Vendor consolidation has given more to power to those who already hold the most power in the US. Can overseas providers who’ve already succeeded in smaller
Avelacom, which owns and operates a global network connecting to 80+ data centers worldwide, announced the deployment of its point-of-presence (PoP) at Bursa Malaysia, the stock exchange of Malaysia, to extend its network footprint into Malaysia capital markets.
WatersTechnology.com Waters Wrap: Buzzwords and the hype machine (And editorial judgment)
Anthony previews some of the major trend topics that WatersTechnology will look to cover over the next eight months. Print this page
As I write this, I’m sitting on a train coming back from Raleigh, North Carolina. Once I publish this column, I’ll officially start the second leg of a two-week vacation. To say that I’m disconnected from the world of fintech would be an understatement. Fortunately, I work with highly-talented individuals, so the site hasn’t skipped a beat. For this piece, I’m going to focus on our overarching editorial strategy in 2021, but first, here are some of the stories we published over the last seven
Avelacom Bolsters Brazil Presence with ITDN Acquisition
Avelacom Bolsters Brazil Presence with ITDN Acquisition
ITDN will now operate under the new parent’s global team.
Arnab Shome
2021-04-28T10:40:20+00:00
2021-04-28T11:04:06+00:00 Photo: Bloomberg
Financial industry connectivity provider, Avelacom has strengthened its presence in Brazil with the latest acquisition of Sao Paulo-headquartered ITDN Ltd, which is an IT trading infrastructure specialist.
The official announcement on Wednesday detailed that the acquisition will not only help Avelacom’s expansion into Brazil but further into Mexican and South American markets.
“We continue to invest for the long-term in low latency infrastructure across new and developing markets. We believe this is essential to facilitate algorithmic trading and to make markets more accessible for both international and local players,” said Aleksey Larichev, CEO of Avelacom.