The connectivity provider launched a cloud-based VPS (Virtual Private Server) after having gone live with an institutional caliber connectivity offering in January 2019. The solution enables firms to take a FIX feed or ISP link to Bitfinex’s digital asset gateway. In addition to the cloud-based VPS solution and the institutional connectivity offering, Market Synergy also offers colocation services to any Bitfinex institutional client.
Paolo Ardoino, Chief Technology Officer at Bitfinex, said: “To truly live up to our promise as the home of professional trading, it is essential that we continue to develop a variety of connectivity solutions that meet the distinct demands of organisations, institutions and professional traders. Our continued partnership with Market Synergy allows us to deliver on this, providing the most innovative and robust institutional-grade solutions in the market.”
The low-latency cloud-based VPS targets firms who don’t want to deploy their own servers but want to benefit from the provider’s infrastructure located in a Swiss data center and a bespoke network designed and built for Bitfinex. Clients can choose from a combination of CPUs, RAM and storage to suit their requirements, with 24×7 support provided by Market Synergy’s network operations center (NOC).
James Banister, Chief Executive Officer at Market Synergy, commented: “Following on from the successful launch of our institutional offering, we have extended our service to give clients the option of accessing a virtual server with built in connections to Bitfinex. In partnership with Bitfinex, we now have a range of products aimed at different levels within the market to suit different requirements. Our institutional offering – for clients with a dedicated server and connections – and our VPS offering both target the professional market, providing fast, secure and high performance connectivity to Bitfinex.”
Market Synergy provides centralized sources of cryptocurrency connectivity to exchanges, banks, brokers and hedge funds, with its bespoke network solution designed to ease the fragmentation of connectivity in the cryptocurrency market. The firm is part of the FXecosystem group, which includes FXecosystem (FX connectivity) and Bondecosystem (connectivity for the bond markets).