CryptoStruct serves institutional traders across the world and this professional client base understands that speed is everything in cryptocurrency trading. Even one second’s delay can significantly impact a strategy’s performance.
With this expectation in mind, CryptoStruct knew it needed robust ultra low latency global connectivity to meet client expectations. Prior to launching its professional market data platform, CryptoStruct searched for a network provider with the appropriate network performance, scale and financial services experience. Equally important was the ability to react promptly to market changes.
CryptoStruct first outlined its requirements to an enterprise telecoms operator, believing that a large-scale provider could leverage its resources to meet CryptoStruct’s needs. This company proved slow to respond and demonstrated an unwillingness to innovate.
CryptoStruct then turned to nimbler providers willing to design a bespoke service instead.
Thomas Schmeling, Chief Executive Officer at CryptoStruct, said: “We engaged BSO because of its international reach, reputation for ultra low latency connectivity, and experience in highly regulated financial markets. These qualities have proven true; however, it is BSO’s pace and flexibility that have stood out to us again and again.”