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Cable Technology Feature Article

November 17, 2009

Hibernia Atlantic Expands its Global Financial Network

By Carolyn J Dawson, TMCnet Contributor

Trans-Atlantic submarine transport cable provider Hibernia Atlantic recently announced that it will be extending its Global Financial Network (GFN) to include the Equinix (News - Alert) New York-2 (NY2) and the New York-4 (NY4) International Business Exchange (IBX) data centers in Secaucus, New Jersey.

This extension is part of Hibernia Atlantic’s (News - Alert) growing redundancy within the New York metro area and also bears testimony to the company’s will to deliver dependable connectivity solutions to its financial customers.

Many of Hibernia’s solutions help clients bypass significant traffic congestion points located at major city centers. This link with the Equinix Financial Exchange is an example for a highly sought after route for financial exchange traffic, moving from Chicago to Secaucus (cutting across Manhattan when the need arises) and across the Atlantic to Slough, UK (avoiding London when required). The Equinix Financial Exchange is a neutral electronic trading floor of active market participants situated in the NY2 and NY4 centers.

According to a company press release, Hibernia’s GFN is among the strongest, most dependable and fastest networks in the New York metro region catering to the needs of the financial community in the metropolitan area and beyond. It incorporates five different dark fibers providers across the region along with 13 network Points of Presence (PoPs).

Hibernia’s GFN is constructed using 24,000 Kilometers of fiber optic cable which has been laid over its versatile fiber optic network which extends to important financial destinations like Toronto, Montreal, Chicago, Boston, Philadelphia, Stamford, Weehawken, Secaucus, Newark, White Plains, New York, Frankfurt and London. Hibernia’s GFN is one of the few networks capable of meeting the challenging performance and dependability needs of the international financial community. It delivers quick, active, low-latency and high performance network connectivity to its users.

According to Bob McMann, VP of Provisioning and Procurement, “Our continued GFN expansion in New York metro and in other major financial centers reflects our core commitment to provide ‘security through diversity’—our company philosophy that offers world-class, redundant solutions to our financial customers. As always, we are committed to finding innovative ways to provide quality, diverse routes, low latency, and rapid provisioning to meet the demanding performance and reliability requirements of the financial community.”

Carolyn John is a Contributor to TMCnet. To read more of her articles, please columnist page.

Edited by Patrick Barnard