Avelacom Wins Best Low-Latency Network Award
Avelacom has been awarded “Best low-latency trading network” by Waters Technology in the Buy-Side Technology Awards 2019. The awards recognise the leading buy-side technology vendors and service providers across the banking and capital markets industry.
Avelacom provides multi-asset, broker-neutral solutions based on its global low-latency network, helping to facilitate better market opportunities and efficient trading experience across both developed and emerging economies. With more than 80 Avelacom points of presence (PoPs) buy-side firms benefit from the faster time to market without compromising trade execution quality. Avelacom’s network delivers exchanges’ direct market data feeds and allows orders to be sent out in a low latency fashion. It also provides time accuracy and synchronization via PTP services (Precision Time Protocol) – all of which is required to achieve best execution and comply with regulations (such as Mifid II).
“This is one of the most significant awards we have achieved and we are extremely proud. Avelacom’s expertise and presence across APAC, the Middle East, Eastern Europe and Latin America has been used by many of the world’s leading financial services firms,” said Aleksey Larichev, Avelacom’s CEO. “Our recognition as the best low latency trading network makes us feel confident about our strategy and the value we deliver to our clients, and we look forward to further expanding our footprint and optimizing low latency routes to help our clients keep up with the latest technology trends and create new market opportunities.”
This award adds to Avelacom’s previous win of Best Infrastructure Provider to the Sell Side by WatersTechnology in 2018, meaning the company is recognised as the best provider across both the buy- and sell-side.