About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Apcela Funding Supports Expansion of Application Accelerator Platform

Subscribe to our newsletter

Apcela, provider of a platform that accelerates applications and data between legacy enterprise data centres and the cloud, has closed additional funding from existing investor Claritas Capital and named former SunGard executive Jack Dziak as president and chief operating officer.

The company’s low-latency application delivery platform, AppHUB, helps users manage application performance in hybrid IT environments and was originally built for sophisticated high-frequency trading firms. The solution bridges legacy premises-based IT and cloud environments to manage application performance and security. Its SD-WAN overlay enhances, and sometimes replaces, existing MPLS or hybrid WAN networks, while its distributed security platform improves performance by moving an existing security environment and policies closer to users and cloud applications, ensuring business critical applications are available to any user, on any device, anywhere.

Mark Casey, CEO of Apcela (formerly CFN Services), says: “As hybrid IT becomes the norm, companies increasingly need help delivering application performance and security across an evolving and more agile architecture. This investment enables us to expand our solution set around these challenges and transform the enterprise WAN from a centralised and siloed IT architecture into a next-generation, distributed-edge infrastructure delivering speed, performance, and security for critical applications.”

Dziak, who joins Apcela from the post of executive vice president, global products, at SunGard Availability Services, adds: “I’ve been an Apcela customer multiple times and have directly benefited from the measurable, game-changing capabilities the company brings to its clients. Application acceleration is not an abstract term with Apcela, the company’s track record is real – bringing strong technical, operational, and financial benefits to clients in a way its competitors cannot.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining infrastructure can take months and absorb significant budget before a single model is tested. At the...

BLOG

MEMX Maps Technology and Product Expansion Following TMX-BOX Deal

Two weeks after announcing its proposed US$2.3 billion combination with BOX, MEMX is beginning to map out how the enlarged group will integrate its technology, broaden its options offering and support expansion into new products and asset classes. Jonathan Kellner, chief executive of MEMX, tells TradingTech Insight that the combination will bring together three distinct...

EVENT

Digital Assets & Tokenisation Briefing, New York

A-Team Group’s Digital Assets & Tokenisation Briefing assembles an exclusive group of CxOs and senior technology innovators. These leading market practitioners and infrastructure providers are collectively building the digital rails and decentralised networks that will power Wall Street 2.0.

GUIDE

Corporate Actions 2009 Edition

Rather than detracting attention away from corporate actions automation projects, the financial crisis appears to have accentuated the importance of the vital nature of this data. Financial institutions are more aware than ever before of the impact that inaccurate corporate actions data has on their bottom lines as a result of the increased focus on...