|By PR Newswire||
|August 20, 2013 11:30 AM EDT||
NEW YORK, Aug. 20 2013 /PRNewswire/ -- FCM360 and SI Futures, a leader in South Africa's financial technology marketplace, have aligned to provide high-speed, low-latency trading connectivity to Africa's fastest growing financial services market, Johannesburg, SA.
With major projects now underway for banks and insurance companies based in South Africa and the United Kingdom, SI Futures will rely on FCM360 to access global financial markets with turnkey solutions for hosting and colocation services.
According to Geordie Hogarth, SI Futures founder, "By incorporating the FCM360 platform into our services capability, we have markedly enhanced our clients' business effectiveness with rapid turn-around and support over low latency networks and are looking forward to capitalizing on other new opportunities available through FCM360."
In announcing the partnership, Jubin Pejman, Managing Director of FCM360 (http://www.fcm360.com), said, "We are meeting SI Futures low latency financial cloud needs with a solution that reduces the cost for high frequency and algorithmic trading companies as well as managing Reuters and Bloomberg feeds for trading floors in London."
SI Futures clients also benefit from FCM360's recent expansion in London's LD4 datacenter which has proven to be the fastest routes between London and New York hosting hubs for high frequency trading while providing the same protection level and secure redundancy governments mandate for international banks and Fortune 500 Companies.
An example of SI Futures expansion offering includes South Africa's Nedbank, Ltd, (http://www.nedbank.co.za), which has added connectivity from offices in Johannesburg to London and New York. Nedbank traders now have a low latency, highly resilient infrastructure between South Africa and London and a disaster recovery site in New York. SI Futures also provides connectivity to financial services companies such as Old Mutual PLC and Vandyle Investments cc as well.
FCM360 is the leading global provider of managed datacenter solutions for Low-Latency Trading, Automated Trading, Algorithmic Trading, High-Frequency Trading and Exchange Access.
SI Futures global network is built on Multiprotocol Label Switching (MPLS) technology that enables it to create complex networks linking businesses to external voice, video, intranet and extranet suppliers. The MPLS network provides a fast, reliable way to move information between locations and is ideal for companies that want to ensure the performance of business-critical applications.
FCM360 (http://www.fcm360.com) specializes in turnkey datacenter solutions for traders and exchanges. This includes proximity hosting for high frequency trading, low-latency trading, automated trading, algorithmic trading and exchange connectivity. FCM360 provides low-latency exchange connectivity to over 50 exchanges including CME Group, NYMEX, COMEX, CBOT, KCBOT, ICE OTC, ICE Futures, CBOE, Toronto Montreal Exchange (TMX), Australian Securities Exchange (ASX), Singapore Exchange (SGX), BM&F Bovespa, Mexican Derivatives Exchange (MexDer), BATS, NYSE LIFFE, NASDAQ OMX United States/Europe, NYSE Euronext, London Stock Exchange (LSE), Toronto Stock Exchange (TSX), Currenex, Hot Spot FX, Integral FX, Direct Edge, FX All, TradeStation, ICAP EBS, Reuters Dealing 3000, Lava FX and more.
SI Futures (http://www.sifutures.co.za) in Durbanville, South Africa and Workingham, the United Kingdom, is a strategic consultancy focused on providing and integrating IT systems in order to maximize client profitability. Founded in 1995 as an IT consultancy offering strategic advice and expertise, SI Futures quickly adapted to the ever-changing IT industry to expand its services over the years.
Since its founding, the company has been providing clients with strategic consulting, systems integration and professional support. As a Managed Service Provider, Its aim is to bring tangible benefits to client businesses by providing complete Internet-based solutions that are properly integrated with existing systems to create effective and reliable solutions.
Contact: Richard Pirozzolo, 617-959-4613