Exponential-e Finance, the Next-Generation Network provider of low-latency services to the financial industry today announced that Sentronex has joined the Exponential-e Financial Exchange Community. The two companies have teamed specialist disaster-recovery services with a high-speed next-generation network to give secure protection to customers’ business critical market data and trading applications and to ensure that the trading environment remains operational regardless of the availability of the primary business location.
Sentronex enables financial institutions to meet their business continuity obligations as required by the FSA, with Sentronex practices also observing the new EU code, MiFID. The company offers a fully comprehensive disaster-recovery service, including Business Continuity Plan writing, physical office space, IT hosting and consultancy services, providing clients with a totally managed Business Continuity service to ensure they remain operational during a disaster.
Sentronex’s disaster-recovery solution, which includes fully equipped and ready to-go back up offices, as well as hosting facilities and data centres, can now be directly accessed via a single Ethernet connection from Exponential-e’s Financial Markets Service Creation Platform (FM-SCP). FM-SCP is a high-speed, secure and scalable Ethernet network which hosts over 150 buy-side and sell-side financial organisations. Members get all the advantages of peer-to-peer connectivity and a simple, secure and private environment from which to connect with each other, trade and share applications.
The unique next-generation network characteristics of Exponential-e’s FM-SCP means that Sentronex’s full capabilities are made available to each site within the customers’ entire wide area network. This centralisation of the Disaster-Recovery resource cuts costs significantly and ensures there is no single point of failure throughout the WAN. One resilient, low latency connection into the FM-SCP gives customers access to a range of plug-and-play services in addition to the disaster recovery service. These services include market data feeds from Chi-X, BATS Trading, Turquoise and NASDAQ OMX as well as WAN applications such as voice or virtualisation and niche financial applications.
Russell Dewis, Head of Finance Business Development, Exponential-e said: “We are consistently required to deliver high quality flexible solutions in line with the needs of the market. It is important that our partners are also closely aligned to this vision. Sentronex are experts in the provision of business continuity to the financial community and similarly provide high quality innovative services. Our partnership provides the opportunity for organisations to improve quality and reduce cost in the management of risk.”
Joe Sluys, Managing Director, Sentronex, said, “Consistently providing our clients with the very best in business continuity services means keeping up to date with cutting edge technology. Exponential-e were the clear choice, due to the technology surrounding their network and their experience within the financial community.”
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About Exponential-e’s Financial Markets Community
Exponential-e’s finance unit is dedicated to serving the needs of the finance industry. Designed for latency-sensitive trading applications, Exponential-e’s next-generation network supports the finance industry’s move to algorithmic trading, direct market access and best-execution policies. Low-latency connectivity, financial data feeds and associated applications and services are available to the finance community. The company’s Financial Markets Service Creation Platform (FM-SCP) is a networked community of buy-side and sell-side financial organisations. Hosted as a single community from Exponential-e’s highspeed, secure and scalable Ethernet network, members get all the advantages of peer-topeer connectivity and a simple, secure and private environment from which to connect with each other and share financial data and applications.
Exponential-e Finance is the equity markets and financial services arm of Exponential-e Ltd the UK’s most established provider of MPLS-based VPLS services and next-generation Ethernet applications to enterprise.
Exponential-e currently has more than 150 financial institutions within its FM-SCP connecting, trading and sharing rich content.
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+ 44 (0) 20 7096 4098
helen.simpson@exponential-e.com