APAC Issue Q1 2019

24 APAC / Issue Q1 2019 , Anova Financial Networks Subsidiary FE Telecoms Earns Regulatory Approval and Licensing in Japan and Singapore Anova Financial Networks, an international carrier and market data provider, announces that its subsidiary FE Telecoms LLC has earned a Service Based Operation License in Singapore and a Notification License in Japan, allowing Anova to move forward with operations in those areas. Anova is building a four- site network in Asia, and the first route – Singapore (SGX) to Tokyo (CC2) – is now live. The Shanghai to Tokyo connection will be operational next, followed by Hong Kong to Tokyo and Taiwan to Tokyo. This new infrastructure taps into Anova’s global footprint, which extends to key financial markets across Asia, Europe and North America. Anova pairs exclusive wireless technologies and best-in-class fiber to deliver the preeminent intra-Asia connectivity solution. “The approval to operate in Asia and the start of our Singapore to Tokyo pathway mark a historic moment for Anova – the official launch of our first greenfield network in the region,” said Michael Persico, CEO of Anova Financial Networks. “Now with full licensing to move forward with this major expansion, we’re thrilled to answer the resounding market demand for lower latency connectivity in Asia built for the financial community.” “This move is pivotal for Anova and for financial trading worldwide, and it’s only the start of our comprehensive global expansion strategy,” said Joe Hilt, Vice President of Sales and Marketing at Anova Financial Networks. “Throughout 2019, we’re planning to turn up our three additional routes in Asia.” Anova’s Singapore to Tokyo route now live, offering best-known latency between key financial hubs.