Financial Trading Solution Provider Deploys Low Latency Solution for Global Clients’ Trading Applications
SUNNYVALE, Calif., Sept. 7, 2010 — Juniper Networks® (NASDAQ:JNPR, news, filings) today announced that Atrium Network, a provider of smarter connectivity for the global financial community, has implemented more than 300 network end points using Juniper Networks switching, routing and security solutions. Atrium Network’s new network provides an ultra low-latency, high-performance platform for a wide range of trading and market data applications, plus Extranet access for its global clients across Europe, North and South America.
Using Juniper Networks EX Series Ethernet Switches, Juniper Networks SRX Series Services Gateways and Juniper Networks J Series Services Routers, Atrium Network provides access to their “Exchange Ring,” a fabric of fiber connectivity to all the main stock exchanges and trading venues across Europe, North America and South America which provides the basis of the Atrium Network’s Extranet. The Atrium Network Extranet connects multiple venues, brokers, market data providers, independent software vendors, clearance, settlement and depository allowing clients access to all parts of the trading life cycle.
“Being able to provide low latency networking is a fundamental differentiator in the financial services industry. Our clients are making split-second trading decisions that involve millions of dollars, so we need to offer a connectivity solution that minimizes delay,” said Emmanuel Carjat, chief executive officer, Atrium Network. “We chose Juniper’s solution because of its demonstrable track record in supporting the world’s most advanced trading platforms. Our customers need an efficient and effective way to access multiple global locations across our network and we need to ensure that we offer fast, robust, secure and fully scalable connectivity for our international trading customers.”
Using Juniper devices at client locations, Atrium Network is able to offer a broad range of access options to the “Exchange Ring.” The SRX Series provides secure access to the network for price-sensitive clients, while clients wanting a higher-performing device may use the J Series, and for the most latency intolerant clients, the EX Series is used as the low latency connection device. Customers can then access multiple locations across the network such as a cash equity venue in New York or a futures platform in London and trade multiple asset classes including Cash Equities, FX and derivatives enabling trading of multiple asset classes through their broker irrespective of geographic location.
“Juniper Networks supports a growing number of the world’s most advanced financial services organizations in delivering financial applications and services over networking solutions that provide performance, security and reliability needed to gain a competitive advantage,” said Abner Germanow, director of enterprise marketing, Juniper Networks. “Customers like Atrium Network need to know they can rely on the network to scale as high frequency traders demand increasing levels of bandwidth to handle the volumes of data being accessed, without adding complexity or compromising on the speed and resilience that a trading day demands.”
Powered by Junos® software, the EX Series switches provide high-performance, carrier-class connectivity for remote and branch offices, enabling fast and secure access to office applications and services. The SRX Series provides the essential capabilities necessary to connect, secure, and manage enterprise and service provider networks. The J Series offers secure, reliable high-performance network connectivity to branch and regional offices.
Juniper’s partner for the Atrium Network deployment was igxglobal, a leading network integrator in the field of low and ultra low latency networks, working with leading market data exchanges, financial extranet providers, and other financial service organizations.
About Juniper Networks
Juniper Networks is in the business of network innovation. From devices to data centers, from consumers to cloud providers, Juniper Networks delivers the software, silicon and systems that transform the experience and economics of networking. The company serves customers and partners worldwide, generating revenues exceeding $3 billion over the last year. Additional information can be found at www.juniper.net.
Juniper Networks and Junos are registered trademarks of Juniper Networks, Inc. in the United States and other countries. The Juniper Networks and Junos logos are trademarks of Juniper Networks, Inc. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.
PR Archives: Latest, By Company, By Date