FXecosystem, a provider of FX outsourced connectivity services, has announced the opening of its regional headquarters in Singapore and a point of presence in the Equinix Singapore data centre.

The expansion accommodates current retail and institutional client requirements and underpins FXecosystem’s strategy for growth in the region. It follows a successful six-month operation of FXecosystem’s new NOC and Engineering facility in Asia. The organisation will continue building its team, with new hires in Asia scheduled for early 2017.

«We are delighted to announce our new regional headquarters. Singapore has just come second in PwC’s Cities of Opportunity Index, ranking first in three of the indicators measured – technology readiness; transportation and infrastructure; and the ease of doing business. These were key drivers for FXecosystem selecting Singapore as the location for our regional HQ, together with the immense service offering advantages of our new point of presence in the Equinix SG1 data centre,» said James Banister, CEO, FXecosystem.