In this interview, Mike Cunningham goes into detail about the importance of the route and the benefits for financial services firms involved in capital markets.
Here is an extract from the interview:
“Can you take us through the genesis of Crosslake Fibre?
At Crosslake Fibre, we bring a couple of unique value propositions, the first of which is new infrastructure. There hasn’t been a lot of new long-haul infrastructure built in Canada for a while, going back to the dot com boom. Our subsea cable from Toronto to Buffalo represents the first new significant long-haul build along that route. The system represents a much higher fibre count cable than the cables installed previously, and this is the first new fibre optic route constructed between Toronto and Buffalo in almost two decades!
The second value proposition is diversity. There are a number of points of failure on different long-haul routes that currently exist from Toronto to Buffalo, which is one of the main roads for traffic from central Canada into the United States. A number of these cables traverse along the same rights of way with the same bridges going across the Niagara River. Our route is physically diverse from that. So, as opposed to going from Toronto and then west around the lake, we go from Toronto, a bit east and through the lake. It provides physical diversity and is a shorter route, which creates a lower latency route.
How is this route attractive to the financial services sector?
The new network provides lowest latency as well as a ultra high and fully diverse capacity for customers. With this new system, the physical distance between the financial markets of Toronto and New York has gotten shorter. The new route delivers under 9ms RTD performance between the core financial markets of Canada and the US. Our ‘Velocity’ service portfolio offers a number of low-latency options to the financial community to enhance their connectivity to these important financial markets.”
You can read the full interview with InterGlobix Magazine here.
The company was founded in 2004 and serves the world’s largest financial institutions. BSO is a global pioneering infrastructure and connectivity provider, helping over 600 data-intensive businesses across diverse markets, including financial services, technology, energy, e-commerce, media and others. BSO owns and provides mission-critical infrastructure, including network connectivity, cloud solutions, managed services and hosting, that are specific and dedicated to each customer served.
The company’s network comprises 240+ PoPs across 33 markets, 40+ cloud on-ramps, is integrated with all major public cloud providers and connects to 75+ on-net internet exchanges and 30+ stock exchanges. The team of experts works closely with customers in order to create solutions that meet the detailed and specific needs of their business, providing the latency, resilience and security they need regardless of location.
BSO is headquartered in Ireland, and has 11 offices across the globe, including London, New York, Paris, Dubai, Hong Kong and Singapore. Access our website and find out more information: www.bso.co
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