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: Data platform modernisation: Best practice approaches for unifying data, real time data and automated processing

Financial institutions are evolving their data platform modernisation programmes, moving beyond data-for-cloud capabilities and increasingly towards artificial intelligence-readiness. This has shifted the data management focus in the direction of data unification, real-time delivery and automated governance. The drivers of this transition are improved operational efficiency as manual processes are replaced by faster, more accurate automated...

BLOG

Nasdaq and AWS Deepen Partnership to Offer Calypso as a Managed Service

Nasdaq and Amazon Web Services (AWS) have expanded their strategic partnership, announcing that Nasdaq’s Calypso platform will now be available as a fully managed service on AWS. The move aims to provide financial institutions with a modernised, resilient, and scalable infrastructure for their capital markets and treasury operations. The offering sees Nasdaq managing the underlying...

EVENT

Eagle Alpha Alternative Data Conference, Fall, New York, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

Regulatory Data Handbook 2020/2021 – Eighth Edition

This eighth edition of A-Team Group’s Regulatory Data Handbook is a ‘must-have’ for capital markets participants during this period of unprecedented change. Available free of charge, it profiles every regulation that impacts capital markets data management practices giving you: A detailed overview of each regulation with key dates, data and data management implications, links to...