Post Sandy: FCM360 Sidesteps New York City Internet Vulnerabilities To Boost Financial Hosting Reliability

NEW YORK, Jan. 30, 2013 /PRNewswire/ -- In the wake of Hurricane Sandy, FCM360 (http://www.fcm360.com) has launched a new low-latency Internet solution that will bypass of New York City in the event of power and network outages. The move makes FCM360's Equinix and Savvis-based datacenter solutions even more resilient in the event of natural disasters, terrorist attacks or internet and power failures.

During Hurricane Sandy FCM360's redundant networks provided continuous uptime for its financial trading customers in New York. In the wake of the super storm that flooded Wall Street and devastated parts of New York and New Jersey, the high-speed, low-latency infrastructure provider has further bolstered client access to data by bypassing major weaknesses in New York's Internet and fiber routes.

"While FCM360's New Jersey proximity hosting facilities had continuous power and Internet access during the entire period of Sandy, outages in Manhattan created black holes in major telecom carrier facilities. This prevented some of our international and domestic clients from connecting to our New Jersey proximity hosting centers. To eliminate any future such occurrences, we have now built a new Internet ring that bypasses New York City during any future disasters," said Jubin Pejman, Managing Director of FCM360.

Explained Pejman, "Our new reliability solution creates a ring that provides IP transit along the northeast portions of New Jersey through to New York State, Long Island and Connecticut where major bank operations are located completely bypassing New York City."

Demand for low-latency, proximity hosting in the New York area has expanded markedly over the past five years and commitments have greater significance in financial markets, making reliability paramount when it comes to daily trading activity. For details see: Securities Technology Monitor.

"FCM360's low-latency network and managed proximity hosting services provides traders with the easiest way to connect to brokers and liquidity using a single underlying technology provider. Furthermore, the FCM360 financial cloud ensures that the cost and effort to maintain low-latency trading infrastructure is within budgetary reach of all traders," notes Pejman.

FCM360 (http://www.fcm360.com) specializes in turnkey datacenter solutions for traders and exchanges. This includes proximity hosting for high frequency trading, low-latency trading, automated trading, algorithmic trading and exchange connectivity. FCM360 provides low-latency exchange connectivity to over 50 exchanges including CME Group, NYMEX, COMEX, CBOT, KCBOT, ICE OTC, ICE Futures, CBOE, Toronto Montreal Exchange(TMX), Australian Securities Exchange(ASX), Singapore Exchange(SGX), BM&F Bovespa, Mexican Derivatives Exchange(MexDer), BATS, NYSE LIFFE, NASDAQ OMX United States/Europe, NYSE Euronext, London Stock Exchange(LSE), Toronto Stock Exchange(TSX), Currenex, Hot Spot FX, Integral FX, Direct Edge, FX All, TradeStation, ICAP EBS, Reuters Dealing 3000, Lava FX and more.

CONTACT:
Dick Pirozzolo
1-781-235-9911
[email protected]  

SOURCE FCM360