To win the award for best sell-side low-latency network, Anova Technologies followed Icarus’ lead and took to the air. Thus far it’s been a significantly more successful trip than that of the mythical winged Greek.
In 2010, months after its founding as a low-latency network provider, Anova began to investigate the viability of skipping fiber optic completely and building a wireless network instead. Wireless is known to be significantly faster than legacy fiber, but hasn’t seen widespread adoption because of cost and reliability issues. In 2011, Anova introduced RFConnect, its millimeter wave (MMW) financial network.