Global trading technology provider RTS Realtime Systems has boosted its Asian operations, permanently relocating its CEO to Singapore and launching two data centres in the region.
RTS CEO Steffen Gemuenden will move from Chicago to Singapore, signalling the company’s designs to grow its business in the Asia-Pacific. The firm has quadrupled staff numbers in the Singapore office from 15 at the start of 2011 to 60 today.
The company will go live with its first China-based data centre in a few days, in Shanghai, where it will also open a sales and support office in January.
Another data centre will open in Tokyo by the end of the year, expanding its proximity hosting services and direct market access to some 135 venues internationally.
The data centre expansion will also boost the Frankfurt-based company’s low latency access to more than 80 marketplaces including Chicago, New York London and Tokyo.
RTS CEO Steffen Gemuenden said expanding the firm’s Asia presence would help clients identify new trading opportunities.
“We have global clients who want our help in quickly establishing a presence in Asian markets, and Asia-based clients who want to build on their sophistication locally or expand to new markets internationally,” Gemuenden said.
“Our team is seeing strong demand here for everything from front-end click trading solutions, to our new Tango OnDemand fixed-price algorithmic trading package, to risk management, hosting and FIX API exchange connectivity services based on our global trading network,” Gemuenden said.
RTS managing director for Asia-Pacific Andy Woodhouse will also move from firm’s regional base of Singapore to Hong Kong, to further exploit opportunities in China and North Asia.