About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

BSO Acquires IX Reach

Subscribe to our newsletter

BSO’s acquisition of IX Reach adds a network covering over 170 points of presence (PoPs) across North America, Europe, Asia, the Middle East, and Africa, a customer base of over 300 carriers, ISPs, content providers and networks, strength in R&D, and a platform to develop new opportunities.

The acquisition is the company’s third in 18 months and follows the purchases of Aspara Networks, a supplier of radio frequency connectivity to financial markets, and PROceau, a high-availability and business critical managed hosting and IaaS company.

Michael Ourabah, founder and CEO of BSO, says the R&D capabilities and intellectual property of IX Reach, combined with BSO’s network, will provide opportunities to deliver new services and a better user experience. Commenting on the ecosystem of more than 70 cloud, IXP, data centre and SaaS companies that IX Reach has developed, he adds: “IX Reach provides a perfect combination with our market coverage to provide infrastructure to the financial ecosystem.”

Beyond its recent acquisitions, other plans at BSO include providing support for clients interested in trading cryptocurrency. Ourabah says: “More and more of our customers, especially on the private bank side, are willing to put some of their assets into crypto, but they need to access crypto exchanges in a more professional manner than using a VPN over the internet. So, they’ve asked us to build a solution to enable access to exchanges that includes predictive latency and guaranteed capacity and bandwidth.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlocking value: Harnessing modern data platforms for data integration, advanced investment analytics, visualisation and reporting

Modern data platforms are bringing efficiencies, scalability and powerful new capabilities to institutions and their data pipelines. They are enabling the use of new automation and analytical technologies that are also helping firms to derive more value from their data and reduce costs. Use cases of specific importance to the finance sector, such as data...

BLOG

South Africa High on the List for Global HFT Firms

By Merlin Rajah, Head: Equities Electronic Product at Absa CIB. Infrastructure Evolution: JSE’s Leap Forward For exchanges, High-Frequency Trading (HFT) firms are a significant revenue driver – generating income through execution, clearing, settlement, colocation, and market data services. Sell-side firms benefit as well, gaining a steady revenue stream and an increased market share. A major...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

High Performance Technologies for Trading

The highly specialised realm of high frequency trading without doubt is a great driver for a range of high performance technologies that are becoming essential tools for Wall Street. More so than the now somewhat pedestrian algorithmic trading and analytics/pricing applications that are usually cited as the reason that HPC is hitting the financial markets,...