In the financial services industry, speed is key. In order for service providers to access financial hubs, they need the fastest connectivity possible.
Hudson Fiber Network (HFN), a transport and IP services provider, has recently partnered with Cross River Fiber, CLEC and boutique dark fiber solutions provider to provide connectivity from Mahwah, NJ to three remote financial locations in Secaucus, Newark and Carteret.
At yesterday’s Telecom Exchange 2012 event in New York City, HFN CEO Keith Muller told TMCnet, “We cater to the financial services industry. The financial industry makes up 70 percent of HFN’s business.”
The new routes follow a recent news announcement by NYSE that they are opening their Mahwah data center facility to outside carriers serving the financial trading community. These service providers will now have the ability to access three key financial hubs at the fastest speeds available via the Mahwah route. Customers will choose from dark fiber, lit services and passive wave circuits along the new routes.
“We are thrilled to provide access to such critical routes and thrilled to have entered into this strategic alliance with Cross River Fiber,” said Brett Diamond, president, HFN. “Their expertise in building ultra-low latency network solutions for the financial community makes them the ideal partner to deploy on such strategic services for our customers.”
“HFNs’ investment in these new routes underscores their commitment to delivering low-latency, high-bandwidth network solutions to financial customers throughout North America and on a global basis,” said Vincenzo Clemente, CEO, Cross River Fiber.
In related news, HFN and Cross River Fiber have also announced a new ultra-low latency route between 755 Secaucus Road in Secaucus, NJ and 300 Boulevard East in Weehawken, NJ. As the fastest fiber path between these two locations, this route will provide the lowest latency connectivity available to customers trading via exchanges colocated at these sites.
“Customers are not only seeking connectivity to the primary exchanges, but they also require the necessary infrastructure support to deliver increasing data volumes at the lowest latencies possible,” said Brett Diamond, president, HFN.
This new path will provide customers with the flexibility to select from dark fiber, lit services and passive wavelength services.
“If a client comes to us, they can’t get the same offering from any other carrier. We are very transparent in what we do and it has gained us traction with largest financial companies,” Muller said of HFN’s services.
With speed being a necessity in the financial services industry, Vincenzo Clemente, CEO of Cross River Fiber said it was very important to work with a trusted leader in ultra-low latency connectivity in order to build the fastest route between the two locations.
From this year’s Telecom Exchange, HFN hopes to take away some more carrier relationships and hook up with some potential new clients (carrier or end users, different network service providers).
Later this year, HFN would like to strengthen its international expansion, accomplish density on the network, network expansion, and continue to create the shortest paths between data centers.
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