BSO launches low latency cloud connectivity service for CryptoStruct
BSO has delivered a low latency connectivity service for CryptoStruct GmbH, adding that the cloud-to-cloud service underpins CryptoStruct’s professional market data platform.
Based in Hamburg, CryptoStruct centralises crypto market data from multiple exchanges for professional and institutional traders to react to market trends in real time, conduct historical analysis, and trade faster and safer.
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.
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.
“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.”
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, according to the company.
“Innovation runs through our DNA and BSO’s heritage of empowering market makers is once again on show with this exciting partnership,” said Michael Ourabah, Chief Executive Officer at BSO.
“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.”