TOKYO--(BUSINESS WIRE)--Jan 28, 2015--KVH Co., Ltd., Asia's leading Information Delivery Platform headquartered in Tokyo, Japan, today announced an agreement to launch "JPX-SGX Co-Location Direct", an exchange-to-exchange ultra-low latency connectivity solution between two of Asia's premier stock exchanges, Japan Exchange Group, Inc. ( JPX ) and Singapore Exchange ( SGX ). The service is a result of a strategic alliance between these two exchanges.
JPX-SGX Co-Location Direct addresses the high market demand between two of Asia's most highly active financial markets, Tokyo and Singapore. KVH already provides highly reliable connectivity solutions in partnership with JPX for various global capital markets in Asia, Europe, and the US via arrownet-Global. In the case of JPX-SGX Co-Location Direct, KVH is deploying its own point of presence ("POP") within the same data centers that house JPX and SGX's exchange co-location services, allowing KVH to deliver significantly lower latency between these two exchanges as local access to reach the exchanges' colocation sites is unnecessary. Customers that use this service through KVH will enjoy KVH's multilingual service support and will be able to take advantage of KVH's comprehensive service portfolio and local market knowledge to tailor a solution specific to their business needs.
Ted Higase, President and CEO at KVH, was very positive about the development and stated:
Serving the capital markets is part of KVH's DNA and has been a prime focus since our beginning. We pride ourselves in being recognized for best-in-class service and for being the network service provider of choice for the financial industry. We are honored to serve the mission-critical needs of trading participants between both Singapore and Tokyo and bring added value through our robust network and complementary services.
Ryusuke Yokoyama, Executive Officer at TSE commented as well:
JPX and KVH have a long-standing relationship as key partners committed to supporting the infrastructure for capital markets through the provisioning of arrownet. By leveraging KVH's ultra-low latency network, overseas proximity data centers and skilled resources across the region, it is our pleasure to see the global expansion of this service as it offers great benefits to investors who access JPX and exchanges abroad. We would look forward to working with KVH as our partner as we continue to develop more exciting opportunities for investors.
For more details on KVH's JPX-SGX Co-Location Direct, including service specifications, performance service level agreements ("SLA"), and pricing, please contact KVH Sales ( sales-japan@KVHasia.com ).
KVH is an Asia Pacific IT Services and Data Center Services Provider established in Japan. KVH's Information Delivery Platform delivers integrated cloud and network solutions and best-in-class service to its customers. KVH owns infrastructure and provides services that enable clients to store, process, protect and deliver their vital business information. KVH provides IT Services, Cloud Services, Data Center Services, Managed Network Services, and Professional Services.
As a Colt Group Company (London Stock Exchange:COLT), KVH is able to leverage Colt's position as a global provider of network, IT, and data center services. Including KVH, the Colt Group operates in 28 countries across Europe, Asia and the U.S. with metropolitan area networks in 47 major cities and connections into over 200 cities globally. Colt owns and operates 22 carrier neutral data centers in Europe, while KVH manages a further 7 in the Asia-Pacific region. More information on KVH can be found at www.kvhasia.com/en/.
Japan Exchange Group, Inc., one of the leading exchange groups in the world, is a holding company established on January 1, 2013 as a result of a business combination between Tokyo Stock Exchange, the largest stock exchange in the Asia-Pacific region, and Osaka Exchange, a major derivatives exchange. JPX listed its stock on TSE on January 4 of the same year. The JPX stock market reached approximately USD 4.4 trillion (JPY 525 trillion) in market capitalization as of the end of December 2014. JPX also provides derivatives markets for major Japanese contracts such as Nikkei 225 futures, TOPIX futures, and JGB futures.
Photos/Multimedia Gallery Available:http://www.businesswire.com/multimedia/home/20150128005162/en/
CONTACT: KVH Co., Ltd.
Naoko Minobe, +81-3-4560-7104
Saori Adachi / Akiko Asami / Kiyomitsu Nakata, +81-3-6858-7731
KEYWORD: ASIA PACIFIC SINGAPORE JAPAN
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE INTERNET NETWORKS PROFESSIONAL SERVICES FINANCE OTHER PROFESSIONAL SERVICES
SOURCE: KVH Co., Ltd.
Copyright Business Wire 2015
PUB: 01/28/2015 04:00 AM/DISC: 01/28/2015 04:00 AM