When Every Milisec Counts, You Need an Extranet

Colt announced the "launch of its financial services extranet Colt PrizmNet, which will connect providers of financial content – including market data, research and other services – to Capital Markets firms. A dedicated private network with deterministic low latency will guarantee reliable, consistent, and transparent content delivery. Providers already signed up to distribute content via Colt’s extranet service include NLX, Nasdaq, Japan Exchange Group (JPX) and Aquis Exchange.

The Colt PrizmNet service has been designed in consultation with over 20 investment banks, asset managers and brokers. It has four key differentiating features:

• Guaranteed deterministic latency for the delivery of content to the consumer
• Near real time network performance monitoring
• Self-service portal for easy access to content and services
• Superior business focused SLAs (Service Level Agreement)

The Colt PrizmNet service combines existing network and data centre assets as well as the financial services industry and low latency network experience of Colt, KVH and MarketPrizm. PrizmNet is available for all market participants across Europe today with similar services to follow across Asian markets and in key North American cities throughout 2015. Full functionality in all regions will be available by the end of 2015". 

See "Colt launches financial services extranet" - here.