ICE Offers Real-time and Historical Data Access in China with Zenlayer

Zenlayer
3 min readMay 24, 2023

Intercontinental Exchange, Inc. (ICE) is a Fortune 500 company and provider of marketplace infrastructure, data services and technology solutions. ICE operates regulated marketplaces — including the New York Stock Exchange (NYSE) — for the listing, trading and clearing of a wide range of derivatives contracts and financial securities across major asset classes.

ICE’s comprehensive data services solution supports the trading, risk management, investment, and connectivity needs of customers around the world. As a leading technology provider for the U.S. residential mortgage industry, ICE Mortgage Technology provides the technology and infrastructure to transform and digitize U.S. residential mortgages, from application and loan origination through to final settlement.

To serve its global customer base, ICE requires lightning-fast connectivity with minimal network interruptions. Read on to learn about the unique connectivity challenges that ICE was facing, and how the company was able to overcome them with the help of Zenlayer.

The challenge: Providing access to real-time trading data

Data is critical for success in the competitive financial industry and can make all the difference when making split-second business decisions. To keep up with demand, ICE launched the ICE Consolidated Feed over Cloud Connect which delivers real-time market intelligence pricing to clients in global public cloud environments. This service connects customers to aggregated data across more than 600 resources including over 300 exchange and OTC venues around the world through the ICE Global Network.

ICE Cloud Connect works fine in developed regions with robust infrastructure like the United States and Europe. However, clients in global emerging markets like Southeast Asia and China were having trouble accessing the ICE network due to connectivity issues. As a result, customers were struggling with problems like latency and stability and having poor user experiences.

The Solution: ICE turns to Zenlayer

ICE decided to leverage Zenlayer’s robust networking services to extend ICE Cloud Connect into China and other emerging markets throughout the region.

· Clients can now provision direct connections between their public cloud instances and ICE data sources via Zenlayer Cloud Router.

· Zenlayer Virtual Edge provides on-demand, private connections between clients’ data centers or branch offices and ICE.

In addition, ICE collaborated with Amazon Web Services (AWS) to launch ICE Consolidated History, a service that distributes historical tick data via Amazon S3 to lower transmission time for the enormous volumes associated with this data set. Global clients can now access each trade and quote from global exchanges, OTC brokers, and proprietary data sets, with history spanning 10+ years.

ICE wanted to explore new markets in greater China, but its data source was housed in the eastern U.S. Weak public connectivity between mainland China and the eastern U.S. was causing clients in China experience network instability, slow retrieval times, and high latency while accessing their purchased data.

ICE needed a secure, high-performance global acceleration solution that could reliably transmit sensitive financial data to clients with low latency.

· To overcome this challenge, ICE chose to work with Zenlayer, an AWS-certified technology partner and the leader of edge cloud services in emerging markets.

· By using Zenlayer Global Accelerator, data requests are now fast-tracked from AWS U.S. East to ICE clients in China with reduced latency, jitter, and packet loss.

· Zenlayer Global Accelerator gives ICE clients the flexibility to connect directly to their public cloud services, private clouds, and multi-cloud environments for optimal data processing and storage.

Is your business experiencing similar connectivity issues? If so, Zenlayer is standing by to help. Zenlayer is the leading edge cloud services provider for emerging markets, offering a team of connectivity experts and a global network of 290+ edge nodes and 5,400+ peers.

If you’re using AWS, be sure to check out Zenlayer in the AWS Marketplace or reach out to our solution experts for more information.

You can also visit our website to learn more about our comprehensive networking Solutions, self-service zenConsole, Zenlayer Global Accelerator, Bare Metal Cloud product, and more.

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Zenlayer
Zenlayer

Written by Zenlayer

Hyperconnected Cloud for Interactive Applications. We help organizations reduce latency and instantly improve real-time digital experiences at scale.

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