Pico continues its global expansion plan post its acquisition of Corvil with the announcement that Singapore-based investor EDBI has become a Pico investor and strategic partner. Pico launched in APAC about a year ago and has since built presence with strategic hires, new offices and additional data centres in Singapore, Hong Kong, Tokyo, Korea and Taiwan. Within the next 18 months, it plans to add 20 more data centres, completing coverage of APAC financial markets. EDBI joins a roster of strategic investors in Pico including Nomura, Goldman Sachs, J.P. Morgan, UBS, Wells Fargo, DRW Venture Capital and CMT.
A-Team Insight Briefs
Related content
WEBINAR
Recorded Webinar: Optimising outsourced infrastructure for trading in fast markets
In fast markets, you must move quickly to identify and fix any problems with latency, systems and algo performance, but what you cannot see you cannot fix. This begs the question of how trading organisations can see, understand and optimise their infrastructure as it interacts with fast markets to ensure optimal trading connectivity. The answer...
BLOG
Trading Technologies Adds Colocated Execution and Connectivity at ICE Data Centre in Basildon
Trading Technologies International (TT) has added colocated execution and client connectivity services at the ICE Data Services European Liquidity Centre in Basildon, UK, to its global trading infrastructure offering. The expansion to Basildon provides TT’s global user base with the lowest-latency direct market access to ICE’s European derivatives markets through the TT platform, and also...
EVENT
RegTech Summit New York City
Now in its 3rd year, the RegTech Summit in NYC explores how the North American financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.
GUIDE
Dealing with Reality – How to Ensure Data Quality in the Changing Entity Identifier Landscape
“The Global LEI will be a marathon, not a sprint” is a phrase heard more than once during our series of Hot Topic webinars that’s charted the emergence of a standard identifier for entity data. Doubtless, it will be heard again. But if we’re not exactly sprinting, we are moving pretty swiftly. Every time I...