Hibernia Atlantic Reduces Latency Across Global Financial Network

An image of Hibernia Atlantic's global financial network

(WEB HOST INDUSTRY REVIEW) — High-bandwidth connectivity provider Hibernia Atlantic (www.hiberniaatlantic.com) announced on Wednesday that it has further reduced latency across key financial routes on its Global Financial Network.

This move comes a week after the company announced it has secured a $250 million investment for its Project Express, connecting the New York City area with London. This new build is expected to be complete in summer 2012.

Hibernia Atlantic says with improved latency GFN routes, such as the route connecting New Jersey to Toronto, takes 9.5 milliseconds round trip.

“Our team is continuously on the cutting edge of faster technologies and continuously leveraging shorter routes to further advance our Global Financial Network,” Eric Gutshall, EVP of sales and marketing of Hibernia Atlantic said in a statement. “Today’s traders must capitalize on microsecond improvements in their networks in order to be faster than their competitors and the GFN was designed to offer them this advantage. Coupled with our latest announcement, Project Express, we are even better positioned to meet the demanding requirements from brokers, financial firms, Exchanges and market data providers.”

The GFN connects financial exchanges, carrier hotels and data centers with over 14,913 miles of fiber optic cable.

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