Australian telco Telstra has launched a new low latency service for data centers in Australia.

The telecoms carrier’s first low latency comms link will be between CME Group’s Aurora data center and the Australian Liquidity Center.

This will provide the data center owner’s local financial services clients with fast and reliable connectivity into other major financial centers, such as the Australian Securities Exchange (ASX) in Sydney, Australia.

According to Telstra’s global head of financial services Matthew Lempriere the service is upgradeable and can easily handle the rapidly changing bandwidth demands that characterize the financial services industry.

The new offering includes Low Round Trip Delay technology which is designed for global cloud based trading systems.

The service offers single point accountability and responsibility with user-friendly diagnostic systems.

“Telstra is building on the momentum of previous point of presence placements in the Singapore Exchange and Hong Kong Stock Exchange in 2013,” Lempriere said.

Telstra is an approved carrier of the CME Group’s colocation facility and conforms to the open access model for other telecoms providers.

The service is available to all CME Group customers trading out of the Aurora data center.

The new Point of Presence (PoP) at CME Group’s data center will help address customer demands from around the world, by providing better market data and the minimal latency possible when accessing the US market, according to Telstra.

“Financial institutions are increasingly facing diverse challenges relating to speed, resilience and integrity of data,” Lempriere said.

“At the same time they want higher bandwidth and reliable low latency connectivity”.