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December 18, 2009

Wolverine Trading Chooses RCN Metro's High-Density Colocation Facility

By Anil Sharma, TMCnet Contributor


Wolverine Trading, a major player in derivatives valuation, trading and value-added order execution, has selected RCN (News - Alert) Metro’s high-density colocation facility located at 165 Halsey Street, Newark, N.J., for its data center needs.

 
RCN Metro officials said that the company’s Newark, N.J., colocation facility is a state-of-the-art center that is fully secure and temperature-controlled, offering power-ready racks, cabinets and bulk space. It features sophisticated power and HVAC systems capable of handling the demands of high-density server technologies now and into the future.
 
Wolverine’s decision to select the facility was based on its strategic location near the world’s major financial exchanges in New York and New Jersey, and for its high-powered, state-of-the-art design.
 
Company officials said that because of the design of RCN Metro’s Newark-based colocation facility, Wolverine can minimize the number of cabinets to ensure the lowest possible latency for Wolverine’s network and helping it to increase the performance of its technology with zero-delay trade execution, real-time market information and maximized uptime.
 
“RCN Metro’s 165 Halsey facility is an ideal setting for our most critical data center concerns -- location, power and cooling systems,” said Jeremy Krinn of Wolverine Trading.
 
Krinn said that RCN Metro also has a proven network and industry expertise to help ensure that the company can execute on its business objectives.
 
“The addition of Wolverine’s sizeable footprint within our high-density colocation facility demonstrates a strong commitment from a leading financial technology firm for whom low-latency and uninterrupted throughput is key,” said Felipe Alvarez (News - Alert), president of RCN Metro.
 
Alvarez said that with many of the financial exchanges expanding operations in New Jersey, the company’s strategically located facility represents the latest in technological innovation best suited to the needs of the financial services customers.
 
RCN Metro, a division of RCN Corporation, is a provider of high-capacity transport services for carriers as well as large- and medium-size businesses.

Anil Sharma is a contributing editor for TMCnet. To read more of Anil’s articles, please visit his columnist page.

Edited by Marisa Torrieri


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