RTS Realtime Systems Group, a leading global trading solutions provider, announced today that it has successfully fortified its presence throughout Asia with several new developments, following the firm's recent expansion into India.
RTS just hired a new leadership team for the Asia Pacific region, further increased investments in staff and technology, and completed development of its first Asian-based data center, which will open in Singapore in October.
The Singapore data center will offer high-speed, low latency access to Singapore's two exchanges, Singapore Exchange (SGX) and Singapore Mercantile Exchange (SMX), with further markets to follow. The launch of this site gives the RTS global data center network seven locations in key financial centers, from which the firm offers a one-stop solution for firms' trading needs, including fully optimized customer environments, proximity hosting and co-location to 65 international exchanges across asset classes. Data centers offer customers access to multiple markets without substantial infrastructure expenditures.
RTS announced the appointment of Andy Woodhouse as Managing Director for Asia Pacific and Eric Neo Say Wei as Sales Director for the region. Both will be based in Singapore, RTS' regional headquarters.
RTS CEO Steffen Gemuenden said: "This has been an exceptional year for RTS in Asia. We successfully completed our first acquisition and were able to establish a stronger presence and customer base in India and throughout the region. We've seen very strong demand in Asia for our offering -- particularly for RTD Tango, our low latency algorithmic trading solution, and RTD Tango Trader, our hybrid solution for click and algorithmic trading. We're very pleased to welcome Andy and Eric, both of whom have extensive experience in financial markets, technology and trading. With staff in Asia that now exceeds 40 employees, we are actively recruiting in order to satisfy the growing demand for the trading and matching solutions, market access and risk management services we offer throughout Asia and on a global basis."
In August, RTS closed on its acquisition of First Futures Software Engineering Pvt. Ltd. (FFS), a higigh-end technology solutions provider in Pune, India, and announced plans to open a data center in Mumbai. RTS earlier in the summer opened an office in Mumbai and now has five offices across the Asia Pacific region.