The largest global provider of cloud and carrier-neutral data centre, colocation, and interconnection solutions, Digital Realty, today announced the expansion of its partnership with Options Technology, a top provider of capital markets services, enabling its customers in Singapore to access its suite of managed capital markets services via PlatformDIGITAL.
Customers will gain from the partnership's cost-efficient, low-latency access to multi-asset trading environments, enabling next-generation trading strategies like algorithmic trading (AT), which will enhance business performance and profitability.
Options Technology will increase its access to Digital Realty's global footprint of highly connected data centres and take advantage of the chance to engage with many highly connected data communities by deploying in Singapore on PlatformDIGITAL, the platform for businesses and data to meet. Options Technology can provide its 600+ customers and partners an ultra-low latency environment by utilising this interconnection-rich environment, enabling financial institutions to take advantage of both short-term and long-term growth prospects in a secure and compliant manner.
"There isn't a better time for us to extend our partnership with Options Technology into Singapore," said Seamus Dunne, UK Managing Director, Digital Realty. "Over the past few years, Singapore has solidified its spot as one of the fastest growing and most important financial centres in the world. We couldn't be more excited to work with Options Technology to provide the next generation of digital infrastructure for the city, helping to lay the foundations for continued growth in the financial sector."
Options Technology, a long-time client and collaborator of Digital Realty since 2009, is currently being used in a number of regions in Europe and North America by Digital Realty. The expansion of the alliance into Singapore is another important deployment with Digital Realty and comes at a time when the city is seeing rapid growth. Singapore has surpassed Hong Kong to become the top financial centre in Asia and the third in the world, trailing only London and New York, according to the most current Global Financial Centres Index1.
Options Technology SVP – Managing Director EMEA, Sam Farmer, commented, "We are delighted to announce the further expansion in Singapore and to strengthen our long-standing relationship with Digital Realty. Our market-leading portfolio of services will allow clients a state-of-the-art platform to build innovative and complex solutions within a fully compliant institutional infrastructure."
Farmer continued, "We have also worked closely with The Monetary Authority of Singapore (MAS) to ensure clients and partners meet all relevant regulatory standards and are pleased to have recently successfully onboarded some of the leading asset managers, systematic quant funds, and banks in the region. Our connectivity to all the major regional brokers, as well as the major public cloud providers within the new site, allows the ultimate flexibility to our buy-side clients to ensure best execution, whilst allowing sell-side clients the opportunity to run an agile, scalable platform in an investment bank-grade cybersecurity wrapper."
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