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March 19, 2024 - Finalto Asia and oneZero are expanding their strategic alliance to augment liquidity sourcing capabilities for institutional clients in the Asia-Pacific region. The incorporation of the Equinix Tokyo (TY3) data center into Finalto's existing oneZero liquidity distribution network, which currently includes the New York (NY4) and London (LD4) data centers, represents a substantial enhancement to the liquidity solutions available to Finalto's Asia-Pacific client base.
Alex Mackinnon, CEO of Finalto Asia, underscored the advantages clients derive from the longstanding partnership with oneZero. Notably, Finalto employs oneZero's Institutional Hub as an integral element of its global aggregation and pricing infrastructure. Through this collaboration, Finalto garners access to over 250 brokers and banks within the oneZero EcoSystem. The assimilation of the Equinix Tokyo data center further amplifies the liquidity accessible to participants in the Asia-Pacific markets.
oneZero's Institutional Hub provides a modular trading framework designed to provide financial institutions and brokers with access to multi-asset liquidity, aggregation, price discovery, distribution, risk management, and credit management functionalities. The SaaS platform aggregates liquidity streams from OTC providers and market data from exchanges, providing clients with trading interfaces and performance analytics. The solution aims to deliver a low-latency trading experience for clients and their customers.
Alex Mackinnon, CEO, Finalto Asia,
Alex Mackinnon, CEO of Finalto Asia, commented on the extension of Finalto's partnership with oneZero, "We are excited to announce the expanded relationship with oneZero not only by using their Institutional Hub as a key component in our technology stack, but now by adding the Equinix TY3 data center to the LD4 and NY3 data centers," said Alex. “This exemplifies our dedication to providing our customers with cutting-edge technology options in accessing our wide liquidity and product offerings via a seamless trading experience.”
Andrew Ralich, oneZero's CEO and co-Founder, oneZero
oneZero's CEO and Co-Founder Andrew Ralich also commented, “I am pleased to be cementing the fruitful partnership that Finalto and oneZero has shared globally. By leveraging our Institutional Hub, the addition of the Equinix Tokyo data center marks another distribution channel by which Finalto customers in the region will be able to access liquidity. Our strategic partnership caters not only to the liquidity needs of brokers and institutional clients in the region, but also to their desire for advanced and customizable functionality through an efficient and comprehensive solution.”
In June 2023, Finalto also announced the opening of its Singapore data center for clients to decrease latency for Asia-based client.
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