NTT Communications partners with Tokyo Stock Exchange
11 April 2013 |
Japan-based NTT Communications has signed a deal with the Tokyo Stock Exchange (TSE) for the launch of a financial network service, arrownet-Global, in Hong Kong.
arrownet-Global is designed to allow NTT’s Ethernet and low-latency cable systems to provide global financial service institutions in the country, with direct access to the Japan Exchange (JPX) co-location service.
The service is also expected to allow these financial institutions to directly access TSE’s systems.
“arrownet-Global enables the global investors in Asia and across the world to access the JPX market from outside of Japan more easily and effectively by realising a seamless connection with arrownet via NTT’s wide global coverage,” said Yoshinori Suzuki, senior MD of TSE.
“I hope that straightforward access to the JPX market will strengthen the value of TSE’s IT infrastructure and boost the liquidity of the JPX market, so that JPX can achieve its corporate aim to become ‘the Most Preferred Exchange in the Asian Region’.”
NTT Communications and TSE have a long-term affiliation and believe the arrownet-Global service will go some way to addressing increasing demand for reliable services, as well as strengthening TSE’s value and investor group.
“We provide network connectivity to a wide range of financial clients, and we pride ourselves in our ability to understand their demands on latency and reliability,” said Patrick Ng, EVP of global network business division at NTT Comm Asia.
Earlier this month, NTT Communications partnered with Alcatel-Lucent to improve its VPN services for enterprise customers.