While last week’s Sifma Technology Management Conference was down overall in terms of numbers of exhibitors, one segment had more of a presence compared to previous years: companies offering co-location (sometimes referred to as proximity) services. Joining show stalwarts like BT and Savvis, and recent comers such as Fixnetix, were names including CoreSite (formerly CRG West), Equinix, GlobeOp Financial Services, Interxion, Switch and Data, Telx and Xand Corp. The continuing pursuit of lower latency for market data delivery and trade execution was the driver for the increased show presence, and of those companies’ offerings.

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Bowing to client pressure for lower-latency direct market access, BT has added a second New York-area hosting facility, this one in New York City itself. BT has operated a proximity services centre in New Jersey’s Meadowlands for some time; the new facility, believed to be located in Downtown Manhattan, offers closer proximity to many New York-based execution venues than the Meadowlands site.

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Having streamlined its management team, France Telecom’s Orange Business Services - Trading Solutions unit has named Sébastien Jaouen as head of its Trading Community Services line of business, which aims to leverage the company’s new Multi Protocol Label Switching (MPLS) trading network. Orange is among several trading infrastructure suppliers to take advantage of the fallout from SunGard’s acquisition of GL Net, which has seen several senior GL executives depart for new pastures.

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