Teraco and Dark Fibre Africa complete high-speed fiber optic link for Johannesburg Stock Exchange market data

Africa’s largest vendor neutral data center, Teraco, recently announced that a high speed, low-latency fiber link between the Johannesburg Stock Exchange (JSE) and the Teraco Isando data center in Johannesburg has been completed by Dark Fibre Africa. This new route provides capital market participants with reliable, high-bandwidth and high-speed connectivity required to transport critical financial data.

Jan Hnizdo, Chief Financial Officer, Teraco, says: “The route, which spans 32 km, enables the Teraco community to provide capital market participants with solutions for high-bandwidth, low-latency connectivity. In real terms, this link offers a sub-500 microsecond round trip and is a virtual extension of the JSE’s ‘meet me room’ into Teraco.”

Hnizdo says that the new route is significant for all capital market participants, including brokers, traders, market data providers and the carriers that service the capital markets ecosystem, as the link provides direct access to the JSE. Additionally, this link gives market data participants the choice of connecting with more than 150 network and connectivity providers, covering local and international markets, including the whole of Africa.

“Teraco is an African and international connectivity gateway. We provide access to over 150 international and local telecommunications companies, including the submarine cables landing in South Africa – Jan Hnizdo, Chief Financial Officer, Teraco”

Teraco works with South African capital market participants to connect them to global data centers and internet exchanges, in order to access local and global financial markets. Teraco’s has set up almost 5,000 such connections within the past five years.

“As the recognized African leader in data center infrastructure, Teraco provides the type of high-quality hosting and access to connectivity that is required by financial institutions to grow their market share and operate in local and global financial markets,” says Hnizdo.

Teraco is currently working on the construction of its second data center in Johannesburg, bringing Teraco’s total ICT infrastructure investment to over 1 billion ZAR (75.1 million USD). Upon completion of Teraco’s second data center, the company will be Africa’s largest mega data center.

“We are confident that Teraco will continue to grow and significantly improve the course of the internet and business in Africa,” concludes Hnizdo.

Source: Teraco Data Environments | Archives Links

Recommended