London & Tokyo, February 05, 2019 – Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, today announced that it is opening its third point of presence (PoP) in Tokyo. The new PoP is at the AT TOKYO Premium Colocation Space.
The deployment of this new PoP enables Avelacom to deliver ultra-low latency access and increased reliability to firms trading in Japan's capital markets. In the past year Avelacom has seen double-digit growth in new business volumes originating in the APAC region, driven by clients demanding professional-grade connectivity services between APAC venues and exchanges, as well as to those in Europe and the USA. The addition of this new PoP is in response to the demands of market makers, prop-trading firms, and investment bank trading desks that have both local and global interests.
With this third PoP in Tokyo, and combined with the existing PoPs at Equinix’s TY3 and at AT TOKYO’s CC1, Avelacom has created a comprehensive portfolio of services that address its clients’ needs to access Japan’s stock, commodity, FX, crypto, and derivatives markets regardless of how latency sensitive their strategy or their physical location.
"Our clients keep asking us to expand our presence in Tokyo, as they desire professional-grade services capable of supporting multi-asset trading in Japanese markets. With our new PoP in the AT TOKYO Premium Colocation Space we add more capabilities for low latency sensitive clients,” said Aleksey Larichev, Avelacom’s Managing Director.
In response to increased interest in Asian Capital Markets amongst institutional clients, Avelacom is further developing its services in the region to support global and intra-Asia trading. In November 2018 Avelacom announced the launch of the lowest latency connectivity between London and Tokyo, and the opening of its new office in Singapore.
Avelacom is one of the leading network service providers specialising in low latency connectivity and IT-setup solutions. The company was set up in 2001. Today its network stretches more than 30,000 miles of long-haul fibre routes across Europe, Asia, North and South America, South Africa and Australia. Avelacom uses leading edge 100 Gbps coherent DWDM technology upgradable to 400 Gbps. The company’s flagship products are available in 40+ trading venues and include: high-speed routes between exchanges, co-location and proximity hosting, real-time market data delivery and ultra-low latency order routing, financial cloud and other ready-to-trade solutions. The offices are located in Moscow, London and Singapore.
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