Global trading solutions provider RTS Realtime Systems has strengthened its presence in Asia with a series of new hires and the addition of a new data centre in Singapore.
A recently completed Singapore data centre will open in October, offering high-speed, low-latency access to Singapore's two exchanges – Singapore Exchange and Singapore Mercantile Exchange – with further markets to follow. RTS said the new site gave its global data centre network seven locations in key financial centres from which it could offer fully optimised customer environments, proximity hosting and co-location to 65 international exchanges across asset classes.
Andy Woodhouse has been appointed managing director for Asia Pacific and Eric Neo Say Wei, sales director for the region. Both will be based in RTS's Singapore regional headquarters.
The firm's staff in Asia now exceeds 40 employees and RTS said it was actively recruiting to satisfy the growing demand for its trading and matching solutions, market access and risk management services.
“We've seen very strong demand in Asia for our offering – particularly for RTD Tango, our low latency algorithmic trading solution, and RTD Tango Trader, our hybrid solution for click and algorithmic trading,” said Steffen Gemuenden, CEO of RTS. “We're very pleased to welcome Andy and Eric, both of whom have extensive experience in financial markets, technology and trading.”
In August, RTS acquired First Futures Software Engineering, a high-end technology solutions provider in Pune, India, and announced plans to open a data centre in Mumbai. RTS earlier in the summer opened an office in Mumbai and now has five offices across the Asia Pacific region.