NEW YORK, Jan. 30, 2013 /PRNewswire/ -- In the wake of Hurricane Sandy, FCM360 (http://www.fcm360.com) has launched a new low-latency Internet solution that will bypass of New York City in the event of power and network outages. The move makes FCM360's Equinix and Savvis-based datacenter solutions even more resilient in the event of natural disasters, terrorist attacks or internet and power failures. During Hurricane Sandy FCM360's redundant networks provided continuous uptime for its financial trading customers in New York. In the wake of the super storm that flooded Wall Street and devastated parts of New York and New Jersey, the high-speed, low-latency infrastructure provider has further bolstered client access to data by bypassing major weaknesses in New York's Internet and fiber routes. "While FCM360's New Jersey proximity hosting facilities had continuous power and Internet access during the entire period of Sandy, outages in Manhattan created black holes in major telecom carrier facilities. This prevented some of our international and domestic clients from connecting to our New Jersey proximity hosting centers. To eliminate any future such occurrences, we have now built a new Internet ring that bypasses New York City during any future disasters," said Jubin Pejman, Managing Director of FCM360. Explained Pejman, "Our new reliability solution creates a ring that provides IP transit along the northeast portions of New Jersey through to New York State, Long Island and Connecticut where major bank operations are located completely bypassing New York City." Demand for low-latency, proximity hosting in the New York area has expanded markedly over the past five years and commitments have greater significance in financial markets, making reliability paramount when it comes to daily trading activity. For details see: Securities Technology Monitor. "FCM360's low-latency network and managed proximity hosting services provides traders with the easiest way to connect to brokers and liquidity using a single underlying technology provider. Furthermore, the FCM360 financial cloud ensures that the cost and effort to maintain low-latency trading infrastructure is within budgetary reach of all traders," notes Pejman.
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Jubin Pejman - Managing Director - US Sales
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Jubin has over 20 years of E-Commerce and application hosting and development experience. In his roles at LTCM, JP Morgan’s Lab Morgan, GFI Group and Check Free Investment Services he built trading applications for some of the world’s largest financial companies. Jubin has helped thousands of organizations with their complex hosting requirements over the past decade.
Peter Heales - Managing Director - EMEA
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Peter has over 30 years experience in the business. As former head of derivatives operations EMEA at Bear Stearns, European Chairman of the Futures Industry Association and other leadership roles at JP Morgan and ICAP Peter helped numerous clients achieve their goals and run successful operations.
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