Avelacom, a provider of global connectivity and IT infrastructure for financial services, has opened its third point of presence (PoP) in Tokyo.
The new PoP is at the AT TOKYO data centre.
In the past year Avelacom says that it has seen double-digit growth in new business volumes originating in the APAC region, driven by clients seeking connectivity services between APAC venues and exchanges, as well as to those in Europe and the USA.
The firm says that the decision to add the new PoP stems from market makers, prop-trading firms, and investment bank trading desks that have both local and global interests.
“Our clients keep asking us to expand our presence in Tokyo, as they desire professional-grade services capable of supporting multi-asset trading in Japanese markets. With our new PoP in the AT TOKYO Premium Colocation Space, we add more capabilities for low latency sensitive clients,” says Aleksey Larichev, managing director.