Interactive Data Selects KVH Proximity Solutions to Further Expand Ultra-Low Latency Trading Infrastructure in Japan

Supporting Evolving High-Frequency Trading Needs on a Global Scale

TOKYO--(BUSINESS WIRE)-- Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, and KVH Co. Ltd, Japan’s leading information delivery platform providing IT and communication solutions, today announced that Interactive Data 7ticks has selected “KVH Proximity Solutions,” consisting of low-latency networks, data center services and proximity facilitation services, to further extend its ultra-low latency trading infrastructure services in Japan. Leveraging KVH solutions to support a full ecosystem of trading participants, Interactive Data 7ticks’ services are designed to provide global and local traders with ultra-low latency connections and proximity hosting services in Japan, with access to major exchanges in Tokyo, Hong Kong, Singapore, New York, Chicago, Toronto, London, and Frankfurt.

With major Japanese exchanges introducing next generation trading platforms and revising their trading schemes, the high-frequency trading (HFT) environment in Japan is evolving rapidly. To address escalating market demand for HFT and facilitate electronic trading in Japan, Interactive Data 7ticks is applying its global capabilities and deep understanding of the markets, and is utilizing KVH Proximity Solutions to assist market participants in plugging into the ultra-low latency trading infrastructure, helping in their latency-sensitive trading. The solutions are also designed to allow traders to gain direct access to Interactive Data’s wide-range of real-time global market data services provided via PlusFeed^SM, its low-latency, consolidated global data feed.

“The HFT market in Japan represents a significant opportunity for the international investment and trading community,” said John Heflin, senior vice president of global operations for Interactive Data 7ticks. “We are utilizing our expertise in providing global managed ultra-low latency IT services, combined with extensive global market data services, to further extend our reach in Japan. We are delighted to be working with KVH as a valuable provider to both domestic and overseas high-frequency traders. By further extending our capabilities to key financial markets across the globe, we are reinforcing our commitment to help meet the evolving needs of our growing institutional client base for electronic trading.”

“We are very pleased that Interactive Data has selected KVH Proximity Solutions for expanding its services in Japan,” said Dr. Zhongmin Guo, executive vice president, International Division of KVH. “Interactive Data brings great value to KVH's Proximity Solutions and to our Plug & Trade concept. Market participants are now able to simply plug into a full-featured managed platform, which is connected to a full ecosystem of exchanges, brokers, ISVs, and market data vendors from a single location. Using this platform, our customers reap all the benefits of a one-stop ultra-low latency solution.”

About Interactive Data Corporation

Interactive Data Corporation is a trusted leader in financial information. Thousands of financial institutions and active traders, as well as hundreds of software and service providers, subscribe to our fixed income evaluations, reference data, real-time market data, trading infrastructure services, fixed income analytics, desktop solutions and web-based solutions. Interactive Data’s offerings support clients around the world with mission-critical functions, including portfolio valuation, regulatory compliance, risk management, electronic trading and wealth management. Interactive Data is headquartered in Bedford, Massachusetts and has over 2,400 employees in offices worldwide.

Interactive Data 7ticks provides managed ultra-low latency services to facilitate electronic trading, such as advanced co-location, proximity hosting, advanced monitoring and technical support capabilities. Interactive Data 7ticks services are provided in the U.S. by Interactive Data Real-Time Services and internationally through Interactive Data (Europe) Ltd. and Interactive Data (Australia) Pty Ltd.

PlusFeed^SM is a service mark of Interactive Data Real-Time Services.

For more information about Interactive Data please visit: www.interactivedata.com.

About KVH

KVH was established in Tokyo in 1999 by Fidelity Investments as a Japan focused IT/communications service provider. KVH offers integrated communications and IT management solutions that include managed services, data center services, professional services, data networking, internet access, and voice services to business customers. KVH operates the lowest latency network in Japan, and with over 450 financial services customers, is the leading provider of ultra-low latency network and proximity hosting solutions to the high-frequency trading community in Tokyo and Osaka. KVH also offers low-latency connectivity services between major financial markets in the Asia/Pacific region and the U.S. including Tokyo, Chicago, New York, Singapore, Hong, Kong, Shanghai, and Sydney.

More information on KVH can be found at www.kvh.co.jp/en/.

Interactive Data
(U.S. media)Brian Willinsky, +1-781-687-8291
[email protected]
or
(European and Asia Pacific media)Sue Mitchell, +44 (0)20 7825 8076
[email protected]
or
KVH Co. Ltd.
(Corporate Communications)Satoko Furukawa, +81-3-4560-7201
[email protected]

Source: Interactive Data Corporation