PCCW Global, a leading international telecommunications service provider, has announced that it has become an Accredited Connectivity Partner for the London Stock Exchange (LSEG), facilitating fast and secure data transfer for financial service providers through the on-demand Console Connect platform.
The platform addresses businesses’ need for direct, secure connectivity to move mission-critical market data between their premises, data centres, devices and LSEG services.
By using the Console Connect platform, businesses can seamlessly transfer data via PCCW Global’s automated and privately managed network that delivers the reliability and low latency required of the financial markets.
Thousands of businesses are already interconnected via the Console Connect platform, including a growing financial services sector. This enables users to create communities of directly connected service providers, clouds and applications.
Traffic on the underlying PCCW Global network is isolated from the public Internet, removing the need for financial service providers to deploy VPNs.
As direct data transfer requirements to and from LSEG grow, the Console Connect platform enables financial service providers to scale their network to meet peak traffic demands. This grants them greater control and visibility over network costs through a pay-as-you-use model.
“With reliability, speed and agility being so critical to the financial sector, PCCW Global and Console Connect are well positioned to help businesses with the transfer of important data to LSEG. Our on-demand platform and global automated network can help businesses worldwide access LSEG securely and on their own terms,” said Frederick Chui, CEO, PCCW Global.
“We are excited to welcome Console Connect as an Accredited Connectivity Partner. Their experience, expansive global network reach and user-friendly portal will benefit our Customer Managed Connectivity service, meeting the needs of customers who require connections via reliable, fast turn-around network connectivity,” said Nigel Harold, Head of Hosting and Connectivity, London Stock Exchange.
The PCCW Global network extends LSEG’s reach to key financial markets across Asia, including Singapore, Australia, Hong Kong, Indonesia, Japan and Malaysia. All connections are backed by stringent SLAs, covering jitter, packet loss and latency.
To find out more on the accreditation and how PCCW Global and Console Connect enhance connectivity to the LSEG, click here.
