Options Technology expands partnership with Digital Realty
Options Technology today announced its partnership with Digital Realty and a further expansion of services to its customers in Singapore via PlatformDIGITAL®.
The partnership will provide customers with cost-effective, low-latency access to multi-asset trading environments, enabling next-generation trading methods including algorithmic trading (AT).
By deploying in Singapore on Digital Realty’s global data centre platform PlatformDIGITAL®, Options is set to provide its more than 600 customers and partners with an ultra-low latency environment, enabling financial institutions to take advantage of both short-term and long-term growth opportunities.
“There isn’t a better time for us to extend our partnership with Options into Singapore,” said Seamus Dunne, UK Managing Director, Digital Realty. “Over the past few years, Singapore has solidified its spot as one of the fastest growing and most important financial centres in the world. We couldn’t be more excited to work with Options to provide the next generation of digital infrastructure for the city, helping to lay the foundations for continued growth in the financial sector.”
Options, a long-standing customer and partner of Digital Realty since 2009, is currently deployed with Digital Realty in several markets across Europe and North America. The extension of the partnership into Singapore marks another major deployment with Digital Realty and comes at a time of significant growth for the city. According to the most recent Global Financial Centres Index1, Singapore has overtaken Hong Kong to become Asia’s top financial centre – the third in the world – led only by London and New York.
Options SVP – Managing Director EMEA, Sam Farmer, commented, “We are delighted to announce the further expansion in Singapore to strengthen our long-standing relationship with Digital Realty. Our market-leading portfolio of services is set to provide clients with a state-of-the-art platform to build innovative and complex solutions within a fully compliant institutional infrastructure.”
Farmer continued, “We have also 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 all the major regional brokers, as well as the major public cloud providers within the new site, enables the ultimate flexibility to our buy-side clients, ensuring best execution, while also giving sell-side clients the opportunity to run an agile, scalable platform bolstered by investment bank-grade security.”