Hibernia’s recent announcement with Huawei shows that Project Express is underway and taking the necessary steps to complete the cable build. The purpose of Project Express will be to connect London to New York, two of the largest exchanges, with the lowest latency. Announced in 2010, Project Express has made significant strides since then. November 2011 brought on the physical survey where ships surveyed the entire proposed route.
The significance of Hibernia’s latest news with Huawei is that manufacturing of the cable is now underway. With the cable manufacturing underway, the next step will be the installation and delivery of service. Project Express will be an essential key route addition to Hibernia Atlantic’s existing Global Financial Network (GFN), by uniting hundreds of financial exchanges and global banks with a single low latency connection.
For more information on Project Express, visit www.hiberniaatlantic.com.
