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: Optimising cloud, marketplaces & managed data services

Financial institutions are under mounting pressure to rethink how they source, manage and distribute market data. Rising data volumes, multi-cloud adoption and the operational demands of regulations such as DORA are exposing the limits of legacy infrastructure, and driving firms toward managed services and cloud-native delivery models that can offer greater scalability, resilience and cost...

BLOG

TXSE Selects Exegy FPGA Technology for Market Data Infrastructure

The Texas Stock Exchange (TXSE) has selected Exegy to provide FPGA-based market data feed handlers as part of its launch infrastructure. TXSE is positioning itself as the first fully integrated U.S. equities exchange built from scratch in more than 25 years. As part of that ground-up approach, the venue has opted to deploy FPGA technology...

EVENT

TEST Event page 1

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Institutional Digital Assets Handbook 2024

Despite the setback of the FTX collapse, institutional interest in digital assets has grown markedly in the past 12 months, with firms of all sizes now acknowledging participation in some form. While as recently as a year ago, institutional trading firms were taking a cautious stance toward their use, the acceptance of tokenisation, stablecoins, and...