Switch and Data, a provider of network neutral data center and Internet exchange solutions, reportedly announced that IPC Systems, Inc., a supplier of communications services for financial markets, had broadened its Ethernet Connection Services to cater to Switch and Data’s (News - Alert) sites in Chicago and New York.

 

The new development has resulted in customers of Switch and Data Web sites being provided with direct access to Ethernet private lines provided by ECS. These lines improve access to the stock exchanges and other market and trading data and applications.

 

ECS works to supply secure and reliable private Ethernet lines to manage inter-firm data communications and electronic trading. Trading firms will be able to obtain a wide range of secure, Ethernet private lines at speeds of 1.5 to 100 Mbps with problem-free connectivity from ECS.

 

The company’s Ethernet Connection Service is one of the key ways our customers connect with more than 3,400 ‘On-Net’ counterparties on the IPC global network, according to Peter Meroni, IPC’s (News - Alert) senior product manager.

 

“Increasingly, they want to know where our ECS service is available before requesting a formal quote,” Meroni said. “IPC provides connectivity to our network and Enhanced Voice Services through Switch and Data’s Chicago and New York sites, located in North America’s major financial centers. Potential customers can search Switch and Data’s Web MarketPlace for up-to-date details of ECS availability within the S+D footprint.”

 

ECS is a secure service that aims to supply bandwidth for individual circuits. There is no conflict, sharing, contention or queuing of traffic with ECS. Each circuit is runs across IPC’s SONET backbone. ECS also offers users point-to-point and point-to-multi-point connectivity options; while the IPC ECS is able to offer trading firms and IT and telephony departments round the clock solutions to connect with exchanges, electronic communications networks and an On-Net community of approximately 3,400 financial institutions.

 

“The electronic trading community is increasingly relying on IPC for direct market access and direct interconnectivity to satisfy new regulatory requirements,” said Ernie Sampera (News - Alert), chief marketing officer for Switch and Data.

 

“Switch and Data is delighted to add IPC to the roster of low-latency network service providers in our sites. IPC has a strong reputation for providing value to the financial markets and their ECS service will be a great option for our financial services customers,” he said.

 

Last year, Switch and Data had increased its data center capacity to more than a quarter-million square feet to cater to important communication markets of North America such as Dallas, New York Metro, Northern Virginia, San Francisco Bay Area and Toronto.