The news is particularly relevant to global financial institutions, large corporations and major carriers that would like to migrate their networks to reliable and cost effective Ethernet transport. Hiberniaâs Transparent and Layer 1 GigE service provides SDH performance with full Ethernet functionality. The service will provide an additional network option for the aggregation of companies operating within Equinixâs network-neutral data centers, specifically the financial industry customers participating in the Equinix Financial eXchange service. This service provides a highly resilient and low-latency platform for financial trading exchange companies to interconnect with each other and multiple service providers.
âEquinix gives Hibernia a competitive advantage when it comes to diverse carrier-neutral sites.â states Eric Gutshall, Executive Vice President of Sales and Marketing for Hibernia Atlantic. âOur customers can logically decide to bypass major metro congestion points that continue to be failure points within most common designed networks. Cable cuts, routing and landing points in Asia Pacific and the Middle East should wake up network design architects to the reality of our world. Equinixâs aggregation of networks and financial trading companies give Hibernia a superior edge to the common, customary carrier route designs of yesterday.â
âOur Financial eXchange community approach provides financial organisations with secure, reliable and low latency connectivity to global financial trading centres as well as the speed and proximity to global execution venues that algorithmic and alternative trading strategies increasingly rely upon,â added Petrina Steele, Equinixâs Vice President for Business Development in Europe.
In addition to proximity services that offer direct market access to major trading exchanges, Equinix also provides its Financial eXchange community members with the high levels of connectivity they need to access the growing number of multiple trading venues they need to connect with in todayâs post MiFID and Reg NMS environments.
âEquinix already provides direct access to more than 300 networks. We are delighted to strengthen our connectivity offering with the Hibernia Ethernet solution. Hibernia Atlantic distinguishes itself from other submarine transport providers by its geographic diversity, but also by its continuous responsiveness to the demands of the marketplace,â concludes Petrina.