NexGen Networks Develops UK Presence Lo4 Datacenter London

NexGen Networks, the premier provider of fiber optic-based network solutions to the world’s top financial services firms and global enterprises, has announced the acquisition of data center space at the Savvis LO4 facility in London’s Docklands financial district. The new NexGen infrastructure offers clients strategic proximity to key financial trading and foreign exchange platforms.

“The Savvis LO4 data center expands our London presence by providing low-latency connectivity at the doorstep of London’s second largest financial district,” says NexGen’s Edward Lawson. “This move represents our commitment to providing customers with access to critical infrastructure in the key financial and commercial centers of the world.”

The London Docklands business district where the LO4 data center is located employs over 100,000 people and houses the world or European headquarters of numerous major banks, professional services firms and media organizations. Furthermore, London is the foreign exchange market’s global trading center accounting for nearly 40% of FX trading volume, as well as being one of the world’s largest financial hubs altogether.

Savvis’ London data centers host Thomson Reuters’ Athena Trading EMS and provide access points to interdealer broker Icap’s EBS FX platform. These access points are subsequently connected to matching engines in their New Jersey-based data centers, creating optimal conditions for London-based high-frequency trading in the foreign exchange markets, with London and New York combining to account for over 60% of foreign exchange trading volume.

About NexGen Networks

NexGen Networks, http://www.nexgen-net.com, is the premier provider of tailored, high-capacity communications services to carrier and enterprise customers. Nexgen Networks is committed to delivering cost-effective, custom solutions coupled with superior industry expertise, service and support that allows for unparalleled time to market connectivity. It offers a comprehensive suite of facilities-based services including: Ethernet, SONET, Wavelength, Dark Fiber, Internet Access, Colocation and more. Its fiber optic network leverages unique rights-of-way that deliver connectivity to the major metropolitan areas in North America, Europe and the Far East. While consistently building upon its private and public IP and Ethernet expertise and evolving its capabilities to continually meet the needs of its customers, large and small, it has continued to maintain a superior standard of customer service and support.

Share this post

More news

July 23, 2024

Transforming Financial Institutions and Healthcare Organizations with AI Powered by the Cloud

AI powered by the cloud is transforming financial and healthcare sectors, driving efficiencies, enhancing security, and improving outcomes. As these technologies advance, their impact will continue to grow, ushering in a new era of innovation and excellence in these critical industries.
July 22, 2024

Powering the Data Center of the Future: The Exponential Demand for Data, Storage, and Connectivity

The data center of the future must be agile, sustainable, and secure to meet the exponential demand for data, storage, and connectivity.
July 18, 2024

Expect the Best, Prepare for the Worst: Navigating Uncertainty with Strategic Resilience

By fostering a balance of optimism and pragmatism, organizations can navigate the complexities of today’s world with resilience and confidence.