Tata Communications on Wednesday launched a low latency network which will seamlessly connect major financial capitals in Asia, the United Kingdom and the United States.

The network is the first low latency service that offers a pure multipoint Ethernet platform to the financial services sector and other global industries, accelerating global high frequency trading and other low latency applications.

Designed for companies that require a secure, reliable and fast low latency solution, the network will enable financial firms to execute a high frequency trade between locations, such as London and Hong Kong or New York and Singapore, in milliseconds, through a single network and single supplier model.

John Hoffman, Head of Ethernet Product Management, Tata Communications said, “The new low latency network is the latest cutting edge offering in our portfolio. Global financial trading firms initially drove the need for this solution as every millisecond of latency is critical for trading. However, due to rising complexity and importance of specific mission critical applications, we are also seeing an uptake in demand for similar levels of latency from a growing range of sectors and businesses.”

The new network enables customers with low latency needs to work with a single global supplier instead of multiple country specific point to point network providers. Customers can build multipoint low latency networks that communicate from city to city rather than exchange to exchange to serve applications for which latency is crucial, regardless of the software or trading platform used.

Joel Stradling, Principal Analyst, Current Analysis, says, “Tata Communications has been an aggressive early mover in Ethernet and currently offers the largest multipoint to multipoint service network in the market. The combination of its strong global footprint, a broad portfolio of Ethernet choices, operational simplicity that helps to drive cost reductions and an unmatched PBB technology rollout, makes the company’s new Low Latency offer compelling to prospects.”

Tata Communications’ low latency multipoint service has been designed to offer up to 35 per cent savings on circuit and operations costs. Whereas low latency networks have traditionally been offered over MPLS or relatively expensive layer 1 technologies, the software and platform agnostic Tata Communications’ low latency network is the only multipoint Ethernet service offering on a single network backed by 802.1ah, Provider Backbone Bridging (PBB) technology. PBB is uniquely offered by Tata Communications and, in addition to offering true Ethernet multipoint technology with add