Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

35991

BSO opens New Jersey office to support growth in North America

RELATED TOPICS​

BSO, a global infrastructure and connectivity provider, has opened a new office in New Jersey with 20 staff members.

After expanding to the US market over five years ago and experiencing steady growth, the new office follows a year during which BSO has established itself as a leader in capital markets connectivity in North America. The business has seen a 40 per cent year on year growth based on demand from high-frequency trading firms, brokers and banks seeking to connect to the main financial exchanges in North America, Europe, Asia, Latin America and the Middle East. BSO’s radio frequency network provides ultra-low latency connectivity to leading exchanges including CBOE, CME, NYSE, ICE, Nasdaq and Toronto’s TMX.
 
To meet demand, BSO acquired Apsara Networks in 2017 and has since expanded its network to reach over 240 global points of presence (PoPs) and more than 40 cloud on-ramps. In addition, the company has also developed low latency cloud-to-cloud and cloud connectivity solutions to support the cryptocurrency and digital asset trading communities.
“The US and Canada are the key venues in global capital markets,” says Michael Ourabah, CEO of BSO. “As we emerge from the pandemic, we expect further demand for our ultra-low latency and crypto connectivity solutions. And our office in New Jersey will be critical to meeting this demand.”
 
“With a growing team of sales, product and engineering specialists we needed a bigger space,” says Stephen McConnell, Head of Sales Americas at BSO “The new offices will bring us closer to our clients and we believe face-to-face contact with customers and staff will continue to be essential despite new virtual ways of working. The new office is a landmark moment in BSO’s global expansion.”
 

Latest News

Data provider Preqin has published its Deal Flow Monitor: Q1 2024 report, examining trends in..
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according..
Octopus Investments (Octopus) has announced it has launched a Natural Capital Strategy...

Related Articles

Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by