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Roland Hamman, Pico

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Pico launches low-latency global connectivity ring

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Pico, an infrastructure, connectivity, cloud technology, data and analytics services provider to the financial services industry, has launched its global connectivity ring, expanding the PicoNet backbone to the major financial data centres in North America, Europe and Asia. 

PicoNet is Pico’s private, proprietary network provides low-latency connectivity to hundreds of liquidity sources, information providers and counterparties.

“Our state-of-the-art global ring is the first of its kind to combine carrier-grade connectivity with the cost-effective scale and resiliency our clients require,” says Roland Hamann (pictured), Managing Director at Pico. “Now, every client has direct access to global markets including our high-quality market data sets.”

PicoNet now connects and delivers market data and point-to-point connectivity between all of the key financial data centres worldwide through its diverse subsea networks, cable landing stations and terrestrial network POPs, including NY4, LD4 and TY3 (delivering EMEA, the Americas and APAC regional meshes). Pico’s reliable platform extends across 35 data centres covering over 200 exchanges and trading venues worldwide, and Pico plans to add 16 more globally dispersed data centres in the next 14 months.

PicoNet’s primary global ring provides clients with best-in-class, deterministic low-latency 10 Gbps connectivity, while a geographically diverse secondary ring delivers high availability and redundancy. In keeping with Pico’s tradition of product and service excellence, latency and resiliency are reinforced with Pico’s underlying global ring technology partners.  Pico has deployed network performance monitoring and analytics via Corvil Analytics to provide industry-leading transparency and operational metrics, supported by a true follow-the-sun in-house operations and support model. 

PicoNet’s secure and high-performance global connectivity network gives Tier1 banks, broker dealers, assets managers, hedge funds, proprietary and electronic trading firms the ability to pass data between major financial centres and execute trades in microseconds to gain a competitive edge in FX and all other asset classes. PicoNet provides the trading community a fault-tolerant connectivity solution at a fraction of the cost and with unsurpassed time to market.

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