Avelacom Expands in Asia Pacific

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, today announces a new key appointment to its senior APAC team and a newly opened Hong Kong office.

Timothy Wong has been appointed VP of Sales for the region. He brings more than 15 years of experience working in data and network systems across sales, business development and technology. He joins from Xenith IG (formerly Superloop Asia), where he was responsible for institutional sales and development of business relationship with strategic alliances across APAC.

The appointment strengthens Avelacom’s expertise and will enhance further the firm’s APAC growth strategy, which includes new customers, new points-of-presence (PoPs) and new products tailored for the region.

In addition, Avelacom has taken on new office space in Hong Kong to support this expansion. This builds on Avelacom’s commitment to the region, demonstrated by its Singapore opening in 2018.

Aleksey Larichev, CEO of Avelacom, said: “We welcome Timothy and value his deep and diverse expertise across the region. He combines exceptional product and service knowledge along with direct selling skills. He is well connected with the local community of enterprises, vendors, and our clients. We are sure of his leading role in the region and his capabilities to run our new Hong Kong office successfully.”

Timothy Wong, VP of Sales APAC, Avelacom, said: “I’m happy to join Avelacom’s global team and be part of its unstoppable growth plans in APAC. The financial services industry is fast-paced and continually evolving and there’s a lot to do here. I’m delighted to be able to lead the firm’s expansion in the region and address our clients’ connectivity, IT infrastructure and data solutions plans for the future.”

Avelacom’s low latency connectivity & IT infrastructure solutions are designed to improve market making, arbitrage and liquidity aggregation strategies, all of which are highly sensitive to latency. The company’s strength comes from its global network that connects to 80+ liquidity sources offering best-in-market latencies and 99.9% uptime. Avelacom’s points-of-presence are located in all major data centers and connected to AWS, Alibaba and Azure clouds. Avelacom helps to achieve sub-millisecond speed of market data and order execution across both derivatives exchanges and crypto markets.