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KVH adds MarketPrizm's services to its portfolio

Nurdianah Md Nur | July 1, 2014
The move will strengthen KVH’s market position in Asia.

KVH Co. Ltd, an information delivery platform headquartered in Tokyo, Japan, has expanded its financial services product suite by entering a partnership with MarketPrizm.

MarketPrizm is a provider of low latency market data, co-location and managed trading infrastructure services in Japan, Greater Asia, Europe and U.S..

Through this partnership, KVH is now able to seamlessly and quickly provide financial services customers with either modular trading infrastructure components or fully managed on-demand turnkey network solutions depending on their requirements. The new offerings include exchange co-location services in key Asia exchanges, market data in multiple formats, and financial extranet (PrizmNet) that connects to more than 30 markets across Japan, Greater Asia, Europe and U.S..

As the combined solutions remove the need for multiple contract and vendor relationships, financial firms will be able to easily outsource their trading setup to gain competitive advantage, said Jay Hibbin, commercial director at MarketPrizm.   

"The combination of MarketPrizm's expertise and deep penetration in the capital markets with KVH's strength in low latency networks and data centres provides a strong combination in addressing the increasingly demanding requirements of trading firms," said Ted Higase, KVH president and chief executive officer. He added that the partnership will also help KVH retain its position as the leading low latency network and trading infrastructure provider in Asia.

 

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