KVH Proximity Services at Koscom Busan Data Center
Derivative trading has been growing rapidly in the Asia-Pacific region, particular in Korea with the Korea Exchange (KRX) taking the lead. KRX’s derivative matching engine is located in Busan, but accessing this system up until now has been restricted to just through Seoul.
In March 2012, KVH entered into a business partnership agreement with Koscom, a subsidiary of KRX, to allow KVH to provide proximity hosting services at Koscom’s Busan Data Center. Established as an ICT platform to fulfill the mission critical requirements of the Korean financial industry, this data center is located in very close proximity to KRX’s derivative market matching engine, creating an alternative in accessing this trading system and serving as an ideal location for latency-sensitive traders.
In addition to proximity colocation hosting, KVH will offer managed infrastructure services that include system on-boarding and on-going infrastructure management and monitoring, as well as ultra low-latency connectivity between Busan and other major Asia-Pacific financial markets. These services, provided as separate offerings or as an all-in-one solution, are designed to meet the requirements of establishing a latency-sensitive trading environment in Korea.
KVH offers the following proximity services at Koscom Busan Data Center:
- Colocation Hosting
A premium low latency hosting solution that is adjacent to KRX’s derivative matching engine. Service includes secure cabinet, redundant power and high density cooling as well as rental infrastructure including the procurement, installation and configuration of servers.
- Low Latency Access
Ultra low-latency access into Busan from major financial markets including Tokyo, Chicago, Singapore, Hong Kong, Seoul and Sydney.
- Managed Infrastructure Services
Comprehensive support for system on-boarding and on-going management of trading infrastructure. Experienced engineers will build your trading rack, install and cable all of the devices, and support end-to-end connectivity testing. KVH Operations will monitor the environment and handle maintenance to ensure that you are always up and running.
- Customer Operations
KVH is multilingual across all levels of the organization and provides support in Japanese and English and, selectively, in Mandarin and Korean. The KVH Service Desk acts as the single point of contact between you and KVH operations to ensure excellent quality of service in either English or Japanese.