Jay Hibbin, commercial director, MarketPrizm
"By having just one point of contact ‒ MarketPrizm or Fusion ‒ instead of multiple vendors, clients will benefit from reduced time to market and simpler commercials."
London and Hong Kong - MarketPrizm has
announced that it is teaming up with Fusion Systems, an
Asia-based provider in software and hardware-accelerated trading
systems, to offer a fully managed, end-to-end low latency market
gateway and trading risk management solution, deployed in
co-location, for use by Fusion's clients in Asia-Pacific. This
move will provide access to Fusion Raptor ‒ Fusion's
low-latency, risk-managed market gateway platform for all major
Asian equity/derivative exchanges and alternative venues.
"The joint solution provides end users across Asia with a 'one stop shop' for licensing a fully managed gateway and risk management solution, integrated with market data and access into the markets from co-location," said Jay Hibbin, MarketPrizm's Commercial Director. "By having just one point of contact ‒ MarketPrizm or Fusion ‒ instead of multiple vendors, clients will benefit from reduced time to market and simpler commercials."
MarketPrizm will provide market data, hosting in co-location, hardware and connectivity services and will manage the full infrastructure. Fusion's clients will benefit from a flexible and scalable solution that suits different latency needs and makes use of Raptor to provide a market gateway, risk and compliance checks and other functionality.
"We are delighted to be working with MarketPrizm to provide joint
solutions for clients' day-to-day trading needs," said Fusion
Partner Jonathan Hope. "The risk management function in Asia is
becoming even more critical, and at the same time, it is now
fully commoditised and outsource-able. The combination of
MarketPrizm's market data and extensive reach in the
exchange-collocated infrastructure space ‒ together with
Fusion's best-in-class trading software and expertise ‒
will bring that evolution to its logical conclusion, enabling a
broader client base to take advantage of our platform."
The new managed solution is currently available for clients in Japan and Hong Kong, and will soon be available in Singapore and Australia.