Tata Communications is offering its global low latency network to enable financial markets across the globe to make fast transactions while lowering operational costs by as much as 35 percent.
Tata Communications, a global supplier of communications infrastructure and services, said it is using a multipoint Ethernet platform to enable the global network that connects Asia, the United Kingdom and the US.
Tata Communications said the fast and low latency solution is secure and reliable enough to accelerate global high frequency trading without the hassle of coordinating the connection with multiple network suppliers. With a single network provider across continents, country customers will simply focus on connecting low latency networks from city-to-city rather than exchange-to-exchange.
"The new low latency network is the latest cutting-edge offering in our portfolio. Global financial trading firms initially drove the need for this solution as every millisecond of latency is critical for trading. However, due to rising complexity and importance of specific mission-critical applications, we are also seeing an uptake in demand for similar levels of latency from a growing range of sectors and businesses," said John Hoffman, head, Ethernet Product Management, Tata Communications.
Tata Communications said its low latency network runs on Provider Backbone Bridging (PBB) technology which makes it highly scalable. The network is also capable of delivering effective point-to-point solutions. Customers are further given more options to vary topologies and bandwidth without causing any interruptions in the service.
"Tata Communications has been an aggressive early-mover in Ethernet and currently offers the largest multipoint-to-multipoint service network in the market. The combination of its strong global footprint, a broad portfolio of Ethernet choices, operational simplicity that helps to drive cost reductions and an unmatched PBB technology rollout, makes the company's new Low Latency offer compelling to prospects," said Joel Stradling, principal analyst, Current Analysis.
The new network comes with service level agreements (SLAs) that include near-real-time latency guarantees. Tata Communication said the latency is measured "every five minutes on a 24x7 basis, up to two decimals after the millisecond range from point-of-presence (PoP) to PoP.
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