Tinku Gupta, Singapore Exchange
"The introduction of the service will enrich and diversify the global market data options available for clients who are co-located with SGX."
Singapore - Thomson Reuters has announced the launch of its market data services inside Singapore Exchange's co-location data centre.
Through the new Elektron Managed Services offering, customers who have their trading applications in the SGX Co-Location site will be able to access Thomson Reuters Elektron Real Time consolidated market data feed via a simple cross-connect.
Thomson Reuters also offers fully managed services for Singapore firms through its own locally-based Elektron Managed Services data centre. With this complemented by the new service within the SGX data centre and other data delivery options, Thomson Reuters can now support local firms' market data requirements whatever their operational strategy.
"Elektron Managed Services gives customers the ability to scale their businesses rapidly and access low-latency data and services while lowering the typical costs of deploying and managing equivalent solutions in-house," said Paras Sidapara, global head of managed services, Financial & Risk, Thomson Reuters. "By offering real-time market data direct to customers inside the SGX data centre, they have access to the breadth of content needed to make informed trading decisions in a cost-effective and highly flexible way. The launch is a continuation of our efforts to support our customers' growth strategies throughout the Asia Pacific region."
Tinku Gupta, Head of Market Data & Access at SGX said "We welcome the addition of Thomson Reuters new Elektron Real Time consolidated market data feed to the suite of offerings and services at SGX Co-Location data centre. The introduction of the service will enrich and diversify the global market data options available for clients who are co-located with SGX."