TORONTO – April 23, 2024 – Canadian Securities Exchange (CSE) selects Crosslake Fibre for a resilient infrastructure network solution for the CSE’s high-performance, low latency trading platform.
Featuring a state-of-the-art network solution, this strategic enhancement adds resiliency between CSE’s data centres in Toronto. The advanced network architecture of Crosslake’s dark fibre route is designed to be fully diverse from existing fibre pathways, thereby bolstering the redundancy and low latency performance essential for the trading environment.
The dark fibre route is a testament to Crosslake’s commitment to providing cutting-edge infrastructure solutions that address the evolving needs of financial markets. The new system not only strengthens network reliability but also supports the continuity of operations with enhanced risk management capabilities. This is crucial for the CSE, where even a momentary lapse in connectivity can have significant financial implications.
“Crosslake Fibre has utilized its in-depth industry knowledge and technical expertise to design and implement a solution tailored specifically to our needs. The project was initiated and completed within a stringent timeline, demonstrating Crosslake’s ability to deliver infrastructure swiftly and efficiently,” states David Timpany, VP Technology & Operations of the CSE.
“The enhancements to the CSE’s network infrastructure underscore our expertise in deploying high-capacity, low-latency solutions for the financial sector,” states Mike Cunningham, Chief Executive Officer of Crosslake Fibre. “This project not only demonstrates our technical capabilities but also reinforces our position as a trusted partner for mission-critical services.”
About Canadian Securities Exchange:
The Canadian Securities Exchange is a rapidly growing exchange invested in working with entrepreneurs, innovators, and disruptors to access public capital markets in Canada. The Exchange’s efficient operating model, advanced technology and competitive fee structure help its listed issuers of all sectors and sizes minimize their cost of capital and enhance global liquidity. Our client-centric approach and corresponding products and services ensure businesses have the support they need to confidently realize their vision. The CSE offers global investors access to an innovative collection of growing and mature companies.
About Crosslake Fibre:
Crosslake Fibre is an international network services provider specializing in providing high-availability, low-latency, diverse transport and dark fibre connectivity services to telecommunications companies, hyperscalers, financial services, and large enterprises in North America and Europe.
For further information, press only:
Carey Copeling (carey@crosslakefibre.ca)
