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BSO and Kaiko partner to deliver real time low-latency crypto currency market data
The first implementation will see BSO delivering a live-streaming low-latency, secure market data feed from Equinix NY4 for current investors of Gemini, the first exchange to have collocated its servers in an institutional grade data centre, which allows for a cross connect to be implemented and thereby allowing Kaiko clients to access data directly.
Gemini, founded in 2014 by Cameron and Tyler Winklevoss, is a digital asset exchange and custodian that allows customers to buy, sell, and store digital assets such as bitcoin, ether, zcash, and litecoin. Gemini is a New York trust company that is subject to the capital reserve requirements, cybersecurity requirements, and banking compliance standards set forth by the New York Department of Financial Services and the New York Banking Law.
Phase Two will extend coverage to additional exchanges and deliver new sources of data for market participants who have been waiting for an improved infrastructure around crypto currency market data.
Kaiko is a digital assets data provider covering all top cryptocurrency exchanges. Kaiko collects, normalizes, and distributes cryptocurrency market data from 6,000+ currency pairs across 32+ exchanges. Kaiko provides normalized tick-by-tick trade data, order books, OHLCV, and VWAP data. Data is delivered through a cloud-based Data Feed, via an API, and through livestream services.
The company was founded in 2014 and our team has 20+ years experience in the fields of distributed systems, big data and financial markets. You can find more information and documentation on our website.
Ambre Soubiran, CEO at Kaiko, commented, "Market participants in the digital assets industry need transparent and reliable trading data in order to succeed. Whether they are a crypto fund or traditional institutional investor, it is essential to have clear visibility and access to high quality and granular data in this complex market. We are delighted to be working with BSO to bring live crypto exchange data to our clients." Adding, "Starting with Gemini, we expect to be rolling out coverage quickly in response to client needs."
Jeanine Hightower-Sellitto, Managing Director of Operations at Gemini, said, "It is excellent news that the infrastructure around market data is evolving and that Kaiko is now providing enhanced connectivity to market participants."
BSO is the first network provider to launch a crypto-friendly network infrastructure to traders, exchanges, financial institutions, fintech startups, or regulators looking to understand this complex market.
BSO's global Crypto Connect network is built for the high-speed electronic trading community and enables crypto exchanges to provide institutional investors with the guaranteed latency they require for serious investment. The network is, of course, low-latency enabled as demand scales, and is available in over 100 data centre locations comprising all the major trading venues in the global financial community. BSO is well positioned to support new entrants as they scale to institutional corporate structure or are growing and bringing in institutional investment.
Michael Ourabah, CEO at BSO commented, "Our network is engineered to deliver institutional quality and service and we're proud to support the crypto currency community by enabling them to connect to the worlds' financial ecosystem with minimal investment – anywhere in the world. Working with Kaiko, we are very pleased to be able to add real time crypto currency data and extend the solutions we are delivering from our connected exchanges to include this growing and increasingly important asset class."
Kaiko Data is delivered to clients via a Rest API, a Websocket as well as through a Data Feed whereby data is pushed directly to their client's cloud provider (AWS S3 / GCP / BSO Private Cloud / any custom data repository etc.). BSO delivers high-performance, reliable, secure, direct private connectivity to the Amazon Web Services (AWS) cloud from multiple data centres, offices and colocation environments across the globe via the dedicated AWS Direct Connect Service (DCS).
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BSO is the award-winning Ethernet network, cloud and hosting provider of choice for financial institutions and high-frequency trading firms that require superior infrastructure and connectivity to the world's most liquid trading venues.
Experts in low-latency connectivity and colocation across emerging and established markets, over the past two years BSO has won two consecutive awards as the best low-latency high-performance network provider as voted for by members of the international finance community. The organisation continually innovates and invests in its services to empower the progressive trading community.
BSO's global network reaches 23 countries with 103 data centre locations comprising all the major trading venues. Key connected cities include Chicago, New York, Frankfurt, London, Dubai, Tokyo, Shanghai, Hong Kong and Singapore. BSO is redefining connectivity through best-in-class services, global knowledge base and a unique approach to customer experience.
The Realization Group