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Spotlight on Finalto’s<br />
Singapore expansion<br />
Finalto recently won the ‘Best B2B Liquidity Provider APAC 20<strong>23</strong>’ award at the UF AWARDS<br />
APAC Ceremony which took place on June 22nd, the final day of iFX EXPO Asia 20<strong>23</strong> in<br />
Bangkok. As our regional e-FX perspective feature in this edition of e-<strong>Forex</strong> is focused<br />
on Singapore we asked Alex MacKinnon, the Regional CEO of Finalto Asia, to discuss the<br />
company’s expansion into Singapore with a new data centre and the benefits it brings to<br />
clients and stakeholders.<br />
PROVIDER PROFILE<br />
Alex MacKinnon<br />
Alex, can you give us a snapshot<br />
of what led Finalto to make the<br />
strategic decision to launch a new<br />
data centre in Singapore?<br />
The impetus behind our decision to<br />
establish a data centre in Singapore<br />
stems from our dedication to<br />
providing steadfast support to our<br />
global clientele.<br />
By having the data centre in<br />
Singapore, we’re empowering our<br />
customers with access to the three<br />
largest FX data centres by volume.<br />
This move is all about being where<br />
our clients need us most, enhancing<br />
the connectivity in the region and<br />
building a truly global network for<br />
our services.<br />
What advantages can clients and<br />
stakeholders anticipate from this<br />
expansion?<br />
Our clients in Asia will experience a<br />
considerable decrease in latency due<br />
to the geographical proximity of the<br />
new data centre. By bridging the<br />
distance between Asia and financial<br />
hubs like New York and London<br />
through our Singapore centre, we’re<br />
ensuring a significantly faster and<br />
more efficient service for our clients<br />
and, in turn, for their own customers.<br />
This reduction in latency is especially<br />
critical in the financial industry where<br />
milliseconds can make a difference.<br />
Could you shed some light on<br />
how the new data centre is going<br />
to enhance Finalto’s capacity and<br />
facilities for serving its clientele?<br />
Best B2B Liquidity Provider APAC 20<strong>23</strong>’ award<br />
The new data centre will avail<br />
global liquidity sources to our<br />
clients, granting them the ability<br />
to make more informed decisions<br />
utilising the geographical centre<br />
that best satisfies their latency and<br />
liquidity requirements. Essentially, it<br />
will offer a greater range of choices<br />
and more flexibility to our clients,<br />
enhancing their ability to navigate<br />
global markets no matter where<br />
they are.<br />
44 JULY 20<strong>23</strong> e-FOREX
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