ACTIV Financial, a leading global provider of fully managed low-latency market data solutions, and KVH Co. Ltd., a leading Japanese provider of managed network and IT infrastructure services, announced today that they will partner to provide global and local financial institutions with low-latency market data solutions in Japan based on leading-edge optical networks and data centers close to exchanges. The partnership will allow customers access to global market data feeds and an on-site ticker plant with direct access to Japanese exchanges such as Tokyo Stock Exchange (TSE) and Osaka Securities Exchange (OSE) at ultra low latency and with highly cost-effective pricing, leveraging shared or dedicated hosted infrastructure.
Located in one of the world’s key financial centers, Japanese exchanges are now taking the initiative to introduce next-generation trading systems to meet the need for speed with the highest-performance technologies available in the marketplace. In order to rapidly develop its market data distribution platform for these new systems, ACTIV selected KVH as its network and hosting partner in Japan for its ultra low-latency network and high quality services. KVH’s uniquely designed high-speed network provides ultra low latency connectivity to all major Japanese exchanges from major cities and financial hubs in the world. Moreover, KVH Tokyo Data Center is endorsed by Tokyo Commodity Exchange (TOCOM) and Tokyo Financial Exchange (TFX) as their access points and a data center for proximity hosting.
“As global marketplaces become more competitive, ACTIV is expanding our geographic reach to ensure our customers benefit from fast access to global market data. The KVH’s proximity services excel in speed, reliability and location, and are highly regarded as an ideal platform for low-latency market data ticker plants,” said Frank Piasecki, co-founder and president, ACTIV Financial.
“Low latency networks have become an extremely important competitive parameter in today’s trading environment. Since its founding, KVH has developed its own optical fiber networks using a simple hierarchy and the latest technologies to meet the high speed and quality needs of financial institutions. By combining KVH’s proximity services with ACTIV’s market data feed, our customers will gain all the benefits of a fully managed and consolidated market data solution,” said Zhongmin Guo, Vice President, Telco Business Unit of KVH.