Options partners with SGX to provide ultra-low latency offering in Singapore
Options, a provider of cloud-enabled managed services to global capital markets, has partnered with Singapore Exchange (SGX) to provide ultra-low latency connectivity for order entry and market data.
Following an initial expansion to SGX in 2020, Options has now added their ultra-low latency (ULL) Managed Colocation services to the SGX Tier 1 site. With the option of shared or dedicated connectivity utilising best-in-class switching fabric, financial institutions can now benefit from a scalable managed service backed by premium technology. Financial institutions will have access to both order entry and market data across all available SGX asset classes and cloud-first solutions within their global infrastructure, leveraging their access to the firm’s wide range of specialist services via its fully resilient global trading backbone.
The news comes as the latest enhancement to the firm’s managed services offering, which is available at 40-plus key trading venues across Europe, North America, South America, South Africa, Asia and Australia.
Options facilitates trading at hundreds of venues worldwide with fully managed colocation services available alongside the firm’s fully cloud-agnostic application management solution, combining hosting with rapid time to market, TCO reduction, best-in-class resiliency and security, and connectivity to enterprise public cloud solutions such as AWS, Azure, or hybrid cloud environments.
Options’ Managing Director for APAC Jun Ashida, says: “As a managed colocation and hybrid cloud service provider, our offering gives clients a state-of-the-art platform to build innovative and complex solutions within a fully compliant institutional infrastructure. We have worked closely with The Monetary Authority of Singapore (MAS) to ensure clients and partners meet all relevant regulatory standards and are pleased to have successfully onboarded some of the leading asset managers, systematic quant funds, and banks in the region.
"Our connectivity to brokers within the SGX colocation space allows the ultimate flexibility to our buy-side clients to ensure best execution, whilst allowing sell-side clients the opportunity to run an agile, scalable platform in an Investment Bank-grade Cybersecurity wrapper.”