Brief Update on KVH International Services
As outlined in the June 2011 edition of this newsletter, KVH has been executing on a two-phased strategy to provide low latency trading infrastructure solutions to major Asia Pacific financial markets to allow KVH to serve as a gateway to Asia for US and European customers.
To respond to the growth KVH is seeing within HFT (High Frequency Trading) as highlighted by the increasing trading volumes within Asian exchanges and better serve our client’s requirements, KVH accelerated its International Business in 2011 and has reached several milestones in this area. These milestones include the following:
In addition to continuing KVH’s network expansion, we will be focused in 2012 on extending our managed infrastructure services to these key financial markets to provide trading participants with a total managed hosting solution for their trading systems, leveraging ultra low latency computing environments. The purpose is to free up users from worrying about equipment ownership, management and maintenance and allow them to focus on their applications and trading algorithms.
- The opening of new branch offices in Singapore, Chicago, and Hong Kong
- The opening of a network point of presence (POP) in Sydney at ASX’s new data and co-location center - the ASX Australian Liquidity Centre (ALC). This new Tokyo to Sydney route became operational at the beginning of February and is the fastest network between these two locations in the market today
- Entered into a strategic alliance with Koscom to jointly provide a wide range of IT solutions including network and data center services for HFT, Disaster Recovery, and Business Continuity Planning at Koscom’s new Busan data center
- Laid the groundwork for opening KVH’s Busan PoP, which is expected to be operational towards the end of Q2