NEW YORK, N.Y., January 24, 2006 - Sector, Inc.Â®, a leading managed services, communications, and market data provider for the financial services industry, and its parent company the Securities Industry Automation Corporation (SIACÂ®), the company that developed the Secure Financial Transaction Infrastructure, (SFTIÂ®) today announced that clients can utilize SFTI B2BSM for communications services to the Montreal Exchange. SFTI B2B from Sector enables firms to employ existing connectivity to SFTI to communicate with exchanges, market centers and content service providers not hosted by SIAC.
"Sectorâs SFTI B2B, is another state-of-the-art technology solution allowing market participants to connect to the Montreal Exchange (MX)," stated Glenn Goucher, Senior Vice-President, Financial Markets at the Montreal Exchange. "Market participants will have access to a high-performance connectivity solution to MXâs data feeds. We look forward to a prosperous relationship with Sector in meeting customer needs."
"The Montreal Exchange is another first-rate addition to SFTI B2Bâs network," stated Allan Graham, Senior Vice President at Sector. "We will be working closely with the Montreal Exchange to help clients determine bandwidth needs based on their architecture, system and market needs." Powered by SFTI, SFTI B2B allows clients to connect to the Montreal Exchange for market data feeds for futures, and options and futures for best limits or market depth.
SFTI is nationally recognized for its resiliency and redundancy. Based on proven state-of-the-art technology, SFTI B2B provides clients with a communications platform of unparalleled diversity and reliability that will carry their order flow and other critical data communications through a closed, high bandwidth, optical and highly available network. SFTI has garnered industry-wide acceptance and endorsements from numerous government agencies and industry organizations including, the Presidentâs National Security Telecommunications Advisory Committee (NSTAC), The U.S. Treasury Department, the Government Accountability Office (GAO), the Securities Industry Association, and the Bond Market Association.
In addition to connectivity to SFTI B2B, Sector offers multiple WAN technologies and architects customers "first mile" service with vendor and route diversity.