Frankfurt, Germany – 24 June 2008 – euNetworks (SGX: H23.SI), Europe’s foremost provider of mission-critical, extreme performance and capacity data services to large corporates, carriers and services providers, today announced that it has concluded an agreement with German Concord Investmentbank AG (Concord). Under the terms of the agreement, euNetworks will deploy ether|nex, an Ethernet based networking solution, to connect Concord’s various corporate sites across Frankfurt (Germany).
Concord, an independent investment bank for small and middle capitalization companies, focuses on securities brokerage and corporate finance services. Concord required a highly reliable and, at the same time, scalable solution to connect their offices and back up locations in Frankfurt. euNetworks enabled Concord with ether|nex, a high availability 1 Gigabit Ethernet solution for the real-time sharing of applications and speedy transfer of data. ether|nex is deployed over euNetworks’ all-fiber optic network, providing Concord with a highly secure and scalable platform to ensure mission critical trading conditions for their expanding customer base.
Peter Pohlmann, Head of IT department, Concord Investmentbank AG, commented: “As one of the leading brokers in equity trading in DAX, MDAX, SDAX and TecDaX companies, we demand the utmost levels of service from our suppliers. euNetworks enabled us with a secure and scalable platform to support our next generation communication requirements, designed and deployed bespoke to our most exacting needs. “
“Concord Investmentbank AG operates in a highly regulated sector and therefore demands top levels of security and reliability,”
ether|nex services
ether|nex is euNetworks’ Ethernet solution, primarily designed for companies that need to link multiple offices, locations or exchanges for the real-time sharing of applications, speedy transfer of data or the storage and replication of mission critical information. ether|nex is deployed on dedicated fiber for unrivalled security and scalability, connecting 15 of Europe’s largest cities across five countries. Organisations can connect numerous offices in different cities and even countries with minimum complexity, minimum cost and a range of speeds and capacities.
