Alpha Alliance™ Enables Trading Services Firms to Collaborate and Deliver Industry-Leading Solutions for the Global Financial Markets

Herndon, VA (PRWeb).  July 27, 2011 — CFN Services, Inc., the leading provider of managed high-frequency trading enablement services, today announced the Alpha Alliance™, an innovative network of trading services firms delivering fully integrated and customizable solutions for the global electronic trading market.  The Alpha Alliance brings together best-of-breed trading technologies, applications, and services across the full trading life cycle, from analysis and decision-making, to risk management, execution, and settlement of the trade.

Alliance partners deploy their solutions on CFN ’s Alpha Platform™, a low latency trading infrastructure offering the highest performance for market data delivery and trade execution worldwide.  Technology partners rapidly deploy their applications and services on a proximity hosted platform as part of a comprehensive solution, improving application delivery performance while lowering costs and expanding access to new markets.

Alpha Alliance partners collaborate to develop full service enhanced, customized solutions that best advance the unique trading strategies of their clients. With access to the technical capabilities and market-specific expertise within the Alpha Alliance network, clients and business partners interact in completely new ways.  Trading firms ultimately benefit from having access to the market-leading solutions necessary to remain competitive in today’s rapidly evolving financial markets.

“CFN is very excited to play a pivotal role in taking automated trading solutions to the next level,” said Mark Casey, President of CFN Services. “Bringing the best technology, product and service firms together on one platform enables next-generation trading solutions capable of fully leveraging the rapid growth in global electronic trading. Alpha Alliance members are setting the standard for high performance trading.”

To find out now how Alpha Alliance can bring your trading solutions to the next level

About CFN Services in the Global Financial Markets
CFN Services is a leading provider of managed high-frequency trading enablement services, providing solutions that accelerate market data delivery and trade execution for some of the most sophisticated financial markets participants worldwide. CFN Services operates the low-latency  Alpha Platform™, a high performance low latency global infrastructure that accelerates trading performance for automated traders across key liquidity venues in the equities, options, futures, derivatives, and FX markets. CFN is the sponsor of the Alpha Alliance which is setting the standard for next generation infrastructure and providing leading edge trading solutions. For more information visit CFN Services website

About CFN Services

CFN Services provides high performance network and application delivery solutions for real-time, mission critical applications. Leveraging FiberSource^®, a global network optimization platform, CFN Services builds low-latency private cloud solutions to solve the performance challenges of latency and jitter in distributed IT environments. Whether the application and data are dispersed across town or around the globe, CFN Services deploys turnkey solutions within and between public and private data centers in North and South America, Europe, and Asia. For more information: http://www.cfnservices.com

Press Contacts:

Judy Misbin-May, CFN Services

+1-703-788-6633

judy.misbin-may@cfnservices.com

Inside Market Data, an Incisive Media Publication, has named CFN Services, a finalist for the 2011 Inside Market Data – Best Data Networking and Infrastructure Provider. Inside Market Data and Inside Reference Data Awards recognize industry excellence with market data, reference data and enterprise data management. CFN Services is joined by 6 other firms in this category including; NYSE Technologies , Thomson Reuters, and Equinix.

“We are pleased to be included among the leading companies in this category,” said Mark Casey, President and CEO of CFN Services, “this recognition is validation of our commitment to our clients, and our optimized delivery of their market data and trading applications worldwide.”

Judges for this category include representatives from Morgan Stanley, JP Morgan Chase and HSBC among the 12-member panel. The awards are presented annually to recognize achievement in market and reference data, as well as enterprise data management. The winner of the 2011 award will be announced in New York on May 24, 2011.

Norcross, Georgia, USA and Martinsried/Munich, Germany. April 19, 2011. ADVA Optical Networking today announced that its solution has been selected by CFN Services to provide the industry-leading latency from Washington, D.C., to the New York/New Jersey trading venues. The availability of this route provides trading firms a competitive advantage for those who utilize data sourced from Washington, D.C. Leveraging ADVA Optical Networking’s FSP 3000, the industry’s lowest-latency transmission solution, the CFN optical-fiber network will provide the N.Y./N.J. financial community the fastest available access—3.7 milliseconds RTD—to the Washington, D.C., information sources. Read More

NEW YORK, NY–(Marketwire – April 14, 2011) - Telx®, a leading interconnection and colocationprovider instrategic North American markets, today announced that CFN Services, a leading provider of managed highfrequency trading (HFT) enablement services, has joined its Financial Business Exchange (FBX), a facility-based infrastructure platform that provides the capital markets community with unmatched proximity, latency and choice. As part of the FBX community in Telx’s world-classdata centers in Chicago and New York City, CFN Services canexpand the geographic reach of its global services by offering financial markets customers secure, low latency access to its Global Managed Financial Exchange Platform.

“CFN is pleased to be part of the Telx Financial Business Exchange, as it complements our Global Managed Financial Exchange Platform,” said Sebastian Yoon, Vice President of Financial Services Solutions for CFN Services. “CFN Services’ Financial Ecosystem seamlessly provides best in class, integrated, single source infrastructure solutions customized for each of our client’s needs, an approach that Telx shares. Partnering with a provider such as Telx FBX augments our ability to offer unique service level agreements, as well as optimized delivery and cost efficiencies for market data and low latency trading infrastructure.

CFN Services’ Global Managed Financial Exchange Platform is comprised of over 100 data centers connecting to thousands of market participants, including clients, brokers, exchanges, clearing houses, CSDs and market data providers in global futures, options, equities and FX exchanges. This platform allows trading firms to receive single vendor support of geographical and asset class diversity trading strategies. CFN Financial Exchange Platform is a vendor neutral infrastructure providing managed solutions for managed hosting, connectivity, hardware, network device monitoring, management and reporting, ensuring that each CFN client has the ability to receive the best solution to meet individual trading strategy; no two firms have the same exact needs.

“By participating in the Telx FBX, CFN Services has the competitive edge to offer key market participants direct access to its Global Managed Financial Exchange Platform through low latency network connectivity in a secure, strategic location,” said Michael Cattell, Vice President of Financial Markets for Telx. “Telx continues to add high value members to our FBX community, who leverage the many benefits of the direct connections available in our recently expanded New York and Chicago facilities.”

About Telx Financial Business Exchange (FBX)Telx Financial Business Exchange (FBX) is a high value community of financial exchanges, market data providers, order management vendors, independent software vendors, buy-side and sell side firms — all colocated in secure, Telx-managed data centers and interconnection facilities. FBX offers ultra low-latency connectivity, proximity hosting and direct market access to a growing list of the most important financial exchanges. Telx’s financial markets colocation facilities, strategically located at 111 8th Avenue in New York City, 100 Delawanna Avenue in Clifton, N.J., 350 East Cermak Road in downtown Chicago, and 300 Blvd East in Weehawken, NJ, provide customers an ideal environment to grow and manage their businesses by placing their networks in proximity to their key suppliers, partners, and customers, along with hundreds of leading telecom and data service providers. For more on the advantages of the Telx FBX, download this free financial markets case study.

About CFN Services
CFN Specializes in delivery of high performance networks, specifically for low latency global financial exchange connectivity, as well as delivering on the promise of 4G networks for mobile operators, by leveraging the first massively optimized, distributed virtual global data center infrastructure, developed by CFN. This infrastructure platform was designed to avoid undue latency and optimize efficiency and reliability; constructed using knowledge from CFN FiberSource®, a proprietary transport database planning platform. CFN enables carrier, enterprise, and government network operators to optimize their IT Infrastructure across the key network variables of latency, diversity, bandwidth, and cost. For more information: http://www.cfnservices.com.

About Telx
Telx is a leading provider of interconnection, colocation and business exchange services in strategic, high demand North American markets. With 15 premier facilities, Telx increases speed to market and reduces connectivity costs by providing direct connections to the industry’s highest performance networks and access to more than 880+ customers, including leading telecommunications carriers, ISPs, content providers and enterprises. Telx is a privately held company headquartered in New York City with four facilities in the New York Metro area, two facilities in Chicago, two facilities in Dallas, three facilities in California, (Los Angeles, San Francisco, and Santa Clara) and facilities in Atlanta, Miami, Phoenix and Charlotte, N.C. For more information about Telx, visit www.telx.com.

CFN Services is a proud sponsor and participant of the  The Mankoff 2nd Annual Ultra Low Latency Panel Event: Trading Opportunities in FX and Other Asset Classes: High Frequency Trading, Algorithms & Best Execution.

We are pleased to announce that Sebastian Yoon, VP CFN Services Financial Services Practice, will be showcased on the panel discussion entitled: Build, Buy and Beyond: Selecting and Implementing the Best Tools to Achieve a Successful Multi-Asset Strategy in Trading

When: March 23, 2011 – 5:45pm – 9:00pm

Where: Grange Holborn Hotel
50:60 Southampton Row
London WC1B 4AR
T: 020 7242 1800

Overview:

Exchange consolidation. Co-location issues. Rate of connectivity and the search for ever lower latency. This environment the trader finds himself in, with the need for speed driving the latest innovations, and the government engaged in push-back, is challenging and one ripe for discussion. The application of algorithms in the high frequency space has been addressed in the equity market but what’s the next area of growth? What developments are occurring in FX, Options, Futures, Commodities and the other asset classes?

Agenda:

5:45 pm Registration

6:15 pm Panel I: Winning the Speed Game While Remaining Compliant: Regulations, Changes in the Markets and its Impact on Trading Across Asset Classes

7:00 pm Panel II: Build, Buy and Beyond: Selecting and Implementing the Best Tools to Achieve a Successful Multi Asset Strategy in Trading

Click here to Register Now

Recently, there has been a lot of information distributed in the industry regarding latency in optical transport systems. This white paper takes an objective look at what really causes latency in transport systems and what to look for in a transport system designed for low latency. Download Now

THE CURRENT ENVIRONMENT
When financial services and other firms around the world rely on your global infrastructure to transact business, you need to ensure low latency and highest reliability possible. That’s one of the key reasons CFN Services chose Equinix International Business Exchange™ (IBX®) data centers for colocation. The provider of network services wanted a partner that enabled it to continue delivering premium services.
THE SOLUTION
CFN evaluated a variety of data center providers, ultimately choosing Equinix. “It’s important that we partner with one of the largest colocation providers to get closer to our growing base of electronic trading customers. Moreover, Equinix’s quality of service, reliability, and professionalism are renowned,” explains Wil Tirado, vice president of Engineering for CFN.
Equinix’s focus on specific vertical markets was also key because it aligns with CFN’s
go-to-market approach. “Equinix’s knowledge of the needs of different industries allows
us to leverage relevant product offerings in those spaces,” continues Tirado.
WHY EQUINIX
Maintaining carrier neutrality
CFN develops customized network solutions that optimize connections to multiple exchanges and trading venues. To ensure optimized connections along with diversity offerings, CFN’s Low Latency Global Exchange Infrastructure spans multiple providers. As a carrier-neutral network integrator, CFN sought a partner with the same approach.
“A network neutral and carrier rich data center enables us to be responsive to
our customers’ requirements. Equinix allows us to ensure we continue providing our customers with the most optimized network solutions,” says Tirado.
CFN serves customers in the enterprise, public sector, and carrier markets, including financial traders that require very high network performance. The electronic trading community requires high speed connectivity to reduce risk and stay competitive. These financial customers gain significant benefits from CFN’s commitment to continually optimize its network as part of its Low Latency Improvement Plan. In addition to using FiberSource®, its proprietary nationwide infrastructure knowledge and relationship base of nearly 250,000 route miles of fiber and 550 metro networks, CFN leverages all means necessary to decrease latency and insure diversity on its routes.

“It’s unique to find a great combination of network availability from multiple carriers colocated with a dense community of financial market participants. Equinix is a key component of our ever-growing global low-latency infrastructure.”
Wil Tirado, Vice President of Engineering, CFN Services. Download Full Case Study

CFN Services Utilizes Equinix to Meet Increased Demand for Optimized Network Performance
Equinix providing colocation in United States, Canada  and Europe to optimize network performance for CFN Services customers

FOSTER CITY, CA and London, United Kingdom — June 22, 2010 — Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced that CFN Services, a managed telecom infrastructure services company, is now connected to Equinix’s International Business Exchange™ (IBX®) data centers in Chicago, Frankfurt, London, New Jersey, New York, Philadelphia, Seattle and Toronto as part of the CFN Services global low latency network. By leveraging Equinix’s global data center footprint and services, CFN Services is able to offer its customers ultra low latency, diverse routes for protected services, and optimized network routes in relation to all of the major global financial exchanges. Download Full Release

Webinar: Trading Beyond the Horizon

Trading Beyond the Horizon: Fragmentation Drives Multi-Market Execution Join us for a Webinar on June 30 Learn how to optimize your trading architecture for low latency Space is limited. Reserve your Webinar seat now at: www.a-teamgroup.com/webinar/trading-beyond-the-horizon/ In 2010, financial markets participants will continue to expand their trading activities as liquidity increasingly becomes fragmented, seeking alpha in new markets, best execution in dark pools, arbitrage opportunities across the order book and by implementing high frequency and complex, multi-leg, cross asset class strategies. The successful trading operations will leverage an infrastructure that leverages high-speed long haul and metro communications along with optimized use of proximity and co-location sites to access multiple, geographically dispersed execution venues with the lowest latency. Participants are looking to implement flexible networking architectures to keep pace with market developments, while at the same time they need to retain management control of this strategic capability in order to continually optimize their proprietary trading and customer brokerage businesses. Join us for a webinar where you will hear from, and have a chance to ask questions of, a panel of industry experts who will address the issues of implementing an optimized trading architecture. Speakers: Peter Harris (moderator) President, Americas A-Team Group Mark Casey President CFN Services Gregory E. Smith Vice Chairman Chi-X Global Dan Bergman VP of High Performance Engineering Lime Brokerage LLC Donal Byrne CEO Corvil Date: Wednesday, June 30, 2010 Time: 11:00 AM – 12:00 PM EDT Sponsored & Presented by: Co-presented by: Produced by: System Requirements PC-based attendees Required: Windows® 7, Vista, XP, 2003 Server or 2000 Macintosh®-based attendees Required: Mac OS® X 10.4.11 (Tiger®) or newer After registering you will receive a confirmation email containing information about joining the Webinar.

HERNDON, VA–(Marketwire – May 17, 2010) –  CFN Services today announced the deployment of Cyan’s Z-Series packet-optical transport platforms providing extreme low latency networking solutions for the Low Latency Global Exchange infrastructure expanding their presence in the Frankfurt and London financial markets. As data center outsourcing and managed networks trends continue and cloud-based applications growth drives compounding traffic, data center operators and managed network providers such as CFN Services require new solutions for scaling networks with carrier grade, low latency networks. Along with market leading modularity and scalability, the Cyan Z-Series platforms deliver powerful low latency solutions and compelling economics for data center deployments in the US and Europe.

“We selected the Cyan Z33 to meet our growing demands for ultra low latency 10 Gigabit Ethernet transport between key financial markets in Europe,” said Wil Tirado, VP of Network Engineering of CFN Services. “After evaluating numerous vendor solutions we found the Z33 to offer the best combination of low latency performance our customers and applications demand, with the scale and economics to meet the needs of our business.” CFN Services provides managed network and collocation optimization infrastructure solutions to market leading enterprise businesses, financial institutions and cloud-based application service providers. “We’ve seen our traffic capacity demands grow 300 percent over the past two years,” added Tirado. “We need data center and connectivity solutions that allow us to scale while maintaining or improving applications performance. Cyan’s combination of high performance Ethernet, with plug-in module DWDM expansion to deliver multiple 10 GbE transports per fiber allows us to scale capacity without incurring the recurring network cost of multiple single service fibers.” Read More