JSE gets hi-speed data connectivity


Johannesburg Stock Exchange


JOHANNESBURG, (CAJ News) – CAPITAL markets participants in the Johannesburg Stock Exchange (JSE) are poised to benefit from reliable, high-bandwidth and high-speed connectivity required to transport critical financial data.

This follows the completion of a high speed, low-latency fibre link between the Johannesburg Stock Exchange and the Teraco Isando data centre in Johannesburg.

Teraco, Africa’s neutral data centre colocation operator, confirmed the completion of the project by Dark Fibre Africa.

Jan Hnizdo, Chief Financial Officer at Teraco, said the route, which spans 32 km, enabled the Teraco community to provide capital market participants with solutions for high-bandwidth, low-latency connectivity.

“In real terms, this link offers a sub-500 microsecond round trip and is a virtual extension of the JSE’s ‘meet me room’ into Teraco,” said Hnidzo.

He said that the new route is significant for all capital market participants including brokers, traders, market data providers and the carriers that service the capital markets ecosystem as it provided them
direct access to the JSE and the additional choice of connecting with more than 150 network and connectivity providers, covering local and international markets including the whole of Africa.

Teraco is an African and international connectivity gateway, providing access to over 150 international and local telecommunications companies, including the submarine cables landing in South Africa.

“As the recognised African leader in data centre infrastructure, Teraco provides the type of high-quality hosting and access to connectivity that is required by financial institutions to grow their market share and operate in local and global financial markets” says Hnizdo.

Teraco is currently constructing its second data centre in Johannesburg, bringing its total ICT infrastructure investment to over R1 billion.

Upon completion, it is said Teraco, founded in 2008, will be Africa’s largest mega data centre.

“We are confident that Teraco will continue to grow and significantly improve the course of the Internet and business in Africa,” said Hnizdo.“

-CAJ News

Short URL: http://cajnewsafrica.com/?p=8142

Posted by on Sep 15 2015. Filed under Africa & World, Broadband, Featured, Finance, Finance & Banking, National, Regional, Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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