ACTIV Financial Selects XO Communications for High-Capacity, Low Latency Networking Solution
- XO Wavelength Services to Enhance Connectivity and Speed between ACTIV’s Chicago and New York Data Centers
HERNDON, VA – June 08, 2010 – XO Communications (OTCBB: XOHO) announced today it has deployed 10 Gbps wavelength services for ACTIV Financial, a leading global provider of fully managed low latency market data solutions. The XO solution connects ACTIV’s data centers in Chicago and New York and provides the low latency, high-capacity network infrastructure necessary to facilitate the delivery of large volumes of market data to customers around the world.
ACTIV is one of the only vendors to offer best-in-class ultra low-latency and hosted/co-located delivery architectures on top of traditional market data services. The ACTIV platform includes underlying message oriented middleware for enterprise data aggregation and distribution, hardware acceleration components, and a robust set of value add applications such as news and tick historical database servers. ACTIV serves over 350 customers worldwide and manages more than 130 feed handlers and nearly 20 data centers spread across five continents.
“ACTIV is known for providing the low latency, high-quality and cost effective global market data solutions companies require to meet their most complex global data and trading requirements,” said Frank Piasecki, co-founder and president of ACTIV Financial. “Partnering with XO Communications will enable us to augment our services and seamlessly connect these data centers at the fastest speeds possible to support our long-term networking needs and continued growth.”
“We’re proud to be a partner for ACTIV Financial,” said Mike Toplisek, chief marketing officer for XO Business Services at XO Communications. “Our partnership with ACTIV Financial is indicative of XO’s dedication to providing tailored solutions to the financial services industry, a market segment that we believe we are uniquely positioned to support.”
Through its extensive nationwide fiber network footprint, XO Communications provides businesses in the financial services industry with highly-reliable, high-capacity network connectivity between major financial exchanges and other locations nationwide. With speeds up to 40 Gbps, XO’s customized low-latency network solutions give customers fast access to the applications and information that drive their transactions and maximize growth opportunities. For more information about XO network services, visit http://www.xo.com/services/network/Pages/overview.aspx
About ACTIV Financial
ACTIV Financial Systems, Inc. is a leading provider of market data content and technologies to market makers, hedge funds, brokers and trading systems. The company provides managed low-latency and high-volume market data services to more than 350 customers worldwide. As vendor of record, ACTIV also delivers consolidated, hosted and on-site ticker plant services for exchanges around the globe. ACTIV is privately owned with offices in Chicago, New York, Tokyo, Singapore and London. To learn more about ACTIV, visit: http://www.activfinancial.com.
About XO Communications
XO Communications, a subsidiary of XO Holdings, Inc. (OTCBB: XOHO), is a leading nationwide provider of advanced communications services and solutions for businesses, enterprises, government, carriers and service providers. Its customers include more than half of the Fortune 500, in addition to leading cable companies, carriers, content providers and mobile network operators. Utilizing its unique combination of high-capacity nationwide and metro networks and broadband wireless capabilities, XO offers customers a broad range of managed voice, data and IP services with proven performance, scalability and value in more than 75 metropolitan markets across the United States. For more information, visit www.xo.com.
Media Contacts
Chad Couser/XO Communications
T: 703-547-2746
E: chad.couser@xo.com
Audra Tiner
Articulate Communications (for ACTIV Financial)
T: 212-255-0080 ext. 34
E: atiner@articulatepr.com
