Thomson Reuters unveils high speed network Elektron

Jon Robson, President, Enterprise, Thomson Reuters: "Firms of all sizes will be able to connect via Elektron, benefiting from greater speed, lower operating costs and flexibility."

Thomson Reuters has unveiled Elektron, its next generation data distribution network. Elektron is a high speed network and hosting environment that aims to enable financial firms to access and share information faster and more cost effectively.

Reuters says that Benchmark testing indicates that Elektron delivers information up to 20 times faster than traditional aggregated data networks. The fabric includes strategically located proximity and co-location hosting centers, initially in New York, Chicago, London, Frankfurt, Tokyo and Singapore. Later this year additional centers will open in Hong Kong, India and Brazil.

Jon Robson, President, Enterprise, Thomson Reuters says: "This is a time of extraordinary innovation for Thomson Reuters, our customers and our partners, as together we respond to and shape a rapidly evolving financial marketplace. Elektron is designed to enable this innovation. It marks a step-change in empowering customers, enabling them to innovate and connect to the markets and to each other across a neutral, global and content rich infrastructure. We are responding to the needs of a new era in the financial industry, one which requires that all participants benefit from increased transparency and equal access to markets. Firms of all sizes will be able to connect via Elektron, benefiting from greater speed, lower operating costs and flexibility that will enable the markets to work and evolve freely."