Orolia and NexGen Launch Time as a Service Partnership

Resilient, Traceable and Precise Timing Solutions for Financial and Enterprise Networks

New York, NY, June 6, 2019 Orolia and NexGen Networks announced today the signing of a strategic partnership to increase the security and reliability of financial trading systems and other critical networks that rely on extremely accurate timing. This Time as a Service (TaaS) technology solution delivers reliable and resilient time sources, as well as increased security through assured redundancy, interference detection, and mitigation- without the need to buy, deploy and maintain hardware.

Resilient timing solutions are essential for financial and other critical infrastructure programs where time plays a critical role in operations or meeting regulatory requirements. Whether from unintentional interference or deliberate system spoofing and jamming, critical networks are more and more vulnerable to service interruptions. Choosing the right resilient timing solution can help ensure continuous access, verify authentic data transactions and prevent malicious attacks. This timing industry news was announced during the annual Securities Technology Analysis Center (STAC) Summit in New York, NY.

The Orolia-NexGen partnership will offer customers a best in class combination of the industry’s most advanced timing solutions, including Orolia’s DISA-approved SecureSync® wireless resilient time server platform, BroadShield® interference detection and mitigation technology, and anti-jam antennas. NexGen’s proven data center and fiber optic network solutions will provide additional resiliency through dark fiber, wired connections to draw upon other time servers if a site becomes compromised. The combined technology suite delivers the full range of resilient timing solutions in a TaaS format that requires no hardware investments.

“Today’s financial systems and other critical infrastructure networks are increasingly vulnerable to network attacks that can disable operations and cause millions of dollars in damage,” said Orolia Commercial Director Jeremy Onyan. “We’re excited to introduce this unique resilient timing partnership to better protect and enable critical infrastructure networks worldwide with a cost-effective, service-based approach.”

“The importance of robust timing infrastructure for not only the financial industry is rapidly becoming invaluably relevant on cybersecurity agendas across all industries,” said NexGen’s Senior Sales Director Janesh Mistry. “This partnership represents the best in class expertise combining both Global Telecoms and Timing to deliver a Zero-Hardware solution for enterprises to readily consume within datacenters across the globe.”

About Orolia
Orolia is the world leader in Resilient Positioning, Navigation and Timing (PNT) solutions that improve the reliability, performance and safety of critical, remote or high-risk operations. With locations in more than 100 countries, Orolia provides virtually failsafe GPS/GNSS and PNT solutions to support military and commercial applications worldwide. www.orolia.com

Press Contact:
Jennifer Hewitt, (571) 388-8671, jennifer.hewitt@orolia.com

About NexGen
NexGen Networks, www.nexgen-net.com, is the premier global provider of tailored, high-capacity communications services to carrier and enterprise customers. NexGen Networks is committed to delivering cost-effective, custom solutions coupled with superior industry expertise, service and support that allows for unparalleled time to market connectivity. It offers a comprehensive suite of facilities-based services including: Ethernet, SONET, Wavelength, Dark Fibre, Internet Access, Colocation, Time As A Service (TaaS), Cloud Access & more. Its fibre optic network leverages unique rights-of-way that deliver connectivity to the major metropolitan areas in North America, Europe and the Far East. While consistently building upon its private and public IP and Ethernet expertise and evolving its capabilities to continually meet the needs of its customers, large and small, it has continued to maintain a superior standard of customer service and support.