QuantHouse, S&P Capital IQ’s Real Time operation and the global provider of next generation trading solutions, has aligned with KVH, Asia’s leading information delivery platform, to enable its clients to benefit from proximity to the main Asian exchanges.
The demand for proximity services has increased significantly in recent years due to the international growth of low latency trading and global investing. Client requirements for enhanced access through reduced execution times and improvements to the trade cycle have led to the opening of a number of new data centres by exchange operators.
“The growing ecosystem community and the many potential customers that it encompasses, presents QuantHouse with an opportunity to develop our business significantly,” comments Pierre Feligioni, Managing Director of Global Real Time Products at S&P Capital IQ. “With this in mind, we plan to utilise KVH’s low latency network and infrastructure services to gain access into all major Asian markets, going forward.”
Client benefits include faster aggregation of market data from major Asian markets, reduced downtime due to high data centre reliability and redundancy offered by KVH Tokyo Data Center 1 (KVH TDC1), and quick time to market being within the vicinity of the local financial ecosystem. Entry into the Japanese market opens up an alternative to Tokyo participants for the provision of quality low latency market data.
Adela Matsutani, Vice President of KVH, added, “Our infrastructure is designed to meet the demanding needs of the financial industry for security, resiliency and performance. We are best placed to offer QuantHouse a comprehensive range of services to benefit its clients, enabling the firm to combine the lowest latency network in Osaka and Tokyo, with extended services between financial markets in the US, Europe and Asia regions.”
Designed for the financial services industry, KVH TDC1 is capable of providing true 2(N+1) power redundancies with power originating from two different substations and traversing through completely separate infrastructure to reach the rack. Moreover, KVH operational and security procedures comply fully with recognised international standards.
“Long-term developments could include leveraging KVH’s value added services to enhance the efficiency and reduce the cost of its service implementation, operations and delivery. We may also utilise KVH operations and management services to provide our clients with fast on boarding, and efficient management and facilitation services,” concluded Stephane Leroy, Vice-President, Head of Global Real Time Solutions at S&P Capital IQ. “KVH also offers the ideal opportunity for proximity colocation to Japan Exchange’s new colocation facility, an important factor in the continuing expansion of QuantHouse services.”