The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

BSO Acquires IX Reach

Share article

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.”

Leave a comment

Your email address will not be published. Required fields are marked *

*

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

Network Resilience in Financial Services – Why it Matters and How Firms Can Achieve it

By Alan Stewart-Brown, vice president EMEA, Opengear Firms across the financial services sector are increasingly reliant on IT networks to deliver core services, but this can leave them vulnerable to rapidly escalating security threats. Hacking software is widely available and threats from social engineering, phishing, and malware attacks are an ever-present reality. To alleviate the...

GUIDE

Data Lineage Handbook 2019

Welcome to our latest handbook on data lineage, a critical concern for data managers working to achieve regulatory compliance, deliver operational gains, and provide meaningful value to the business. The handbook covers the complete scope of data lineage, with a view to helping you win management buy-in and budget, decide whether to build or buy...