European fibre deal for euNetworks
[30.05.2007 first posted on silicon republic]
EuNetworks has concluded a deal with Deutsche Borse to deploy private fibre networks across its European client base.
Deutsche Borse Systems links clients across the globe to the electronic trading, clearing and settlement systems From the end of May, ‘dark’ fiber connections will be used between clients nd Deutsche Borse access points. Dark fiber connections are fibre-optic connections that offer virtually unlimited bandwidth.
Deutsche Börse Systems quadrupled the bandwidth of the Eurex and Xetra trading systems in December 2006 and introduced the optional 2Mbps and 1Gbps connection types for Xetra in April. Dark fiber will allow such upgrades to be implemented much faster in future.
The ever-increasing volume of data in electronic stock exchange trading is prompting these higher bandwidth requirements.
“Our cooperation with euNetworks puts us in a position to realise changes requested by our clients within a very short time span. This represents a further step in the constant optimisation of the latency and efficiency of our infrastructure,” said Michael Kuhn, CIO of Deutsche Börse.
“We are delighted to have been selected by Deutsche Börse for this exciting project which will see Deutsche Börse and euNetworks connecting and rolling out services to numerous financial institutions on dedicated fibre networks. EuNetworks, as the owner and operator of one of Europe’s highest-capacity networks, was uniquely positioned to provide the density of fibre required, enabling the Deutsche Börse and the financial services sector with the redundancy, security and resilience demanded,” said Noel Meaney, CEO, euNetworks.
By Niall Byrne
Posted: May 30th, 2007 under news, Enterprise.