Winterflood Securities has installed a dedicated metro Ethernet internet connection into its office in order to support its network of brokers and financial institutions.
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The connection - designed to give easy, fast and secure access to its real-time trading application Winner Trader - is supplied by network connectivity specialist Exponential-e, and is claimed to enable Winterflood clients access to pricing information and to buy and sell shares in a matter of milliseconds.
Previously the company had to install specific software onto each individual client’s PC. This led to resource implications when maintenance and support issues were raised. The migration to running Winner Trader online via a standard web browser simplified the whole process. Clients now have only to log on via their web browser using secure user IDs and passwords.
Noel Mooney, head of technology at Winterflood, said, “Maximum uptime of user and client connectivity is critical to our business. We therefore needed a solution which offered resilience and diversity.”
Winterflood already had a 10mbps Ethernet connection for its e-mail and web based requirements and it is now using a metro Ethernet connection to connect to its brokers and clients outside its own network.
The use of Ethernet technology outside the firm means there is easier and cheaper connectivity to the firm’s existing Ethernet local area network as it does not have to use expensive leased lines which are commonly used in the financial sector.
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