Options, the leading provider of cloud-enabled managed services to the global capital markets, announced its ongoing commitment to Singapore with their expansion into the Singapore Exchange. Options has successfully expanded its portfolio of services to cater to financial institutions trading across all asset classes including FX, Equities and Derivatives as well as application cloud adoption.
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The introduction of the Singapore Exchange (SGX) comes as the latest addition in the significant 2020 expansion of the firm’s premier managed colocation services, which are available at 40+ key trading venues across Europe, North America, South America, South Africa, Russia and Asia.
Options facilitates trading at hundreds of venues worldwide with fully managed colocation services available alongside the firm’s application management solution, combining hosting with rapid time to market, TCO reduction, and best-in-class resiliency and security.
The announcement follows recent news of Options’ business operations growth across New Zealand, Australia, Canada, South America and Russia. The expansion into SGX is part of an ongoing, global initiative to bring Options sales, operations, account management and support teams closer to key customers globally. It follows several appointments to the executive team across the Sales, Engineering and regional Managing Director functions and Options’ announcement of achieving Equinix Platinum Partner status.
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Options’ Managing Director for APAC Jun Ashida, said, “As a managed colocation and private cloud service provider, our offering gives clients a fully compliant institutional infrastructure, integrated with industry-leading technologies. This allows us to connect clients to both Asian and Global financial hubs for a seamless trading experience. We have worked closely with MAS (The Monetary Authority of Singapore) to ensure clients and partners in the region meet all relevant regulatory requirements and are pleased to have successfully onboarded several of the leading asset managers, systematic quant funds, and banks in the region already. This latest announcement follows an exciting period for Options, with the SGX expansion marking the latest in a number of expansions into ASX, JPX, B3 and MOEX, to name a few. We also are proud to have announced our industry-first partnership with PURE storage earlier this year, a partnership that is already benefiting our clients.”
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