, and Europe.
With over 100 points of presence throughout North America and Europe, the GFN is built upon 24,000 kilometers of fiber optic cable ensuring maximum reach across key financial markets. Specifically engineered for ‘security through diversity,’ the GFN serves the global financial community with its low latency network solutions, including popular financial routes such as connections from New Jersey, and Chicago to Toronto.
Representing a wide variety of financial institutions and firms, Megatrade aggregates its purchasing power to secure the most optimal route and competitive rates for its large membership base. By accessing Hibernia’s GFN, Megatrade members, such as Canadian financial firms and exchanges, can now connect directly to Europe from Canada, bypassing U.S. points of presence for added diversity. Financial companies can also access GFN’s lowest latency routes, ensuring the fastest route for effective automated trading.
“Our financial membership base requires high performance networks with the utmost in reliability, and with Hibernia’s GFN we can deliver the most secure and diverse path for their critical data and trades,” states Barb Boznar, General Manager of Megatrade. “Our combined offering ensures delivery of fast, innovative services at some of the most competitive pricing in the marketplace.”
As time to market is so critical in today’s trading markets, Hibernia Atlantic guarantees Megatrade members rapid installation and deployment of fiber routes within a 5-day timeframe, along with guaranteed latency Service Level Agreements. Megatrade’s membership base of over 120 organizations can take advantage of the GFN with just one cross connect.
“To remain competitive, financial entities not only must have ultra fast connectivity to conduct trades, but also work with a trusted, experienced partner to deliver secure high performance solutions,” states Eric Gutshall, EVP of Sales and Marketing of Hibernia Atlantic. “Our partnership with Megatrade demonstrates our commitment in providing operational excellence to the global financial community.”
For more information on the Megatrade and Hibernia offer, please contact: Barb Boznar at Bboznar@megatrade.ca 416-943-4651 or Eric Gutshall at email@example.com.