Posts tagged ‘Finance Data Feeds’
Why is it important for Exponential-e to be involved in cloud computing?
We believe cloud based computing provides true ubiquity of service allowing users to access services from any location, over any infrastructure, with any device, at any time. The development of intelligent user appliances like PDA’s and intelligent phones has removed the barrier of user access. Users are becoming more comfortable with this model due to services provided in the consumer market by Google, Mobile me, etc, which spill into the business environment. SME clients want “corporate” services but at realistic prices and look at the cloud model as a way of achieving this. We are finding that clients are focusing on core business activities and are looking towards the cloud model as a real option when outsourcing in-house activities.
How much potential is there in the market?
We believe there is massive potential in the SME space as:
- Value add applications become available at a fraction of the cost
- Clients don’t have to worry about in house resource
- The cloud assumes responsibility for software updates, upgrades, etc. The client only needs to worry about the access technologies
- The cloud provides a more flexible commercial framework
- Scalability is no longer an issue
- The cloud addresses resiliency and DR issues
- Up front capital expenditure is drastically reduced
There is a quantifiable shift in service delivery models (e.g. SaaS, CaaS, etc.) which can protect the users from issues they would normally have to deal with themselves. For example, our centralised security service “cleanses” internet traffic BEFORE it ever reaches the client’s premises. We do this with our centralised firewall services in conjunction with Message Labs threat management services.
High-speed secure delivery of centrally hosted services with the lowest possible latency, is absolutely key to the success to almost all cloud computing implementations. Therefore, Exponential-e’s business class NGN could be an important enabler to the successful take-up of cloud computing services in the UK especially as the access infrastructure deployed into enterprises by Exponential-e to support cloud computing can be cross-subsidised by the use of other applications on the same high speed Ethernet access circuits using its VPLS technology.
What kinds of customers are interested in these services?
We believe that currently, cloud based computing is more pertinent in the SME market.
Cloud computing is advantageous for SME’s as:
- It enables access to services previously unobtainable (e.g. CRM services, office application services, unified communication services, etc.) due to the expense.
- Enables access to expertise which has previously been too expensive
- Enables cost reduction as there are little set up costs (e.g. VoIP Centrex)
- Enables ubiquity of service – enables different working methodologies (e.g. home working, mobile working)
- Makes corporate governance easier through the centralization of services.
- Makes legislative adherence easier
We launched a new service with Atlanta Technology for small to medium businesses wanting enterprise-class server infrastructure without the capital investment. The service combines both storage and server virtualisation into a centrally-hosted cloud.
How will they be using cloud computing improve their businesses?
The service provides corporate customers with their own “cloud” from which virtual servers – independent from both physical infrastructure and geographic location – can be hosted. The communication between the client enterprise customer and their server infrastructure takes place across our high-speed and powerful layer 2 MPLS next generation network which is dedicated to business traffic. The service is based on a subscription pricing model and reduces the need for significant capital investment.
We have also just launched a managed security service delivered from the cloud using a centralised firewall and combined with threat management features from MessageLabs Hosted Services. This will also be attractive to SMEs wanting to outsource the management of security risk, restructure and reduce the associated cost and free up ICT resource for core business activities
How will cloud computing develop in the future?
Cloud based computing is where the client’s “intelligence” will reside. Everything outside of the cloud such as access links, user devices and so on, will become a commodity. Devices will be thin client in nature. The device will become immaterial – the user “profile” will become king and will drive their access scope. Our profile will drive our corporate identity. CBC will become the ultimate secure domain with client pulling information to themselves irrespective of device, infrastructure, geographic location or time.
What role will Exponential-e play in the future of cloud computing?
Exponential-e will be the providers of a suite of value add services to complement our core network. Ultimately, we will treat every single user as a separate and unique client (irrespective of their organization affiliation).
July 24, 2009 at 10:48 am
Visit: www.finance.exponential-e.com to request a free download of the complete whitepaper
While it is easy to list features such as resilience, reliability, security, scalability and latency as key criteria in the selection of any efficient and robust Network, the best efforts of Network Engineers and Architects can often be undermined by internal systems, site location and ever increasingly legacy networks.
Financial institutions still using leased line network technology are at a significant disadvantage when compared to organisations who have upgraded to Next Generation, Ethernet Technology.
Why is this? Leased line network technology was developed in the mid-1980’s specifically to support Voice communication – not data or IP packets. Many carriers and service providers ploughed huge resources into this technology, failing to anticipate the rapid growth of data and IP communication that would occur in the mid-to-late 1990’s. To overcome this problem, they adopted protocols such as ATM and Frame Relay. This enabled Synchronous Digital Hierarchy (SDH) voice networks to support data and IP communications. However, this has negatively impacted customers in a number of ways by leading to:
- Very complex network infrastructures requiring substantial network management and support
- Inflated costs for end-users
- Slow-routed network architecture
- Restricted scalability and versatility, leaving them unable to provide client services, including bandwidth-on-demand and differentiated services
For the finance industry this has become even more significant as market volatility, and government regulation, such as The European Union’s MiFID directive, create spiralling data volumes. Network Mangers, Engineers and Architects are confronted with the realisation that they are paying inflated charges for slow, inefficient network connections that cannot adjust to meet the increasing demand.
The choice is simple, financial institutions can either migrate to a Next Generation Ethernet Network or paper over the cracks by bolstering their existing leased line infrastructure.
Visit: www.finance.exponential.com to request a free download of the complete whitepaper:
Hidden Barriers to Achieving Low-Latency:Whitepaper
Contents
1.0 Introduction – Network Needs for Tradding in International Financial Markets
2.0 Is your Network holding you back?
3.0 How can a Next-Generation Network maximise your competitiveness
3.1 The Key Competitive Differentiators in the Finance Industry
3.1.1 Resilience
3.1.2 Network Scalability
3.1.3 Reducing Costs
3.1.4 Low-latency & NGN
3.1.5 Low-Latency & the Optimal Route: Route1™
3.1.6 Network Simplification
4.0 Commercial Benefits
4.1 Global Connectivity
4.2 Uninterrupted Trading
4.3 Enabler of growth
4.4 Optimum performance
4.5 Quality of Service
4.6 Adaptable to your needs
Case Studies
Visit: www.finance.exponential.com to request a free download of the complete whitepaper
March 9, 2009 at 5:07 pm
VPLS Information Table
The table below highlights just some of the advantages a Layer 2 VPLS network has over a network using Layer 3 technology. For a more indepth look at the benefits of a VPLS Layer 2 network follow this link to download our free NGN VPLS whitepaper.
VPLS information table: Layer 3 vs Layer 2
Follow this link to learn more about IP VPN and Layer 2 VPN and to see a full size image
Follow the link for more information on VPLS.
Bookmark This Page For Future reference
February 2, 2009 at 10:53 am
Below are a few extracts from a VPLS case study on Altium Capital. For more information on VPLS and to download the full case study free visit: www.exponential-e.com/ngn_vpls_casestudies
VPLS Network Case Study: Altium Capital
“Exponential-e replaced our legacy DSL connections and layer 3 IP-VPN with a scalable layer-2 cloud. They’ve taken away costly duplication. Network services previously working in a silo are now plugged into our new VPLS cloud and are available throughout our wide area network. Exponential-e were able to prioritise traffic by type intelligently and fully backed up with service level guarantees”.
Dale Willemburg
IT Manager Altium Capital
Why Altium Capital Chose A VPLS Network
Altium Capital provides a range of investment banking services and has offices around Europe and headquarters in London. As a result of this rapid growth, the company’s existing network — an IP VPN — had become obsolete.
Altium received proposals from more than nine service providers and decided to implement an Ethernet VPN solution from Exponential-e, delivered using VPLS. It has installed 100Mbps access at all its sites to address projected traffic growth from server centralization and IP videoconferencing. Altium’s network design uses a combination of Layer 2 and Layer 3 protocols running over a single network — that is, combining a flat LAN for some functions with IP addressing for others.
The VPLS Network Soulution included:
- A flat LAN to its disaster recovery (DR) site.
- Flat LAN implementation of a distributed firewall and distributed DMZ
- IP addressing from endpoints to servers using the IP routing in Altium’s LAN switches.
Altium Capital now benefit from a four-site VPLS wide-area-network built at layer 2. Their new VPLS cloud gives a simple-to-manage Ethernet interface throughout a LAN-like WAN and allows new services and new sites to be quickly and easily introduced on a plug and play basis.
To download the full version of this case study and examples of more Next Generation Network VPLS solutions visit our website below: www.exponential-e.com/ngn_vpls_casestudies
Due to the success of our Free VPLS WAN planning seminars we have added an extra london date and made additional space available at our Manchester event. Visit www.exponential-e.com/vpls_event to register for the event and free one-to-one WAN planning consultancy.
December 9, 2008 at 11:41 am
Welcome to the final installment of our VPLS Tutorial. Today we will be discussing our own:
VPLS-enabled Next Generation Network from Exponential-e
Please feel free to use the information provided in these posts in your own blog or website we simply ask you to provide a direct link to the specific post or our VPLS info page at www.exponential-e.com/vpls when referencing your material.
Exponential-e was pioneering in the UK with its roll-out of a VPLS enabled network. Aware of the shortcomings of traditional MPLS access, such as its complexity and the fact that it led to a loss of customer control of IP routing, Exponential-e sought to develop an innovative solution that addressed these limitations. It was this desire to improve existing networking that lead to the use of VPLS within our network design. Today many of the leading ISPs are announcing plans for VPLS deployment in the future, but the fact remains that our VPLS service is available right now, and has been for over two years.
Our cutting edge VPLS network design has a meshed, Layer 2, MPLS switched Ethernet core and sets a new standard for connectivity. This advanced network allows the customer the flexibility to create multiple VLANs over their WAN, this gives them the security and separation they would usually expect to see on the LAN. It also allows multiple physical connections to be consolidated on to a single connection while maintaining the separation of the circuits by means of VLANs, a feature unavailable from other MPLS providers. In essence things that were previously only possible within a company’s office can now be carried out over a geographically dispersed area.
What stands out about our VPLS solution is that it is a site-to-cloud VPLS service, a Layer 2 VPN option that most competitors, who generally only carry a switched Ethernet (SE) VPN to achieve any-to-any connectivity, cannot achieve. Furthermore, it is run over a Pure Ethernet, switched, Layer 2, 10 gig backbone so security, speed and consistency of data flow and quality of service are all maximised.
VPLS gives us a service-oriented architecture from which our customers can plug and play with a range of voice; data; DR and virtualization services. We are delivering simplicity and operational efficiencies for IT heads as they focus on getting more value from every ICT pound spent.
In a commercial sense, what makes the technology so revolutionary, in comparison with competitors’ offerings, is that it simultaneously cuts costs, improves quality of service, improves efficiency and gives control back to you, the customer.
“By expanding its portfolio to include Virtual Private LAN Services (VPLS) in January 2006, Exponential-e was the first UK provider to offer the, now much talked about, solution. The company signed its first VPLS customer in April 2006 and came to the attention of two industry awards in the same year” lightreading.com
This tutorial have provided a small insight into a few benefits VPLS technology has to offer. For a more complete understanding of the technology and how VPLS can help your organization visit: www.exponential-e.com/vpls and to sign up to one of our Free VPLS seminars.
In the upcoming weeks we will be publishing a number of case studies of how VPLS technology is already being used in some of the world’s most cutting edge Global companies.
Follow the link below to revisit the previous post in our previous VPLS tutorial:
Ready for more information: Visit www.exponential-e.com to download a version to download a pdf our Technical VPLS Tutorial
November 7, 2008 at 5:29 pm
Welcome to the fourth installment of our VPLS Tutorial. Today we will be covering
What makes VPLS stand out from other technologies that do a similar job?
Please feel free to use the information provided in these posts in your own blog or website we simply ask you to provide a direct link to the specific post or our VPLS info page at www.exponential-e.com/vpls when referencing your material.
MPLS IP VPN vs MPLS VPLS
Layer 3 IP VPNs provide a similar solution to a Layer 2 VPLS, however there are several key points of difference between VPLS & IP VPN solutions, each of which results in important advantages:
i) Protocol – Layer 3 solutions are limited to IP protocol so some applications will require special handling to bring them onto the network. VPLS on the other hand is a protocol-agnostic Ethernet solution which can support both IP and non-IP applications. In other words, if an application can run on a company’s LAN it can run on their WAN. This feature saves VPLS users time and money by reducing administration.
ii) Architecture – The simplicity of a VPLS network as a switched solution means the addition of a new site can be done quickly and inexpensively via a VLAN, whereas with the routed MPLS solution, routing tables need to be reconfigured, which takes longer. This means providers of VPLS networks are able to respond to customers’ changing needs faster than providers using IP VPN network solutions. In addition, a customer using a VPLS network solution will only see the routers of their own network i.e. it is a transparent WAN to the customer.
VPLS QoS
iii) Quality of service - The quality of service (QoS) of Layer 2 VPLS compared to that using a Layer 3 MPLS VPN is far superior. With our Ethernet network, our customers have the ability to measure very precise end-to-end service levels in terms of latency, packet loss and jitter in line with the 802.3ah. This has not been available in the UK before and remedies one of the main criticisms of wide area Ethernet networks – the inability to manage the first mile. The key feature that improves QoS over typical Layer 3 MPLS solutions is our ‘service aware’ capability which basically enables higher priority traffic to automatically take precedence over non-critical traffic. While many competitor networks have had the ability to put inter-site traffic into different priority queues for some time, it was always necessary for the traffic to be pre-identified by the customer. Exponential-e’s ‘service aware’ feature removes the need for the customer to ‘tag’ traffic as it can identify different traffic flows and automatically prioritise data according to the customer’s definition ofthose priorities.
The feature is so sensitive that even where HTTP protocols are more commonly used for Internet surfing, mission critical applications traffic can now be identified and given a higher priority.
iv) Security – The security of a VPLS network is second to none as it is run in the Layer 2 environment which is not hackable unlike MPLS solutions that exist in Layer 3. Furthermore, different VLANs can be presented to the customer as separate cables allowing, for example, the “clean” office network traffic to be separated from “dirty” public Internet traffic, enabling the customer to minimise the possibility of security breech.
v) Scalable bandwidth - Bandwidth changes on VLANs are made through simple software changes. This means that VPLS users are not restricted to buying bandwidth in large steps but can buy exactly as their usage requirements dictate up to the limit of their physical access circuit’s capacity.
vi) Pricing – Low cost CPE, lower cost management systems, less support manpower required by the service provider and a generally more efficient network mean that VPLS technology can be provided at very competitive prices to customers.
vii) Future-proof – VPLS is fully scalable and, being protocol agnostic, it is suitable for all types of traffic negating any need to rip out existing infrastructure should you need to upgrade again.
These are just some of the advantage Layer 2 VPLS network have over their Layer 3 IP VPN counterpart. Visit: www.exponential-e.com/vpls for more information about VPLS and to sign up to one of our Free VPLS seminars. Our final post in the VPLS tutorial will sumarise what we have covered today and introduce the first of the first of a number of VPLS case studies:
Follow the link below to revisit the previous post in our previous VPLS tutorial:
November 6, 2008 at 5:44 pm
Welcome to the third instalment in our VPLS Tutorial today we will be covering:
What makes VPLS easy to use and install?
Please feel free to use the information provided in these posts in your own blog or website we simply ask you to provide a direct link to the specific post or our VPLS info page at www.exponential-e.com/vpls when referencing your material.
VPLS Installation
A Virtual Private LAN Service (VPLS)-enabled Next Generation Network (NGN) is a switched solution. This has a number of implications for ease of installation and ease of usage.
Is It Difficult To Configure A VPLS Network?
As a switched solution VPLS does not depend on routing tables, which means specific routing information is not required from the customer which is a huge advantage provided by a VPLS networks especially when information is of a confidential nature. Unlike switched VPLS solutions routed MPLS solutions require complex network design work to be completed and the resulting design affects the way that customers must configure their gateway router equipment. By way of contrast, with a VPLS solution, only the network router to which the site connects needs to be configured. Once this is done, the customer can connect their site up without any special configuration.
How Much Will I Need to Invest In VPLS Hardware?
In addition with VPLS, there is usually no need to purchase new hardware in the form of routers, as is often the case for MPLS solutions, because the company can use ordinary LAN equipment already at the site. As a Layer 2 service VPLS offers a clear separation of control between service provider and customer, as such, faults can be identified and rectified faster; what’s more, servers can be moved without the need for changing IP addresses.
Is it Difficult To Add New Sites With VPLS?
The ability of VPLS to rapidly change the VLANs with just a few key strokes, swinging them to different sites or connecting different sites and services together makes the network easily adapted to a customer’s changing needs.
This is just a snapshot into some of the reasons why VPLS network solutions are easier to install. Visit: www.exponential-e.com/vpls for more information about VPLS and to sign up to one of our Free VPLS seminars. Our next post will compare MPLS-VPLS technology with MPLS-VPN in:
What makes VPLS stand out from other technologies that do a similar job?
Follow the link below to revisit the previous post in our previous VPLS tutorial:
November 5, 2008 at 5:43 pm
Exponential-e, the UK’s most established Next-Generation-Network (NGN) service provider announced today that it will provide connectivity to Turquoise, the new alternative liquidity venue, now that the multi-lateral trading facility has been launched. Turquoise has also deployed Exponential-e’s VPLS NGN as part of its own multi-vendor Wide Area Network (WAN) strategy.
Under the terms of the deal, Exponential-e’s customers will benefit from the NGN provider’s ultra low-latency 10 Gigabit Ethernet network to:-
• Submit orders and trade on the Turquoise exchange as an alternative venue and source of liquidity.
• Connect to Turquoise’s market trading information and clearing and settlement services.
Today’s announcement strengthens the existing relationship between the two organisations. Turquoise already powers its latency-sensitive business using Exponential-e’s high-speed corporate connectivity between each of its five sites. The single broadcast domain characteristics of the VPLS network supplied by Exponential-e ensure that Turquoise’s entire estate behaves like a single LAN-like WAN. Services are backed off with quality of service and flexible bandwidth offered on a per VLAN basis.
Critical to the WAN solution provided by Exponential-e is Turquoise’s ability to control IP routing themselves. The solution features fully diverse links to Turquoise’s two data centres which due to the unique nature of the VPLS design are available throughout the WAN as a centralised disaster-recovery resource.
Yann L’Huillier, Chief Technology Officer, Turquoise said” The Trader experience must remain intact at all times regardless of the throughput. As we have stated on a number of occasions, we are very keen to provide diverse network connectivity options to our platform. We are very pleased that Exponential-e’s private VPLS solution will add a highly scalable and flexible WAN to our existing pool of network providers”.
Adrian Hobbins, Chief Technology Officer, Exponential-e said “Turquoise’s highly secure WAN solution is simple to manage and scale and is purpose-built for an environment where there are a number of critical applications needing support and which are highly sensitive to the performance of the network”.
September 30, 2008 at 9:10 am
Exponential-e, the UK’s most advanced Next-Generation-Ethernet service provider, today announced the launch of its new financial data feed service. The new service forms part of a wider launch, also being announced today, of the company’s specialist new unit dedicated to servicing the needs of the financial equity industry.
Exponential-e’s financial data feed service, dubbed “Power-X” provides feeds from London’s new multilateral trading facilities down a single high-speed connection. Customers can receive 100mbps or more of high-speed secure Ethernet connectivity pre-loaded with trading data from four new London stock exchanges. Other financial and network applications can also be offered as part of this converged service.
The “one pipe” trading data solution removes the need for complex and costly networks which have traditionally prevailed. Each financial data feed is separated within highly-secure VLANs and presented to the customer on physically separate ports. Bandwidth management and quality of service parameters are applied as distinct classes of services per VLAN.
Power-X will be attractive to financial services companies wanting to take advantage of the newly-liberalised post-MiFID market and needing access to the full range of alternative execution venues and their services.
Lee Wade, CEO, Exponential-e said “Our bundled service offers fast, low-latency and secure access to Chi-X; Turquoise; BATS Trading and NASDAQ OMX and another 31 global financial exchanges will become live later this year”.
Power-X is one solution being offered from Exponential-e’s new Financial Markets Community, a specialist multi-service connectivity and applications model for the finance world. A networked community of buy-side and sell-side financial organisations are hosted on a high-speed resilient Ethernet platform. Customers sitting within the community are able to easily and cost-effectively connect to each other, trade and share rich financial content and applications.
Wade added, “We’ve simplified, consolidated and lowered the cost of data distribution and trade-execution with our Next-Generation-Network. The Financial Markets platform is a high-speed, resilient, Ethernet network providing uninterrupted uptime and trading capabilities and backed up with tight service levels and end-to-end fault management”.
Designed for latency-sensitive trading applications, Exponential-e’s next-generation network supports the industry’s move to algorithmic trading, direct market access and best execution policies.
-ends-
About Exponential-e’s Financial Markets Community
Exponential-e’s finance unit is dedicated to serving the needs of the finance industry. Designed for latency-sensitive trading applications, Exponential-e’s next-generation network supports the finance industry’s move to algorithmic trading, direct market access and best-execution policies. Low-latency connectivity, financial data feeds and associated applications and services are available to the finance community. The company’s Financial Markets Service Creation Platform (FM-SCP) is a networked community of buy-side and sell-side financial organisations. Hosted as a single community from Exponential-e’s high-speed, secure and scalable Ethernet network, members get all the advantages of peer-to-peer connectivity and a simple, secure and private environment from which to connect with each other and share financial data and applications.
Exponential-e Finance is the equity markets and financial services arm of Exponential-e Ltd the UK’s most established provider of MPLS-based VPLS services and next-generation Ethernet applications to enterprise.
Exponential-e currently has more than 150 financial institutions within its FM-SCP connecting, trading and sharing rich content.
For more information visit www.finance.exponential-e.com or call:
+ 44 (0) 20 7096 4098
September 24, 2008 at 3:07 pm
