About a-team Marketing Services
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: How to move to a modern, component based trading architecture using a Buy AND Build approach

To remain competitive in today’s electronic markets, firms need trading architectures that support rapid innovation, effortless integration of new capabilities, and the agility to respond to shifting market demands. This is prompting technology leaders to move beyond the traditional “Buy vs. Build” debate, a false dichotomy that oversimplifies the choice between generic, off-the-shelf platforms and...

BLOG

Continuous Trading and the Death of End-of-Day

As US equities and other markets move toward continuous, around-the-clock trading, firms face a set of infrastructure questions the traditional trading day never forced them to answer. A panel at A-Team Group’s recent TradingTech Summit New York was convened to work through them: how to build a resilient foundation without adding operational risk; how to...

EVENT

RegTech Summit London

Now in its 10th year, RegTech Summit London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to innovate the compliance function and response.

GUIDE

Entity Data Management & the LEI

Just over a year since the Financial Stability Board handed over leadership and direction of the interim Global Legal Entity Identifier System – or GLEIS – to the Regulatory Oversight Committee (ROC) of the LEI the entity identifier is being used for reporting under European Market Infrastructure Regulation. This report discusses recent developments in the...