Finalto is very pleased to announce that at the UF AWARDS APAC Awards on June 22, 2023, we won the "Best B2B Asia-Pacific Mobility Provider 2023" award.。The ceremony was held on the last day of the 2023 iFX EXPO Asia in Bangkok.。In this exclusive interview, we gather with Alex MacKinnon, CEO of Finalto Asia, to discuss the company's strategic move to enter Singapore and build a new data center。We delved into the motivations for the move, the benefits to customers and stakeholders, and Finalto's strong commitment to data security.。

Ask:Alex, can you give us a brief overview of what prompted Finalto to make the strategic decision to build a new data center in Singapore？

Alex MacKinnon: Of course。Our decision to establish a data center in Singapore stems from our commitment to providing unwavering support to customers around the world。By setting up a data center in Singapore, we give customers access to one of the three largest foreign exchange data centers。This initiative is designed to meet where customers need us most, strengthen connectivity in the region, and build a truly global network for our services。

Q: What advantages can customers and stakeholders expect from this expansion？

Alex MacKinnon: Our customers in Asia will experience significant latency reduction due to geographic proximity of new data centers。Through our Singapore hub, which connects Asia to financial centres such as New York and London, we provide our customers with faster and more efficient services, which in turn leads to better service for their customers.。In the financial industry, millisecond latency differences are particularly important。

Q: Can you explain how the new data center will be enhancedFinalto's ability and facilities to serve customers？

Alex MacKinnon: The new data center will provide our customers with a global source of liquidity, allowing them to make more informed decisions based on the geographic center that meets their latency and liquidity needs。Basically, it will provide our customers with more choices and greater flexibility, enhancing their ability to operate in the global market。

Q: Building a data center is not easy。whether any obstacles were encountered in the process of establishing this facility,How is Finalto solved?Decision

Answer: decisionAfter the policy was made, we faced some challenges, but the whole process went relatively smoothly.。We learned from last year's experience in building a data center in New York, making the construction of the facility in Singapore efficient in just five months。Of course, this is also inseparable from the expertise and commitment of our team, who played a key role in the whole process, simplifying and smoothly carrying out the work.。

For the importance of data security and privacy, this expansion showsFinalto's commitment in these areas。The standards we have adopted in Singapore are consistent with those we have implemented in our London and New York data centers.。In addition, we are vigilant and adaptable, constantly improving our security protocols to meet the changing challenges in the data field。Customers can rest assured that when they use the Finalto system for transactions, their data is safe and confidential, regardless of the data center from which they get the quote。

Regarding the timing of this expansion, we areHardware ordered in early 2022 and delivered in June。Our IT operations team conducted two device setups in Singapore in September and November 2022。In January 2023, we prioritized the Singapore data center implementation project and formed a cross-functional team from the ClearVision R & D team。The solution is finally completed at the end of April or early May。We are currently in the customer friendly testing phase。If the testing phase goes well, we expect the data center to be fully operational soon。

Finally, I want to emphasize that ，Finalto is excited to bring this data center to Singapore。We recognize the importance of close contact with our customers and their markets。The strategic location of this data center demonstrates our commitment to innovation, excellence and, most importantly, to our customers.。We believe that through this expansion, we have made a positive contribution to the Asian financial ecosystem.。