Avelacom, a US based low latency connectivity and IT infrastructure provider revealed the launch of new point of presence in its latest announcement. As per statement released by the firm, it has deployed a new point of presence (PoP) in Ashburn, Virginia which has direct connectivity to Amazon AWS US-East-1 region as its plans to expand its presence in North American market region with primary focus on cryptocurrency sector clients. With the launch of this new point of presence, the most sought after route in today’s market for cryptocurrency arbitrage – AWS Ashburn to AWS Dublin – a direct transatlantic route will see Avelacom hold the role for fastest line available among competitors as it guarantees a round trip latency of 65.3ms. This new connection route now available in Avelacom will facilitate its clients gain a greater geographical coverage while also giving boost the predictable performance for arbitrage trading strategies.
Avelacom’s top clients from wide range financial service providers such as cryptocurrency hedge funds, asset managers, broker dealers and proprietary trading firms dealing with multiple global exchanges will now have access to faster connectivity with improved latency support facilitating faster price discovery and order executions. Aside from its newly launched point of presence in Virginia, Avelacom currently has more than 80 active PoP’s across the globe with which it connects a wide range of exchanges and financial service providers. Given the fact that every aspect of the firm’s network architecture is designed and optimized for ensuring consistent and stable low latency operations, Avelacom’s service is capable of meeting even high standards required by capital markets and is in high demand in today’s international market. Some of its most popular AWS low latency PoP locations include – Dublin, London, Frankfurt, Tokyo and Hong Kong.
To those who have been living under the rock for the past decade, Amazon Web Services is one of the industry leading, most sought after enterprise grade on-demand cloud computing platform. Some of AWS’s most sought after services include – computing, storage, networking, blockchain, database, analytics, application services, deployment, management, mobile, developer tools etc.. and is used by wide range of industries such as advertising and marketing, automotive, financial services, government and non profit, education, game tech, retail, manufacturing, media, healthcare, oil & gas and telecommunication.
Commenting on the launch of its latest PoP, Aleksey Larichev, CEO of Avelacom said: “Cryptocurrency trading is a very dynamic market, with high growth rates and is a key focus for Avelacom this year. A key driver of institutional adoption is IT infrastructure, which our solution portfolio and ready-to-go infrastructure provides. Our goal is to make markets more accessible and pave the way for greater number of market participants”.
