May 21, 2022

London Stock Exchange data center migration project secures EXA low latency network support

The migration of the London Stock Exchange Group (LSEG) data center continues, with connectivity provider EXA Infrastructure confirming that it has reached an agreement to connect the new facility with low latency connectivity.

LSEG is in the process of migrating data and workloads hosted at its main City of London data center to a new alternative data center campus overseen by colocation provider Telehouse on the Isle of Dogs.

News of the migration appeared via fintech blog A-Team Insight in October 2020, with LSEG providing regular updates on the progress of the project to its customers via the Service Announcement Changes page on its website.

The most recent of these notifications confirms that customers are now able to access the new IP addresses for all customer development, legacy and production environments within its new data center complex, starting in February 2022.

In addition to hosting the data that underpins LSEG’s business, the new facility will contain the trading and market data platforms for its partner organization Turquoise Europe. It was launched in 2020 to provide brokers with a single point of access in 17 different European countries.

Computer Weekly understands that the migration process began during the third quarter of 2021 and is expected to be completed by August 2022, with LSE confirming in a customer briefing note that its old site will no longer be operational from Tuesday 30 August 2022.

In a statement, EXA Infrastructure confirmed that it is one of a handful of network providers who have obtained the necessary accreditation to provide low and ultra-low network connectivity to the new LSEG data center.

“EXA Infrastructure will provide dark fiber, wavelength and Ethernet services over the network to LSEG for use by all co-located users in the data center,” the company said in a statement.

“EXA’s extensive land and submarine network across Europe and the North Atlantic is uniquely suited for trading venue connectivity, with all major European and North American stock exchanges networked and seamlessly routed. diversity, and its Hibernia Express cable offering the lowest latency between London and New York at less than 59 milliseconds (mS) for a round trip.

Andrew Haynes, executive vice president of products and technology at Exa Infrastructure, said its selection as the network provider for the LSEG is a big feather in the hat for the company and its technology.

“There can be few instances where the quality and speed of a network is more important than when connecting to the London Stock Exchange, so the decision to entrust EXA Infrastructure with the connectivity provider for the new data center is the highest possible endorsement of our abilities,” he added.