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Press Release -- September 1st, 2010
Source: eunetworks-private
Tags: Equipment, Ethernet, Exchange, Low Latency, Wavelength

euNetworks Delivers New Network Dedicated to the Finance Community

  • Completes first phase of a network development programme, with metro route optimisation and pre-installed capacity available.
  • New ultra low latency network route from key data centres in Slough, West of London, to financial exchanges and key data centres in the City of London.
  • Reduced latency to below 500 microseconds round trip between Slough and the City of London.

London, UNITED KINGDOM 1 September 2010 - euNetworks Group Limited (SGX: H23.SI), announced it has launched the first phase of an overlay network, dedicated exclusively to the needs of the financial community. The network platform is supported by dedicated fibre and dedicated optronics, ensuring euNetworks’ euTrade services provide the lowest possible latency. As a company who specialises in designing, engineering and building ultra low latency connectivity networks, deploying a network exclusively for the finance market is a natural step in continuing to support the bandwidth needs of the financial services community. Optimising fibre routes, avoiding unnecessary Carrier Points of Presence (PoPs) and deploying latest generation optical transmission equipment has enabled industry leading latencies for direct exchange-to-exchange connectivity, a key requirement for the trading market today.

As part of a network development programme underway, euNetworks has launched a new ultra low latency route running from Slough in West London to key financial exchanges and data centres in the City of London. euNetworks has reduced the latency on this critical route by over 20% and is now providing sub 500 microsecond round trip connections between Slough and sites in the City of London.

This new route enables further availability of the euTrade service portfolio which delivers tailored solutions with on-demand connectivity between all major Stock Exchanges and clearing houses across Europe. Ranging from dedicated fibre, to wavelengths, and Ethernet based services, euTrade delivers pre-installed capacity for quick turn-up to bespoke solutions on optimised routes for the lowest possible latency.

“As a bandwidth infrastructure company, we continue to develop and optimise our network to support the financial services community, working closely with our clients,” said Brady Rafuse, Chief Executive Officer of euNetworks. “Our customers need latencies that are measured as a round trip between two points they wish to directly connect. Our network programme focuses on this and our ability to optimise our metro paths is a valuable differentiator. The demand we have seen for this Slough route indicates that we continue to deliver a market leading service and engineering capability with our densely meshed network.”

About euNetworks

euNetworks Group Limited (SGX: H23:SI) is a bandwidth infrastructure provider, owning and operating 13 fibre based metropolitan networks across Europe connected with a high capacity intercity backbone. The company offers a portfolio of metro and longhaul Ethernet and Internet Protocol services including dark fibre, dedicated fibre, wavelength, Ethernet, and Internet. Enterprise and carrier customers benefit from euNetworks’ unique inventory of fibre and duct based assets that are tailored to fulfil their high bandwidth needs.

euNetworks Group Limited is headquartered in London and publicly listed on the Singapore Stock Exchange. For further information please visit www.eunetworks.com.

euNetworks Press Contact:

Hannah Fox

Marketing Director, euNetworks

P: +44 203 178 4394

M: +44 7717 896 446

E: hannah.fox@eunetworks.com

euNetworks

15 Old Bailey

London, EC4M 7EF

United Kingdom

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