NYSE Euronext has selected Verizon Business, a unit of Verizon Communications, as a provider of high-speed connectivity for its new SFTI Optic service.
Verizon has said that it will provide extremely low-latency connectivity from customer premises into the exchange’s SFTI access centers, which enable SFTI Optic wavelength low-latency access into their colocation racks in NYSE Euronext’s new, European Liquidity Center.
Chandan Sharma, global managing director of financial services practice at Verizon Business, said: “Downtime isn’t an option for the financial services environment – time delays can literally equate to money lost. Companies need to be able to trade in real time and rely on high-speed, secure and reliable connectivity solutions, such as those provided by Verizon Business, to maintain their strategic competitive advantage.
“Our continued relationship with NYSE Euronext has enabled us to work closely with the customer and supply connectivity solutions that support the company’s strategic business goals and future business expansion.”