Fortis Asia Pacific launches exchange network
Fortis Bank Global Clearing Asia Pacific has launched a network that enables algo traders, market makers and hedge funds to access multiple exchanges via proximity and collocation data centres from one single point of entry.
FBGC Asia Pacific worked over a 12 month period to devise the network to encompass over 12 different data centres in the Asia Pacific including official collocation and proximity exchange data centres in Singapore, Sydney, Tokyo and Osaka.
In Hong Kong considerable expense was invested to produce a data centre to harness a location as close to the exchange as possible.
Best of breed providers were selected to provide intercontinental land and subsea cable routes for a fully resilient regional network.
By connecting to the Global High Speed Network clients can avoid lengthy and expensive implementations and can use shared exchange lines and connectivity both in the region and on a global scale.
Andrew Bennett, head of market access Asia Pacific, says: "This highlights Fortis Clearing's commitment to developing a low latency infrastructure which meets our current and potential client base demands. By linking collocation and proximity sites via multiple best of breed suppliers we have created a product which I believe to be unrivalled both on a regional and global scale."
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