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Data center service provider NTT America added a new financial-service firm to its customer list. Activ Financial will use the company’s data center and connectivity services, NTT said in a statement.
The relationship will start with connectivity services between the client’s offices in Chicago and Tokyo and expand in December, when NTT will add data center services to enhance connectivity between Activ offices in Tokyo, Hong Kong and Singapore. NTT said plans were in place to expand its network services for Activ beyond Asia in the future.
“With over 300 customers worldwide, Activ manages more than 130 feed handlers and nearly 20 datacenters spread across five continents, so it is critical that we work with reliable partners,” Activ President Frank Piasecki said in a statement.
NTT America, whose clients include Twitter and OpSource, is a wholly owned subsidiary of Japanese telecom giant NTT Communications, which is in turn a subsidiary of Nippon Telegraph and Telephone. NTT Communications operates Arcstar IP-VPN private networks and a worldwide Tier 1 backbone. It operates data centers in the US, Asia and Europe.
Earlier this month, Activ Financial was one of the companies that complained that their competitor in the financial markets Thomson Reuters avoided fair competition by preventing other players from translating the codes its systems use to identify securities and their trading locations.
According to a Dow Jones Newswires report, the European Commission opened an antitrust investigation into Thomson Reuters regarding the practice two weeks ago. Activ’s complaint was that not having the codes when bidding for the same clients as Thomson Reuters did put it at a disadvantage.
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Keywords: NTT America, Activ Financial, Thomson Reuters, financial services, financial services data center, electronic trading, high-speed trading, market data | |