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”.

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.