Switch and Data’s GeoReach Program Adds Hibernia Atlantic’s Global Financial Network
February 23, 2010
Switch and Data, a provider of data center and Internet exchange services, said this week that Hibernia Atlantic’s Global Financial Network (GFN), an exchange connectivity platform, has become part of Switch and Data’s GeoReach Program in North Bergen, N.J.
Hibernia’s GFN provides a fiber network which is dedicated to global capital markets across all asset classes in the U.S., Canada, Europe and the Pacific Rim. The network unites hundreds of financial exchanges and global banks with a single connection. GFN offers connectivity to its Trans-Atlantic network, including access to key exchanges, banks and counterparties.
“As a part of Switch and Data’s GeoReach Program, we will be able to provide further connectivity throughout North America and Europe from Switch and Data’s New York EcoCenter in North Bergen,” states Joe Hilt, vice president of sales, North America, for Hibernia Atlantic GFN. “Our network will provide the companies colocated there with low-latency and secure global connectivity, all with one dedicated point-to-point service.”
Switch and Data's GeoReach program is a select group of providers, such as Hibernia Atlantic, 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 EcoCenters to each of the regional liquidity providers to satisfy the requirements of the most latency-sensitive infrastructures.
“Hibernia’s GFN is a great addition to our program as it provides our customers with access to global banks and the world’s leading exchanges,” continues John Panzica, vice president of Switch and Data’s Financial Services Practice. “Providing secure, large-bandwidth capacity is crucial for our EcoCenter clients.”
Switch and Data’s Financial EcoCenters aggregate an ecosystem of the pre- and post-trade service providers, buy-side and sell-side communities into the geographic centers of the major markets of New York and Toronto.
