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

A-Team Insight Blogs

Pico Strengthens its Global Data Centre Presence with New Taiwan Colocation Facility

Subscribe to our newsletter

Continuing its expansion in the Asia-Pacific region, trading infrastructure specialist Pico has launched a new managed Taiwan colocation facility, at Chunghwa Telecom’s CHT Taipei IDC in Banqiao, New Taipei City. The facility will offer connectivity to the Taiwan Stock Exchange’s (TWSE) data centre, with plans for links to the Taiwan Futures Exchange (Taifex) and Taipei Exchange (TPEx), as well as interconnect all financial markets in APAC.

Pico’s live APAC data centres span Hong Kong, Japan, Singapore, and South Korea, which all connect to at least two of its Connectivity Hubs located in Hong Kong, Tokyo and Singapore.  The firm is looking to complete its APAC build in 2021, with the addition of Australia, China, India, Malaysia and the Philippines to its global footprint.

Taiwan launched 24-hour continuous trading in March, replacing the previous call auction trading method. At the same time, Taifex introduced a real-time market data feed to facilitate trading strategies across futures and cash markets.

Pico subsequently launched the new colocation facility to offer firms agile, efficient and rapid access to Taiwan’s markets. Located within 100 metres of the TWSE / Taifex data centre, the facility offers lowest-latency connections to the markets’ respective trading engines. Pico also plans to offer dedicated or shared infrastructure options as well as hosting services, tailored technology solutions based on its global market data services, and infrastructure procurement. On-site Intellihands multilingual teams will provide 24/7 global support.

Pico managing director Roland Hamann says these new developments are “enticing many trading participants to include Taiwan markets in their global trading strategies.” To provide clients rapid access to Asian and global financial services data centres and marketplaces, Pico has connected the new facility to PicoNet, its private low-latency proprietary network mesh providing seamless global access to trading venues, outbound internet connectivity, and market data services around the world.  It is supported by Pico’s analytics and monitoring platform, Corvil Analytics, the de-facto standard for analytics and visibility in the financial markets community.

Designed to host mission-critical systems, Pico says CHT Taipei IDC is the only data centre in Taiwan to achieve both the ANSI/TIA-942 Facility Rated 3 Certification and the Uptime M&O Stamp of Approval. It is also certified for the Payment Card Industry Data Security Standard (PCI DSS) and Service Organization Controls (SOC) reports.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining infrastructure can take months and absorb significant budget before a single model is tested. At the...

BLOG

The Low-Latency Race Shifts from Speed to Scale and Control

For years, the evolution of low-latency trading infrastructure has largely been measured in one direction: faster. Microseconds became nanoseconds as trading firms invested in colocation, network optimisation, specialist hardware and FPGA acceleration to gain an edge in markets where position in the queue can determine whether an order is filled. That race hasn’t gone away....

EVENT

Data Management Summit London

Now in its 17th year, Data Management Summit (DMS) London returns In April 2027, to explore how to use data and AI to drive measurable business outcomes reliably, repeatedly and at scale.

GUIDE

FRTB Special Report

FRTB is one of the most sweeping and transformative pieces of regulation to hit the financial markets in the last two decades. With the deadline confirmed as January 2022, this Special Report provides a detailed insight into exactly what the data requirements are for FRTB in its latest (and final) incarnation, and explores what needs to be done in order to meet these needs on a cost-effective and company-wide basis.