BOULDER, Colo.--(BUSINESS WIRE)--Zayo Group Holdings, Inc. (NYSE: ZAYO), the global leader in Communications Infrastructure, was selected by a multinational bank to implement an ultra-low latency network for market and trading data. The private wavelength solution will leverage the network Zayo completed last year that connects the New York Stock Exchange (NYSE) data center facility with Equinix’s International Business Exchange™ (IBX®) data center and a third segment, completed in January, connecting to the NASDAQ Carteret data center.
The expanded route connects its key trading location(s) to the exchanges with the lowest latency fiber routes available. “In this case, the customer needed a competitive advantage, which our sub-millisecond network provides,” said Matthew Brouker, vice president of Wavelength Services. “It’s an excellent illustration of leveraging our embedded network to provide the customer with a solution to execute their latency-sensitive trading strategies.”
Zayo continues to see strong demand for private dedicated networks, in both dark fiber and wavelength form, from the financial industry since completion of the NYSE and NASDAQ routes. The volume of opportunities is predominantly driven by 40 Gigabit and greater network connections between the firms’ main data center environments, trading locations and the exchanges in order to support the movement of both trading and market information data.
Leveraging prior capital investment for construction of routes into the NYSE and NASDAQ trading locations, the associated incremental unlevered return of this transaction is very high and the payback period is rapid.
“The density of Zayo’s existing fiber infrastructure network continues to provide new customers with solutions in an accretive economic form,” said Brouker.
For more information on Zayo, please visit zayo.com.
About Zayo Group
Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud services to the world’s leading businesses. Customers include wireless and wireline carriers, media and content companies and finance, healthcare and other large enterprises. Zayo’s 110,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. In addition to high-capacity dark fiber, wavelength, Ethernet and other connectivity solutions, Zayo offers colocation and cloud services in its carrier-neutral data centers. Zayo provides clients with flexible, customized solutions and self-service through Tranzact, an innovative online platform for managing and purchasing bandwidth and services. For more information, visit zayo.com.