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Pico announces huge APAC expansion

13 Mar 2019
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Infrastructure, connectivity, data, and cloud technology provider Pico has announced continued expansion into the Asia Pacific (APAC) market.

The global company has made several new hires, built additional offices, and increased its data centre presence in the region. After opening its Singapore and Tokyo offices in mid-2018, Pico went live at TY3 in Tokyo to complement the existing LD4 and NY4 offerings.

Pico is also now live in Hong Kong and Singapore SGX and SG1. Within the next 18 months, Pico plans to add 20 more data centres, including China, Australia, South Korea and India, to complement its existing 30+ global locations.

According to Pico, the APAC expansion extends Pico’s global presence and coverage throughout the trading lifecycle with “follow-the-sun” support across asset classes, regions and time zones. Further, it enables Pico to onboard and support a growing number of clients that want to include the Asian markets in their global trading strategies.

“With the team and data centre footprint we now have in the Asia Pacific region, we hope to replicate the speed and success of our EMEA expansion,” says Pico managing director and global head of product Roland Hamann.

“APAC is a significant phase of our global buildout from a data, hosting and connectivity perspective. Our state-of-the-art global network ring is bridging our clients’ connectivity gaps between regions and providing global financial market access to all participants.”

As aforementioned, the company has made several personnel investments in the region, including relocating Hamann to Pico’s APAC headquarters in Singapore late last year.

Hamann has since strengthened the team with hires, including Nicolas Friceau as Global Head of Data Centre Engineering, Jasmyne Tung as APAC Regional Head of Sales and Elton Pang as Regional Head of Service Operations.

“We are excited to have our APAC headquarters in Singapore,” says Pico chief executive officer Jarrod Yuster.

“We’re experiencing rapid growth in the APAC region, and I credit that to the strength and talent of the team. In response to the needs of our global and local clients, we continue to expand our award-winning services with the goal of being globally comprehensive across financial services markets.”