back Back

EllaLink and BSO to develop financial markets between Europe and Latin America

By Edlyn Cardoza

September 29, 2021

  • BSO
  • EllaLink
  • Europe
Share

EllaLink, BSO, Europe, Latin AmericaBSO, the global pioneering infrastructure and connectivity provider, and EllaLink, the express optical platform between Europe and Latin America, recently announced plans to develop the financial markets between Europe and Latin America to commercialise low latency services for their customers. 

To date, European and Asian firms wanting to trade the Brazilian markets have had to transit through the US. With the launch of EllaLink in June, trading strategies in Brazil and South America that were previously uneconomic for international entities have become much more attractive. 

BSO has partnered with EllaLink at a strategic level to put in place the necessary ultra-low latency connectivity and infrastructure to enable trading firms worldwide to access the Latin American exchange and to capitalise on the opportunities that it offers. These new routes will open up a wide range of possibilities for proprietary trading firms, capital banks, hedge funds and other market participants across multiple asset classes. 

“We are proud to be the preferred supplier for EllaLink in the capital markets sector. Our work to connect those in emerging markets with other trading networks around the globe has garnered significant results for the regions in question, even at this early stage. With this rapid progress in mind, BSO is well-placed to ensure that firms who want to access the Brazilian market have everything they need,” said Michael Ourabah, Chief Executive Officer, BSO. 

Vincent Gatineau, EllaLink Chief Marketing & Sales Officer, added, “Our partnership with BSO further demonstrates EllaLink’s ability to recognise the needs of the global markets and to provide services that will bring financial communities together. We are excited to say that EllaLink’s direct routing provides a significant latency advantage over competing networks, creating new opportunities for our partners and customers.” 

EllaLink is an advanced optical platform offering secure high-capacity connectivity on a unique low latency transatlantic route serving the growing needs of the Latin American and European markets. The EllaLink network directly connects Brazil and Europe, linking the major hubs of São Paulo, Rio de Janeiro and Fortaleza with Lisbon, Madrid, and Marseille. 

The EllaLink System has been built with coherent technology, initially offering 100Tbps of capacity over four direct fibre pairs between Europe and Brazil. EllaLink is a privately funded and independent company committed to providing products and services on a Carrier Neutral and Open Access basis. Marguerite II, a pan-European equity fund active in the renewables, energy, transport, and digital infrastructure sectors is the main shareholder of EllaLink. 

Founded in 2004 and with a heritage serving the world’s largest financial institutions, BSO is a global pioneering infrastructure and connectivity provider, serving more than 600 data-intensive businesses across diverse markets such as financial services, technology, energy, e-commerce, media and more. The company owns and provides mission-critical infrastructure, including network connectivity, cloud solutions, managed services, and hosting, specific and dedicated to each customer served. 

BSO’s network comprises 240+ PoPs across 33 markets, 40+ cloud on-ramps, is integrated with all major public cloud providers and connects to 75+ on-net internet exchanges and 30+ stock exchanges. Its team of experts works closely with customers to create solutions that meet their business’s detailed and specific needs, providing the latency, resilience, and security they need regardless of location. 

Previous Article

September 29, 2021

CTBC Bank selects Avaloq to elevate its private banking platform

Read More
Next Article

September 29, 2021

TrueLayer launches its global Open Banking platform in Australia

Read More






IBSi Daily News Analysis

cloud,

July 19, 2024

BSO

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

LTIMindtree extends multi-million-dollar contract with Absa Bank

Read More

Today

FinTech Focus: Catch latest developments of the week

Read More

Today

FIS launches new Trade Matching Solution in the UK

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024