Nevigate Sets Up Point-of-Presence Within Singapore Exchange
Enhances Customer Experience in Monetizing Global Capital Market Opportunities
Singapore, 28 May 2013 – Nevigate Communications (Nevigate), a Singapore-headquartered independent global network services and solutions provider, today announced that it has become one of Singapore Exchange’s (SGX) Network Service Providers.
With a Point-of-Presence (PoP) within SGX’s premises, Nevigate will improve latency performance and offer direct connectivity access from SGX into global markets around the world. Other benefits include advanced co-location and proximity hosting services.
For customers in the financial services industry who prioritize IT as a source of competitive advantage, access to the lowest available latency connectivity services is critical to their business success. The addition of Nevigate to SGX’s list of Network Service Providers presents customers with the choice to work with an independent, carrier-neutral global network service provider when evaluating and mapping out their strategy for growth.
“Individual, institutional investors and financial firms today are constantly keeping up with real-time, event-driven market developments in order to monetize changing capital market conditions around the world. By adding Nevigate to our list of Network Services Providers, we increase the range of global connectivity services customers can have access to,” said Tinku Gupta, Head of Market Data & Access at SGX.
Nevigate operates a virtual network platform, and will design and deliver to customers in the financial services industry a high performing, low latency global connectivity service for straight-through processing of transactions and to access market data. Its services will enable SGX’s end-users to execute trades on the Singapore exchange platform as well as connecting into other financial hubss like London, New York, Sydney and Tokyo.
“Nevigate’s business model is built on the merits of delivering service flexibility and cost efficiency to customers by staying carrier-independent and cable-independent. We evaluate and present our customers with the best available high performing, low latency global connectivity services at all times. We also offer assurance and direct service accountability for our services, removing headaches commonly associated with managing multiple carrier relationships, and help our customers make sense of changing service technologies and emerging connectivity routes,” said GK Tan, Managing Director, Nevigate.
About Singapore Exchange (SGX)
Singapore Exchange (SGX) is the Asian Gateway, connecting investors in search of Asian growth to corporate issuers in search of global capital. SGX represents the premier access point for managing Asian capital and investment exposure, and is Asia’s most internationalised exchange with more than 40% of companies listed on SGX originating outside of Singapore. SGX offers its clients the world’s biggest offshore market for Asian equity futures, centred on Asia’s three largest economies – China, India and Japan.
In addition to offering a fully integrated value chain from trading and clearing, to settlement and depository services, SGX is also Asia’s pioneering central clearing house. Headquartered in Asia’s most globalised city, and centred within the AAA strength and stability of Singapore’s island nation, SGX is a peerless Asian counterparty for the clearing of financial and commodity products.
Nevigate is an independent global network services and solutions provider, headquartered in Singapore with regional offices in Cyprus, China, Hong Kong, Malaysia, and UAE. Customers choose Nevigate to access an Aggregate One-Stop Shop (OSS) Platform with multiple diverse solutions and service coverage in more than 100 countries via multiple providers and partners. Customers are supported by a team of highly skilled, experienced professionals, NOC and 24×7 Network Monitoring Services for greater ease of operations, cost effectiveness and service flexibility.
Leading telecommunications companies partner Nevigate for its local knowledge and relevant expertise in the markets they operate in, the ability to design and build innovative, trusted solutions that address their needs as well as offer a complete business operations lifecycle partnership.
For more information, please go to www.nevigate.net.