Finalto launches Singapore data centre
Leading institutional trading and liquidity services firm Finalto has announced its expansion into a new data centre based in Singapore; evolving and improving upon already award-winning liquidity services. This strategic development underscores the company’s dedication to enhancing its service offering and striving to meet the rapidly increasing needs of customers around the globe. Asia Pacific clients can now enjoy more responsive, lower latency services with the same brand of excellence Finalto has become renowned for.
Matthew Maloney, CEO of Finalto Group commented on the development,
“Our global growth plan is an extension of our pledge to continually enhance our service offering to customers worldwide; our new Singapore data centre represents a significant milestone in upholding this commitment”. He went on to explain that “This expansion and the localised technology supporting it will significantly improve trading experiences by reducing latency for our clients based in Asia.” The interlinked system of data centres enables the company to offer stellar execution across a broad range of client locations and, with the addition of Singapore, Finalto is now a truly global liquidity provider.”
Alex MacKinnon, Finalto Singapore Regional CEO, reiterated these benefits, stating,
“The Singapore data centre provides our customers access to the three largest FX data centres by volume, resulting in significantly enhanced service and execution capabilities for clients based in Asia”. MacKinnon elucidates, “In addition to local latency decreases, Singapore is a welcome addition to our global network, acting as a fallback venue for execution in the unlikely event of downtime in London or New York.”
By pricing out of multiple data centres concurrently, Finalto can offer competitive speed and reliability no matter where the end user is situated. Mackinnon concluded,
“With access to global liquidity sources, our clients can select the geographical centres that best meet their requirements.”
The service enhancements for Finalto clients don’t stop there either. The team’s dedication to exceptional performance extends beyond service optimization to robust data security as well. Mikkel Olsen, Senior R&D Manager at Finalto states,
“As we extend our technological capacity into Singapore, our commitment to data security and privacy, parallels standards upheld in our London and New York centres; continually adapting and optimizing our technology in line with the ever-changing technological landscape”.
Finalto clients can be assured that regardless of which data centre they are being priced out of, they can continue to expect a smooth and secure experience. Even more impressively, the new Singapore data centre integration was implemented in just five months, a testament to the efficiency and expertise of Finalto’s cross-functional team.
“Drawing from our experience with NY4, we successfully set up the Singapore data centre within a remarkable timeline, without any significant issues,” said Olsen.
Finalto looks forward to providing its clients with new and exciting liquidity technology for years to come as it continues to lead the way in best practice for the sector.
Alex MacKinnon will be attending the iFX EXPO Asia in Bangkok on June 20th-22nd. To organise a meeting with him at the event, please click the link below.
https://calendly.com/alex-mackinnon/30min?month=2023-06