HERNDON, VA – June 8, 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.