Pico Partners with Zayo to Build Ultra-low Latency Global Backbone
By: Alissa Lovens, Senior Manager, Vertical Marketing Strategy
In today’s global capital markets environment, the exchange of market and order execution data is measured in microseconds. For high frequency traders, investment banks and hedge funds, the ability to reliably and rapidly transport increasingly large amounts of data between major financial centers such as New York, London and Tokyo represents a critical competitive business advantage. These firms will invest heavily in their network infrastructure to ensure they have the fastest, most fault-tolerant routes at their disposal.
One would think that the world’s largest financial enterprises would rely on equally large technology providers. However size doesn’t always correlate to scale. Just look at Pico, a relatively small yet agile financial infrastructure service provider with offices in New York, Chicago, London and Singapore. While their employee headcount currently sits at around 170 people worldwide, some of the world’s largest financial movers rely on Pico to design, build and operate a range of customized services to ensure the fast, reliable delivery of market data, order flow as well as other private broadcasts between global financial hubs.
So when Pico embarked on an ambitious initiative to build a new dual-ring, low-latency global backbone to support future growth, they did their due diligence and conducted an extensive evaluation of infrastructure providers. Pico ultimately selected Zayo to help them design and build a fully geographically diverse global solution connecting major financial markets in the U.S., Europe and Asia.
“Ultra-low latency isn’t just a technical requirement for our clients — it’s foundational to their success. However, while network speed was essential to the success of this project, it could not come at the expense of reliability which is of equal importance to our clients,” says Roland Hamann, Managing Director EMEA for Pico. “In Zayo we found a dependable partner that not only already has an expansive global footprint in place but, most critically, has a highly responsive service organization at the ready to partner with us through a complex implementation.”
Read more here about Pico’s unique technical and operational requirements and how Zayo’s Global Reach team of regional experts helped light up this innovative global backbone according to an aggressive timeline and budget.
Alissa Lovens leads the global marketing strategy for the Zayo’s Finance & Professional Services vertical. Alissa comes to Zayo with more than seven years of experience in the financial services industry. Alissa graduated from Lehigh University with a B.S. in Industrial Engineering and Finance.