Herndon, VA (PRWEB) April 24, 2012
CFN Services (http://www.cfnservices.com), a leading provider of managed automated trading enablement services, announced expansion initiatives in Europe to deliver enhanced trading solutions for European financial markets participants and extend connectivity between key European and North American financial centers.
The first initiative is CFN’s deployment of its Alpha Platform On-Demand™, the first globally-distributed, high-performance financial markets public cloud, delivering an on-demand cloud computing environment in proximity locations in London and Frankfurt. CFN’s second initiative will accelerate expansion of its core Alpha Platform™ low-latency connectivity, infrastructure and managed trading solutions into five additional financial hubs: Madrid, Zurich, Milan, Stockholm and Moscow. Combined, these initiatives will broaden access to CFN’s single-sourced, high-performance trading solutions across European financial markets.
“Our European expansion is in direct response to our clients’ needs,” said Mark Casey, President and CEO, CFN Services. “As brokers, dealers and trading firms move to diversify their trading strategies, they are increasingly looking to overseas markets. Our global, low-latency networks and high-performance infrastructure will enable European market participants to grow their businesses and expand into new markets.”
CFN will enhance its Alpha Platform™ for ultra-low-latency market data delivery and trade execution to enable the dynamic provisioning of a secure, enterprise-compliant, virtual cloud computing environment in proximity to European liquidity venues in the equities, options, futures, derivatives and the FX markets. With Alpha Platform On-Demand, clients can self-provision business-critical, front- and back-office applications on demand, supporting OMS/EMS, risk management, market data management, back-testing and clearing and settlement, while maintaining high performance, direct market access.
“Our core trading infrastructure services combined with our proximity-hosted cloud solutions provide a differentiated and compelling solution that can have a direct impact on trading performance and profitability. With cloud services becoming increasingly relevant in the global financial markets, European market participants now have expanded access to solutions that deliver the cost-savings and high performance required for today’s financial markets,” added Casey.
"CFN has a strong track record of delivering optimized solutions for the financial markets.” said Wil Tirado, VP of Network and Infrastructure Services, CFN Services. “We are consistently searching for opportunities to invest in our infrastructure so clients can capture new market opportunities. This European expansion is a key part of that strategy."
CFN will continue to expand its network and bolster its portfolio of solutions in the European and Asia-Pacific regions over the next six months. CFN’s Alpha Platform On-Demand will debut in Asia with nodes in Singapore and Tokyo providing APAC buy-side and sell-side firms and platform providers access to its high-performance on-demand public cloud services.
About CFN Services in the Global Financial Markets
CFN Services is a leading provider of automated trading enablement services that improve trading performance for some of the world’s most sophisticated financial markets participants. CFN developed the Alpha Platform™, a high-performance, global cloud for ultra-low- latency, market data delivery and trade execution across key liquidity venues and major asset classes worldwide. Buy-side, sell-side and trading application providers leverage CFN’s global, low-latency networks and proximity-hosted infrastructure to seamlessly integrate proprietary and best-of-breed trading applications. For more information about CFN’s infrastructure services and managed trading solutions, please visit: http://www.cfnservices.com/alphaplatform.
About CFN Services
CFN Services provides high-performance network and application delivery solutions for real-time, mission-critical applications. Leveraging FiberSource®, CFN’s global network optimization platform, the company deploys and manages low-latency networks and private cloud solutions to cost-effectively improve application performance in distributed IT environments. CFN’s global cloud platform connects more than 70 leading data centers across North and South America, Europe and Asia. For more information, please visit: http://www.cfnservices.com.