CFN Services expands European presence
First Published 24th April 2012
London and Frankfurt mark initial European deployments of Alpha Platform On-Demand™
Mark Casey, President and CEO, CFN Services
"As brokers, dealers and trading firms move to diversify their trading strategies, they are increasingly looking to overseas markets."
Herndon, VA - CFN Services the provider of managed automated trading enablement services, has announced initiatives in Europe to deliver trading solutions for European financial markets participants and extend connectivity between key European and North American financial centers.
The first initiative is CFN's deployment of its Alpha Platform On-Demand™, the first financial markets public cloud, delivering an on-demand cloud computing environment in proximity locations in London and Frankfurt. CFN's second initiative will accelerate expansion of its core Alpha Platform™ low-latency connectivity, infrastructure and managed trading solutions into five additional financial hubs: Madrid, Zurich, Milan, Stockholm and Moscow. Combined, these initiatives aim to broaden access to CFN's single-sourced, high-performance trading solutions across European financial markets.
"Our European expansion is in direct response to our clients' needs," said Mark Casey, President and CEO, CFN Services. "As brokers, dealers and trading firms move to diversify their trading strategies, they are increasingly looking to overseas markets. Our global, low-latency networks and high-performance infrastructure will enable European market participants to grow their businesses and expand into new markets."
"Our core trading infrastructure services combined with our proximity-hosted cloud solutions provide a differentiated and compelling solution that can have a direct impact on trading performance and profitability. With cloud services becoming increasingly relevant in the global financial markets, European market participants now have expanded access to solutions that deliver the cost-savings and high performance required for today's financial markets," added Casey.
"CFN has a strong track record of delivering optimized solutions for the financial markets." said Wil Tirado, VP of Network and Infrastructure Services, CFN Services. "We are consistently searching for opportunities to invest in our infrastructure so clients can capture new market opportunities. This European expansion is a key part of that strategy."