(The Hosting News) – Switch and Data (NASDAQ: SDXC) officially unveiled it’s plans today that Lexent Metro Connect, has become part of Switch and Data’s GeoReach program. Lexent Metro Connect has also completed its construction of a low-latency dark fiber network route to Switch and Data’s North Bergen site located at 5851 Westside Avenue in New Jersey.
Lexent provides dark fiber interconnectivity between Switch and Data’s North Bergen and 111 Eighth Avenue, New York, colocation sites and other leading New York Metro data centers and financial exchanges. This critical, low-latency interconnectivity provides high performance access for Switch and Data’s clients in both facilities.
“Providing reliable connectivity services and affordable network solutions are common goals Lexent shares with Switch and Data,” stated Ray La Chance, President and CEO of Lexent Metro Connect. “With our ultra low-latency dark fiber routes, Switch and Data clients can benefit from secure, high-bandwidth connectivity, cost effectively compared to traditional carrier options such as Ethernet private-line connectivity.”
Switch and Data’s GeoReach program is a select group of providers who have engineered their networks to meet the needs of the high-frequency trading community. GeoReach participants have engineered optimum paths from Switch and Data’s Financial EcoCentersSM to each of the regional liquidity providers to satisfy the requirements of the most latency-sensitive infrastructure. Firms can focus on their core operations and add each new ATS or Exchange using a low cost, minimal footprint, while still maintaining ultra low-latency communication across the financial markets.
“As a partner in our GeoReach program, Lexent’s network provides our customers with high-quality and resilient dark fiber network connectivity to a wide variety of customers in the financial services space,” said John Panzica, Vice President of Switch and Data’s Financial Services Practice. “Delivering multiple, robust connectivity options is key for our clients.”
GeoReach participants are a critical element of Switch and Data’s Financial EcoCenters, which provide mission-critical infrastructure to meet the security, volume and low-latency requirements of the electronic trading community. Switch and Data’s EcoCenters aggregate an ecosystem of the pre- and post-trade service provider, buy-side and sell-side communities into Switch and Data sites located in the geographic center of the major liquidity providers in New York and Toronto.