BSO Creates Bespoke Ultra Low Latency Cloud Connectivity Service for CryptoStruct GmbH
- Cryptocurrencies , Cloud
- 10.12.2020 06:27 pm
BSO, the leading global telecoms operator powering the digital age, has delivered a unique ultra low latency connectivity service for CryptoStruct. This bespoke cloud-to-cloud service underpins CryptoStruct’s professional market data platform.
Based in Hamburg, CryptoStruct centralises and normalises crypto market data from multiple exchanges. This unrivalled insight enables professional and institutional traders to react to market trends in real time, conduct historical analysis, and trade faster and safer.
Thomas Schmeling, Chief Executive Officer at CryptoStruct, said: “We engaged BSO because of its global reach, reputation for ultra-low latency connectivity, and experience in highly regulated financial markets. These qualities have proven true; however, it is the company’s pace and flexibility that have stood out to us again and again.”
Thomas Schmeling continued: “BSO engineered an entirely unique service for our specific requirements. Exchanges often change their cloud hosting without warning, so it is critical that we have a network partner that can react as rapidly as we do. BSO was the only provider capable of matching our pace and specific needs.”
“Innovation runs through our DNA and BSO’s heritage of empowering market makers is once again on show with this exciting partnership. CryptoStruct simplifies how traders access this dynamic asset class with a high-trust, robust solution built on market-leading infrastructure. I am proud of how our team rose to the challenge and delivered a world-first, industry-beating service,” said Michael Ourabah, Chief Executive Officer at BSO.
CryptoStruct’s team have decades of experience in low latency high frequency trading (HFT) and market making. The company is a subsidiary of SSW Holding GmbH and a group member of SSW Trading, one of Europe’s largest HFT firms and market makers.
BSO’s cloud-to-cloud service connects CryptoStruct to exchanges hosted in Dublin, Tokyo and Singapore using its low latency backbone while also providing it with the necessary global reach to onboard new exchanges as soon as they come online.