Optimum Lightpath Connects to Key Telx Facilities to Meet Increasing Low Latency Demands of Financial Services Sector

NEW YORK, June 3 /PRNewswire/ --  Customer Business Exchange "CBX" – Optimum Lightpath®, a market leader in Ethernet-based communication solutions for New York metropolitan area businesses, announced today that it has expanded service into Telx's Clifton, New Jersey colocation and interconnection facility to serve key financial hotspots in New York City and Northern New Jersey. Telx®, a leading interconnection and colocation provider in strategic North American markets, serves some of the most advanced algorithmic trading, service providers and financial exchanges in the world. Many of these businesses now have access to Optimum Lightpath's completely fiber-based services in New York City and Northern New Jersey for low latency and route diversity advantages.  

Expanding Capabilities To Meet Emerging Market Demand

The latest connection to Telx's facility located at 100 Delawanna Avenue in Clifton expands Optimum Lightpath's connection to Telx facilities at 111 8th Avenue in New York City and 300 Boulevard East Weehawken in New Jersey. As a result, Optimum Lightpath is uniquely positioned in the New York metropolitan area, to meet the increasing low latency demands from financial services organizations that connect to Telx facilities from key financial hotspots around the globe.  Optimum Lightpath has custom-designed low latency routes between these Telx facilities to guarantee optimal performance and microsecond-level speeds that are in high demand within the financial services sector.

"Competition in the financial services sector has primarily become defined by speed and Optimum Lightpath continues to take steps to stay ahead of this need and ensure that its customers have the advantage they need to be successful every day," said Michael Sevret, Vice President of Sales for Optimum Lightpath. "From our recently introduced low latency and 40 gigabit optical transport services to our latest connection to Telx's state of the art Clifton facility, we are providing the tools needed to power the array of complex businesses in the financial services sector. Beyond the technical advantage that these companies demand, Optimum Lightpath also delivers the fast turn-up times and award-winning customer service that businesses crave."

A Strategic Financial Services Market Connection

Telx's 24,000 square feet of colocation space at 100 Delawanna Avenue, Clifton, New Jersey, located 11 miles outside of New York City, is a premier address for financial services colocation and interconnection services. The strategic location offers customers the ability to lease private cages and cabinets, with direct access to more than 400 carriers, business exchanges, and enterprises through a single cross-connection. This site is ideally suited for Financial Services, enterprise, media and entertainment and cloud computing customers looking for a location outside of New York City to host their business continuity/disaster recovery, storage back-up, or other networking applications. 100 Delawanna Avenue also provides access to all major Financial Exchange networks. Carrier customers looking to expand their presence in a NY Telx facility choose this location in order to reach more customers and optimize their network among several Points of Presence (PoPs). 100 Delawanna Avenue is a strategically located building that services New York City and Northern New Jersey markets.

The Clifton, Weehawken and 8th Avenue facilities serve markets that are commonly considered strategic for financial services companies that demand route diversity and low latency routes to connect to financial Electronic Communications Networks (ECNs), data centers and algorithmic trading systems. Optimum Lightpath has remained ahead of this demand with a far-reaching, all-fiber network that can deliver innovative products and services that are key to the financial community, including low latency optical transport service, 40 Gigabit optical transport service and Virtual Private Ring Service (VPRS).

"Telx serves the financial services industry and enterprise customers that have the most stringent performance and reliability demands," said William Kolman, Vice President of Sales for Telx. "Optimum Lightpath has worked with Telx and our customers extensively, demonstrating along the way that it has the network performance and commitment to customer service needed to meet these demands. As we continue to expand to meet the growing needs of the financial services market, Optimum Lightpath will remain a key partner in helping us ensure that our customers' needs are met every step of the way."

About Optimum Lightpath

Optimum Lightpath, a division of Cablevision Systems Corporation (NYSE: CVC), is an industry leader in providing advanced Ethernet-based data, Internet, voice, video transport solutions and managed services to businesses across the New York metropolitan area. Optimum Lightpath's Network is a highly reliable, resilient, and scalable fiber-to-the-business-premises network extending more than 3,900 route miles connecting more than 3,800 buildings. Exclusively focused on meeting customer needs in the world's largest business market for 20 years, Optimum Lightpath has been continually recognized for its high level of customer service. For 12 straight years, the New York State Public Service Commission has given Optimum Lightpath its Commendation of Excellence. Optimum Lightpath has received many industry awards for innovation and leadership. For more information, visit www.optimumlightpath.com.

About Telx

Telx is a leading provider of interconnection, colocation and business exchange services in strategic, high demand North American markets.  With 15 premier facilities, Telx increases speed to market and reduces connectivity costs by providing direct connections to the industry's highest performance networks and access to more than 750 leading telecommunications carriers, ISPs, content providers and enterprises. Telx is a privately held company headquartered in New York City with four facilities in the New York Metro area, two facilities in Chicago, two facilities in Dallas, three facilities in California, (Los Angeles, San Francisco, and Santa Clara) and facilities in Atlanta, Miami, Phoenix and Charlotte, N.C. For more information about Telx, visit www.telx.com.

SOURCE Optimum Lightpath

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