Press Release: BSO agrees strategic partnership with digital asset firm Bequant
Dublin, 28 January 2021
BSO, the pioneering infrastructure and connectivity provider, announced today that it has signed a strategic partnership with Bequant, the leading digital asset firm, to further bolster high speed trading capabilities across both the Bequant Exchange and Bequant PRO prime brokerage businesses.
Bequant and BSO have been exploring a partnership since last year, and quickly realized similar goals for 2021, and made the decision to partner on a number of initiatives including additional strengthening Bequant’s low latency offering through use of BSO’s backbone of more than 240 co-located data centres across over three dozen countries.
Bequant COO Sergiu Frasineanu: “BSO’s long standing expertise in financial markets enables us to further improve on our industry best, institutional-grade digital asset trading offering. We are eager to work together with them as we grow the business, and to explore additional strategic opportunities down the road.”
As digital and crypto asset markets continue to rapidly institutionalize, the need for a more robust, financial-grade infrastructure is becoming rapidly apparent. This partnership will enable both firms to collaborate to help meet those needs and create a global market infrastructure for the next generation of financial firms.
Michael Ourabah, CEO and founder of BSO: “This strategic partnership demonstrates our commitment to serving financial institutions engaged in digital asset trading. We have witnessed an exponential growth and interest in cryptocurrencies and have responded with bespoke solutions for the sector. Using our low latency and deterministic network, we deliver our customers’ mission-critical data from traditional capital market data centres to the key crypto exchanges across the world. We are pleased that BSO customers can now access Bequant’s exchange with the power of our global low latency network.”
BSO is a leading provider of network, cloud and hosting solutions with a heritage serving banks, high frequency traders (HFTs) and algorithmic traders, exchanges, market data providers, and other markets participants as Bequant looks to further build out its industry-leading digital asset infrastructure.
Sunil Chauhan, director of marketing and partnerships at Bequant: “The decision to work with BSO was an easy one for us. Their industry-leading low latency solution, and globally located data centres fit the bill for our institutional clients, and we couldn’t be happier to partner with them to start the new year.”
BSO is a global telecoms operator powering the digital age. 17 years of innovation, independence and pioneering spirit underpin its customer relationships – trusted partnerships with technology-empowered companies that are embracing global opportunities, scaling rapidly and outperforming competitors.
From trading firms at finance’s bleeding edge to high-growth businesses where network performance, reach, diversity and exceptional 24/7 support define success, BSO delivers every time. One of the world’s largest privately-owned telecom companies by PoP count. An unrivalled international footprint. Extensive expertise in difficult-to-access regions and emerging markets. A team listening intently to every customer’s unique needs. A broad spectrum of shared and dedicated services, unmanaged to fully managed. An uncontested consulting-led approach.
This bespoke intelligent infrastructure, incomparable speed, unmatched service, experience and state-of-the-art technology is what makes BSO a passionate partner rather than a transactional provider. www.bsonetwork.com
BEQUANT is a one stop solution for professional digital-assets investors and institutions. Our breadth of products include prime brokerage, custody technology, fund administration enhanced by an institutional trading platform providing low-latency, liquidity and direct market access.
The BEQUANT team is composed of experts from institutional, retail and digital financial services with experience in banking, derivatives, electronic trading and prime brokerage.