Best Low-Latency Data/Technology Provider: Perseus
IMD/IRD Awards 2016
With its flagship product LiquidPath, Perseus provides trading firms with a managed service specifically designed to offer fast time-to-market, low-latency, low-risk connectivity, trading infrastructure and raw, normalized global market data services. It fits in with the trend of enabling firms to focus on core business and leave technology challenges to specialists, and judges called it “quite a commitment”.
This offering stands out as, in the past year, LiquidPath has become global. Perseus has expanded the service to the Asia-Pacific region, installing over 74,000 miles of new undersea cable, and creating 11 new points of presence in seven cities to reach a stage where they fully encircle the globe. As part of the build-out, Perseus extended its network of low-latency links, which now include the fastest commercially available route between Singapore and Hong Kong, the fastest route from New York to the BM&F Bovespa and from the stock exchange in London to that in Johannesburg.
At the same time, Perseus has expanded its low-latency microwave offering, with the launch of the Southern Route wireless system beween the Chicago Mercantile Exchange and Nasdaq. Not surprisingly, judges were impressed with LiquidPath and noted that Perseus is “gaining market acceptance and could be a real disrupter”. The conclusion was that the vendor appears to have gotten the recipe right: “fiber + microwave at incredibly low latency = compelling solution”.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Witad Awards 2024: EDM professional of the year—Neslihan Yegul, S&P Global Market Intelligence
Neslihan Yegul, vice president, head of EDM and thinkFolio at S&P Global Market Intelligence, wins EDM professional of the year in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Technology innovator of the year (end-user)—Laura Hamilton, Bank of America
Laura Hamilton, global head of corporate treasury, credit risk, climate risk, and financial forecasting technology at Bank of America, wins technology innovator of the year (end-user) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Vendor professional of the year (data and operations)—Joanna Davies, OSTTRA
Joanna Davies, head of trade processing at OSTTRA, wins vendor professional of the year (data and operations) in the 2024 Women in Technology and Data Awards.
Sell-Side Technology Awards 2024: Best sell-side front-office platform—Bloomberg
Product: Bloomberg TOMS
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Deutsche Börse democratizes data with Marketplace offering
- Sell-Side Technology Awards 2024: All the winners