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June 12, 2023 - Finalto has announce its expansion into a new data centre based in Singapore. Finalto's Asia Pacific clients can now enjoy more responsive, lower latency services.
Matthew Maloney, CEO of Finalto Group commented on the development, “Our global growth plan is an extension of our pledge to continually enhance our service offering to customers worldwide; our new Singapore data centre represents a significant milestone in upholding this commitment This expansion and the localised technology supporting it will significantly improve trading experiences by reducing latency for our clients based in Asia.”
The interlinked system of data centres enables the company to offer execution across a broad range of client locations and, with the addition of Singapore, Finalto is now a truly global liquidity provider.
Alex MacKinnon, Finalto Singapore Regional CEO, commented, “The Singapore data centre provides our customers access to the three largest FX data centres by volume, resulting in significantly enhanced service and execution capabilities for clients based in Asia. In addition to local latency decreases, Singapore is a welcome addition to our global network, acting as a fallback venue for execution in the unlikely event of downtime in London or New York.” By pricing out of multiple data centres concurrently, Finalto can offer competitive speed and reliability no matter where the end user is situated. Mackinnon concluded, “With access to global liquidity sources, our clients can select the geographical centres that best meet their requirements.”
Finalto also has a focus on robust data security. Mikkel Olsen, Senior R&D Manager at Finalto states, “As we extend our technological capacity into Singapore, our commitment to data security and privacy, parallels standards upheld in our London and New York centres; continually adapting and optimising our technology in line with the ever-changing technological landscape“. Finalto clients can be assured that regardless of which data centre they are being priced out of, they can continue to expect a smooth and secure experience. The new Singapore data centre integration was implemented in just five months, a testament to the efficiency and expertise of Finalto’s cross-functional team. “Drawing from our experience with NY4, we successfully set up the Singapore data centre within a remarkable timeline, without any significant issues,” said Olsen.
In April, Finalto announced that it had opened up a data centre in New York NY4.
Alex MacKinnon will be attending the iFX EXPO Asia in Bangkok on June 20th-22nd. To organise a meeting with him at the event, please click the link below.
