Getting More Secure With Dark Fiber

For years, financial institutions have been dark fiber enthusiasts. Up until recently, the reasons why have been fairly simple: control and speed, which serve as the key components for increasing or decreasing bandwidth. On Wall Street, having that “predictable ownership economic advantage” could make you millions and set you apart competitively. Couple that with having complete control over the network and the ability to manipulate bandwidth capacity at any given time, and financial institutions find themselves with a major advantage.

In today’s environment, network security breaches are not only talking points within the industry and throughout analyst reporting, but also sWall Streeterve as news bites across mainstream media. As data growth and – in turn – bandwidth needs increase all around the globe, companies are trying to accomplish two things; successfully fulfill their networking and storage needs by assessing and building out their networks, and doing so securely and without disruption to service.

Now financial institutions need to consider dark fiber for more reasons other than ownership economics and bandwidth control. Dark fiber is physically private, which enables users to control the equipment and software they deploy, thereby ensuring the utmost security parameters are met for their specific line of business. Additionally, building out a customized dark fiber network that connects to multiple strategic data center sites meets typical security standards and eliminates the possibility of loss of service.

“ have many hurdles to overcome when implementing a strategy that successfully meets the demands of their business,” comments John Trodden, Jr., SVP of Sales for Axiom Fiber Networks. “Bandwidth control is paramount in an ever-changing environment and having the ability to change bandwidth internally, without engaging your service provider, allows for greater economies of scale. Axiom Fiber provides Wall Street with a resilient, customized network that allows for ultimate control and peace of mind.”

In short, financial workloads require extreme bandwidth and secure connectivity that service providers who sell traditional Ethernet services simply cannot provide. The connection between firms and the data center rely on the speed of the network, and the potentially precarious amounts of data that financial fiMoneyrms control is best suited for a dark fiber network. By partnering with a dark fiber network whose interconnections to customers are competitive,  secure and compliant, is obviously the way to go.

When you’re ready to set yourself apart from other financial institutions on Wall Street, the Axiom sales team is ready to discuss the benefits and resiliency of the dark fiber we provide. We know the impact of downtime and are here to engineer the best solution for your peace of mind. The resilient network is in the dark fiber Axiom delivers with the Speed, Simplicity and Confidence your financial firm deserves.

Contact us today to learn more.

Your Job is Making Money, Ours is Making Sure You Don’t Lose It

It’s time to talk about what happened at the New York Stock Exchange this summer. The telecom world panicked after news broke that the Stock Exchange was shut down due to a “major glitch” and it got us thinking about network downtime and the consequences of unprecedented levels of interconnection. Network downtime can have a serious economic impact and is likely to break the confidCharging_Bull_statueence of network consumers. A fresh understanding of these networks, and how they are vulnerable, is needed.

Axiom Fiber Networks recognizes the vulnerability and resilience of networks.

With malicious threats and the inevitability of natural disasters, critical changes in telecommunications infrastructure are underway. Financial organizations are proactively pursuing ways to protect their networks swiftly and securely. By deploying Axiom’s dark fiber network, these financial organizations recognize the physical security, our dedicated strands of fiber provide, along with the scalability and affordability they need to control their network, with added resiliency and redundancy. . Traditional lit services are no longer the go–to solution.

Where is that resilient network?MarketDownArrow

In 2004 Gartner® estimated the average hourly cost of downtime for networks of small to medium-sized business at $42,000[1]. That begs the question, how much of our work is done over the network compared to in 2004? Almost 11 years later the gravitas of this number is incomprehensible for financial organizations. Based on industry surveys, the estimated cost of downtime is $5,600 p/minute, which could mean $300K p/hour. [2] For finance institutions, where banks and exchanges have high-level data transactions, losses could be calculated in millions of dollars.

Dark Fiber is the obvious choice.

The applications in financial organizations require extreme bandwidth that traditional Ethernet services cannot provide.   The data connection between firms and the data center rely on the speed of the network. The potentially precarious amounts of data that financial firms control is best suited to a dark fiber network.

Partnering with a dark fiber network, whose interconnections to customers are competitive and compliant, is the way to go.

The Axiom sales team is ready to discuss the benefits and resiliency of dark fiber. We know the impact of downtime and are here to build the solution for your peace of mind. The resilient network is in the dark fiber Axiom delivers with the Speed, Simplicity and Confidence your financial firm deserves.