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Service Sports Compliance Sidecar

Time for a quiz. If you answer "yes" to the following questions, you may be able to get some fast and easy iSCSI storage -- without investing in new equipment:

  • Do you work for a financial services firm?
  • Are you looking to Ethernet services for faster automated trading and stock reports?
  • Is your company located in London or New York?

If you answered any in the affirmative, a U.K.-based carrier, Exponential-e, is ready to sell you an unlimited amount of SATA-based iSCSI disk capacity with Ethernet links to various stock exchanges.

The service, called Financial Service Creation Platform (Financial SCP), offers customers Ethernet LAN connectivity to the Chicago Board of Trade, Chicago Board Options Exchange, the Deutsche Beorse in Europe, and the Securities Industry Corporation (SIAC), which in turn incorporates links to the New York and American Stock Exchanges -- all via a single circuit operating at rates from 10 Mbit/s to 1 Gbit/s. On top of that, customers can add any amount of iSCSI storage to network in order to keep records of the transactions they make.

The goal is to offer double-digit improvement in access time for financial firms, while ensuring that when the compliance guys knock, they'll be ready.

It's a new twist on a growing trend. In the U.S., another carrier, Yipes Enterprise Services, which has a partnership agreement with Exponential-e for facilities sharing, also provides Ethernet links directly to worldwide stock exchanges -- and to a range of market data feeds as well. (See Yipes, Exponential-e Hook Up.) Customers also can order Yipes Protect, an online backup service offered by Yipes in connection with Iron Mountain. But Yipes's FinancialConnect service does not come with integral iSCSI storage.

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