Avelacom launches multi-cloud solution to accelerate connectivity to cryptocurrency exchanges

The solution offers traders ultra-low latency and on-demand connectivity to cryptocurrency exchanges located with world-leading cloud service providers
Avelacom has launched its multi-cloud connectivity solution.
Photo by Tom Barrett on Unsplash
Avelacom has launched its multi-cloud connectivity solution.

Share

Avelacom, a high-performance global connectivity and IT infrastructure provider for the financial services industry, has launched its multi-cloud connectivity solution to simplify and accelerate how traders connect to cryptocurrency exchanges. It delivers secure, direct and ultra-low latency access to cryptocurrency exchanges hosted in Alibaba Cloud, Amazon Web Services (AWS), Microsoft Azure and Google Cloud platform. 

Proprietary trading firms, hedge funds and other professional currency traders can access multiple exchanges, with a consistent experience delivered via a single provider. Users benefit from rapid access to pricing data, while gaining a competitive advantage by executing orders faster than other market participants.       

“Our customers use latency-sensitive strategies, where the number of milliseconds taken to connect to crypto exchanges can be the difference between making a profit or a loss. As experts in networking for the financial community, we saw an opportunity to accelerate how they access the cloud,” said Aleksey Larichev, CEO at Avelacom. “We believe this solution will be a gamechanger for our customers, so we are offering a free trial of the service to test network latencies and uptime, as well as seeing the impact on their profit and loss with no obligations.”

The solution uses Avelacom’s network of 80+ points of presence (PoPs) located in premium data centres across EMEA, APAC and North America. These provide direct links to major cloud service providers (CSPs) in the same geographic zones used by crypto exchanges, delivering speeds up to 60 milliseconds faster than traditional internet connectivity. With no physical cross-connects required, the multi-cloud solution offers lower cost barriers and a setup time of as little as two hours.

“Cloud-to-cloud connectivity provides significantly faster times to market and lower cost barriers compared to traditional data centre connectivity and is really supporting the growing demand for cryptocurrency exchange,” said Larichev. “We’re excited to be contributing to the transformation of the financial services industry, helping to provide our customers with more opportunities for growth.”

Editor's Choice

Emerson expands analytics platform for industrial enterprise-level wireless infrastructure management
Plantweb Insight platform adds two new Pervasive Sensing applications that manage wireless networks more efficiently with a singular interface to the enterprise
Digitalisation seen as a competitive advantage by Middle East private businesses
Nearly 80 per cent of private business leaders acknowledge that digitalisation can impact business sustainability
Etisalat introduces Multi-Access Edge Computing architecture delivering best-in-class video streaming performance for 5G networks
MEC architecture achieves performance gains of as much as 90% in video streaming, validating how ultra-low-latency applications will be delivered over 4G and 5G networks

Most popular

Don't Miss a Story