Spread Networks Collaborates with Endace to Provide Real Time Measurements of Low Latency Wave Service
Ridgeland, MS and Chantilly, VA - November 22, 2010
- Spread Networks, LLC, a privately owned
telecommunications provider, today announced a relationship with
Endace, a world leader in high-speed network traffic capture, and
analysis, to provide microsecond-accurate latency measurements for
Spread Networks' low latency wave service, effective
immediately.
Spread Networks low latency wave service offers one and ten
gigabit waves connecting Chicago and New York, at a guaranteed
round-trip latency of 15.75 milliseconds. To provide unparalleled
latency transparency Spread Networks has joined forces with Endace,
the leader in packet capture and timestamping. Spread Networks will
display real-time measurements of its low latency wave service on
its web site (www.spreadnetworks.com), using the latency monitoring
capability provided by Endace.
"Spread Networks was built from the ground up to provide customers
ultra low latency connectivity between America's two largest
financial centers. We are fully committed to providing our
customers the utmost in speed, diversity and reliability. By
working closely with Endace we are providing an accurate and
independent measurement of the latency across our wavelength
service," said W. Brennan Carley, SVP Product Marketing, Spread
Networks. "The latency reduction achieved through our network is a
cornerstone of our service offering, which is why we have chosen to
work with Endace's proven technology to ensure that the end to end
accuracy of the latency measurement is better than one
microsecond."
Kevin Formby, VP Business Development, Endace said "We're
delighted to be collaborating with Spread Networks on this
initiative. Latency information is a critical input into modern
trading strategies and to this point, service providers have
struggled to provide the accuracy that High Frequency Traders are
demanding. With highly accurate packet capture and timestamping
capabilities, our technology is uniquely placed to help support
this kind of initiative."
Spread Networks inaugurated its private dark fiber network in
August 2010, establishing the benchmark for ultra low latency
connecting New York and Chicago. In October, Spread Networks
announced its low latency wave service. Spread Networks low latency
wave service is a fully managed and secure point to point Ethernet
service designed for customers that value low latency connectivity
between the nation's largest financial centers. In addition to
electronic trading firms, this service is ideal for brokers, market
data vendors, exchanges, electronic communication networks (ECN)
and alternative trading systems (ATS) that value low latency. The
network is monitored by a dedicated customer service team and
backed by a competitive service level agreement.
About Spread Networks
Spread Networks, a privately own telecommunications provider,
built a new fiber network from the ground up, connecting New York
and Chicago to set a new standard for latency. Without the drag of
traditional telecommunications offerings, Spread Networks provides
its customers with a state-of-the-art diverse and secure fiber
optic network to allow data to run as close as possible to the true
speed of light through fiber. www.spreadnetworks.com
Contact:
media@spreadnetworks.com
About Endace
For organisations that rely on their data networks to do business,
Endace provides high performance network security, traffic
analysis, latency measurement and application acceleration
solutions that capture, inspect and report on every single data
packet.
Our product portfolio, based on proprietary DAG technology,
includes multi-function, multi-application EndaceProbes™ and a
comprehensive range of powerful management, measurement, alerting
and analytics applications.
These products provide the broadest, most capable range of packet
capture technology, for any interface, speed or packet type from 10
Mb/s up to 40 Gb/s. We enable our customers to be confident in
their information security, regulatory compliance, service
performance and traffic monitoring by giving them the *power to see
all.*
Based in Auckland, New Zealand, Endace also has offices in the
U.K. and the United States. Quoted on London's AIM, the stock
code is LSE: EDA.
Contact:
tim.nichols@endace.com
