March 29, 2012: HKEx Selects KVH as a Hosting Services Founding Member
- Offering Low-latency Infrastructure Services for the Hosting Ecosystem at HKEx’s New Data Center-
Press release: March, 29 2012
Tokyo, March 29, 2012 – KVH Co. Ltd., Asia’s leading information delivery platform, today announced it has been selected into Hong Kong Exchanges and Clearing Limited’s (HKEx) Hosting Service Founding Members Program, which is designed to allow select hosting ecosystem service providers to participate in the early set-up of the hosting ecosystem at HKEx’s Next Generation Data Center (NGDC).
HKEx will offer Hosting Services at its NGDC in Hong Kong’s Tseung Kwan O Industrial Estate from Q4 2012. HKEx aims to cultivate a financial services ecosystem consisting of exchange participants, information vendors, technology vendors, and telecommunication providers as members. This ecosystem approach will allow market participants to subscribe to a comprehensive set of services offered by ecosystem members within HKEx’s NGDC.
With this appointment, KVH will add a new network point of presence (POP) at the HKEx’s NGDC and offer its ultra low-latency network services for market participants starting from Q4 2012. KVH will also provide colocation services as well as managed hosting services in the same data center.
KVH launched its first POP in Hong Kong in October 2008 and has been expanding the geographic reach of its low-latency network in major financial markets in Asia and the US including Tokyo, Chicago, New York, Singapore, Hong Kong, Seoul, Busan, and Sydney.
“We welcome KVH into the Hosting Services Founding Member Programme and look forward to the network services and trading infrastructure capabilities they will bring to our Hosting Services Ecosystem” noted Ryan Wuebbels, Head of Relationship Management of HKEx.
Richard Warley, President and CEO of KVH said, “We are very pleased that HKEx has selected KVH for its Hosting Service Founding Members Program. We see a lot of interest and momentum in high-frequency trading in Asia from our customers as exchanges here adopt next generation high-speed trading engines. KVH is committed to serving the needs of financial customers with reliable low-latency infrastructure and continues to invest in this field to expand its geographic reach and service portfolio.”
KVH was established in Tokyo in 1999 by Fidelity Investments as a Japan focused IT/communications service provider. As an information delivery platform that allows enterprise customers to store, process, protect and deliver their vital business information, KVH offers integrated cloud and network solutions that include infrastructure-as-a-service, managed services, data center services, professional services, data networking, internet access, and voice services. KVH operates the lowest latency network in Japan, and with over 450 financial services customers, is the leading provider of ultra low-latency network and proximity hosting solutions to the high-frequency trading community in Tokyo and Osaka. KVH also offers low-latency connectivity services between major financial markets in the Asia/Pacific region and the US including Tokyo, Chicago, Aurora, New York, Singapore, Hong Kong, Shanghai, and Sydney. More information on KVH can be found at www.kvh.co.jp/en/