Business & Finance
Business and Finance
Business and Finance
Tue, April 19, 2011 ADVA Optical Networking's FSP 3000 Selected for CFN Services' Ultra-Low-Latency New York-Washington Trading Route
NORCROSS, GA and MARTINSRIED, GERMANY and MUNICH, GERMANY--(Marketwire - April 19, 2011) -
Optical Networking today announced that its solution has been selected by CFN Services to provide the industry-leading latency from Washington, D.C., to the New York/New Jersey trading venues. The availability of this route provides trading firms a competitive advantage for those who utilize data sourced from Washington, D.C. Leveraging ADVA Optical Networking's FSP 3000, the industry's lowest-latency transmission solution, the CFN optical-fiber network will provide the N.Y./N.J. financial community the fastest available access-3.7 milliseconds RTD-to the Washington, D.C., information sources.
ADVA Optical Networking will be available to discuss the FSP 3000 and CFN's New York-Washington, D.C., route on April 19, 2011, and April 28, 2011, at the A-Team Group conference, "The Business and Technology of Low-Latency Trading," being held in London and New York City, respectively.
"CFN is committed to maintain an evergreen network that can quickly and seamlessly react to market demands and changes. This latency improvement for D.C.-N.Y./N.J. provides another proof-point to this commitment," said Wil Tirado, vice president engineering and operations with CFN. "The ADVA FSP 3000 has firmly proven itself as the industry's best-performing solution for low-latency financial trading, which supports CFN's commitment to offer best-in-class solutions. ADVA Optical Networking's technology roadmap and team of more than 500 engineers best position our customers to stay on top of the innovative features and functions that are required in this space today and in the future."
"The differences in optical-networking routes and gear have grown more distinct and important as the tolerance to latency in executing trades has minimized," said Brian Quigley, senior director of global strategy with ADVA Optical Networking. "We have a long history of partnering closely with financial firms around the globe to help them satisfy evolving requirements and to achieve business objectives, and these lessons-learned continue to inform the ongoing development of our FSP 3000 solution. We look forward to working with CFN and the users of this innovative New York-Washington, D.C., network."
ADVA Optical Networking has served the financial community for more than 15 years, and the ADVA FSP 3000 platform has been successfully deployed by thousands of enterprise customers globally. For more information about the ADVA FSP 3000, please click here. To learn more about ADVA Optical Networking's low-latency solutions, click here.
ABOUT ADVA OPTICAL NETWORKING
ADVA Optical Networking (FSE: ADV) is a global provider of intelligent telecommunications infrastructure solutions. With software-automated Optical+Ethernet transmission technology, the Company builds the foundation for high-speed, next-generation networks. The Company's FSP product family adds scalability and intelligence to customers' networks while removing complexity and cost. With a flexible and fast-moving organization, ADVA Optical Networking forges close partnerships with its customers to meet the growing demand for data, storage, voice and video services. Thanks to reliable performance for more than 15 years, the Company has become a trusted partner for more than 250 carriers and 10,000 enterprises across the globe. For more information, please visit us at [ www.advaoptical.com ].
ABOUT CFN SERVICES
CFN Services is a provider of custom, high performance network and application solutions to sophisticated global financial markets participants and network operators worldwide, as well as delivering the on the promise of 3G and 4G networks for mobile operators. Leveraging its proprietary global transport planning platform FiberSource, CFN enables carrier, enterprise, and government network operators to optimize across the key network variables of latency, diversity, bandwidth, and cost. For more information, visit [ www.cfnservices.com ].
PUBLISHED BY:
ADVA AG Optical Networking, Martinsried/Munich and Meiningen, Germany
ADVA Optical Networking North America, Inc., Norcross, Georgia, USA
ADVA Optical Networking (Shenzhen) Ltd., Shenzhen, China
ADVA AG Optical Networking Campus Martinsried, Fraunhoferstr. 9a Martinsried/Munich Germany
WKN: 510300;ISIN: DE0005103006;
Listed: Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg,
Freiverkehr in Börse Berlin,
Freiverkehr in Börse Düsseldorf,
Freiverkehr in Bayerische Börse München,
Freiverkehr in Niedersächsische Börse zu Hannover,
Prime Standard in Frankfurter Wertpapierbörse,
Regulierter Markt in Frankfurter Wertpapierbörse;
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Source: ADVA AG Optical Networking via Thomson Reuters ONE
