Avelacom appoints Timothy Wong to run new Hong Kong office toward APAC expansion

Rick Steves

Avelacom helps to achieve sub-millisecond speed of market data and order execution across both derivatives exchanges and crypto markets.

Avelacom has appointed Timothy Wong as VP of Sales for the Asia Pacific region as the provider of low latency connectivity, IT infrastructure and data solutions announced the opening of its Hong Kong office.

The move is intended to accelerate Avelacom’s next phase of growth in APAC, built on its recent network expansion and upgrades in the region.

Timothy Wong, who will be running the Hong Kong office, 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.

“Unstoppable growth plans in 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.

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 helps to achieve sub-millisecond speed of market data and order execution across both derivatives exchanges and crypto markets.

The firm’s solutions are designed to improve market making, arbitrage and liquidity aggregation strategies. Its global network connects to over 80 liquidity sources and its points-of-presence are located in all major data centers and connected to AWS, Alibaba and Azure clouds.

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