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

A-Team Insight Blogs

Twin Lakes Set To Roll Aurora-Chicago Microwave Service

Subscribe to our newsletter

Chicago-based Twin Lakes Ventures plans to next month roll out microwave service between the Chicaco Mercantile Exchange’s Aurora, Il data centre and the popular proximity centre and telecom carrier hotel at 350 East Cermak Street in downtown Chicago.

Twin Lakes is tapping the services of CCSI, whose principals founded the company.  CCSI designs, builds and maintains wireless communications networks and facilities, the company having several years of experience of building microwave backhauls for carriers. Now, the company offers turnkey solutions, leveraging its in-house staff, choosing not to outsource functions in order to maintain high quality.

The Aurora to Chicago service will provide four channels, each with 160 mbps capacity. CCSI principal Gene Callahan is not saying how fast it will be, but is confident it will beat existing fibre connections. The microwave link has just two hops and is very close to the “as the crow flies” distance of about 33 miles. Callahan says customers are already signed up to use the service, though the company has just begun marketing to add more.

The 350 Cermak facility – which once housed the CME’s core matching engines before their move to Aurora – is home to markets like IntercontinentalExchange, as well as several proximity services operated by the likes of Equinix and Telx. It’s also a key connectivity point from other cities and is served by a number of market data vendors. As such, it is a popular building in which to locate trading systems that require access to multiple markets.

For the future, Callahan says that Twin Lakes is “working on several of the obvious – and not so obvious – locations around the world to provide microwave networks serving low-latency customers.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Data platform modernisation: Best practice approaches for unifying data, real time data and automated processing

Financial institutions are evolving their data platform modernisation programmes, moving beyond data-for-cloud capabilities and increasingly towards artificial intelligence-readiness. This has shifted the data management focus in the direction of data unification, real-time delivery and automated governance. The drivers of this transition are improved operational efficiency as manual processes are replaced by faster, more accurate automated...

BLOG

Market Data Distribution Parity: Redefining Fairness

By Scott Schweitzer, Independent Consultant, LDA Technologies. Electronic exchanges play a vital role in the financial industry, providing a robust and trusted forum for trading and execution without issue. But even so, the technology available to exchanges has traditionally led to discrepancies in data distribution, from microseconds to nanoseconds, which can be critical for latency-sensitive...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

The Data Management Implications of Solvency II

This special report accompanies a webinar we held on the popular topic of The Data Management Implications of Solvency II, discussing the data implications for asset managers and their custodians and asset servicers. You can register here to get immediate access to the Special Report.