LONDON--(BUSINESS WIRE)--FXecosystem, a leading provider of institutional and retail FX outsourced connectivity services, announces expansion into Asia, with the opening of its regional headquarters in Singapore and a point of presence (POP) in the prestigious Equinix (Nasdaq: EQIX) SG1 Singapore data centre.
The expansion accommodates current retail and institutional client requirements and underpins FXecosystem’s strategy for growth in the region. It follows a successful six-month operation of FXecosystem’s new NOC and Engineering facility in Asia. The organisation will continue building its team, with new hires in Asia scheduled for Q1 2017. FXecosystem’s new regional HQ is located in the central region of Singapore.
James Banister, CEO, FXecosystem comments, “We are delighted to announce our new regional HQ. Singapore has just come second (behind London) in PwC’s Cities of Opportunity Index, ranking first in three of the indicators measured – technology readiness; transportation and infrastructure; and the ease of doing business. These were key drivers for FXecosystem selecting Singapore as the location for our regional HQ, together with the immense service offering advantages of our new point of presence in the Equinix SG1 data centre.”
FXecosystem adds SG1 to its LD4 (London) and NY4 (New York) Meet-Me-Room™(MMR) ecoworld, providing a single point of entry to connect to FX and bond market participants on a global scale. This announcement enhances FXecosystem’s global offering of ultra-low latency network connectivity, co-location/proximity hosting and fully managed services, all backed up by 24x7 service and support, enabling clients to benefit from faster execution by maximising the number of trades processed per millisecond.
For further information, visit www.fxecosystem.com or www.equinix.com/locations/singapore-colocation/singapore-data-center
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About FXecosystem: FXecosystem is a bespoke network solution designed to ease the fragmentation of connectivity in the 24 hour FX market. Its Meet-Me-Rooms (MMR)™ provide centralised sources of FX connectivity to banks, buy-side and ECNs on a global scale.
FXecosystem provides a single point of contact to deliver a fully outsourced solution with faster on boarding, low latency and less expensive connectivity. FXecosystem recently extended its connectivity capabilities to the bond market, via Bondecosystem®.
FXecosystem’s portfolio includes the innovative FXeco-Eye - a SaaS product, fully compliant with MiFID2, providing clients with a unique, graphical overview of their flows.