12/06/2023 Finalto is proud to announce its expansion into a new
data centre based in Singapore; evolving and improving upon already award-winning liquidity
services. This strategic development underscores the company’s dedication to enhancing its
service offering and striving to meet the rapidly increasing needs of customers around the
globe. Asia Pacific clients can now enjoy more responsive, lower latency services with the
same brand of excellence Finalto has become renowned for. 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“. He went on to explain
that “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 stellar 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,
reiterated these benefits, stating, “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”. MacKinnon elucidates, “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.” The service enhancements for
Finalto clients don’t stop there either. The team’s dedication to exceptional performance
extends beyond service optimization to robust data security as well. 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 optimizing 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. Even more impressively, 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. Finalto looks forward to providing its clients with
new and exciting liquidity technology for years to come as it continues to lead the way in
best practice for the sector.