Perseus Grows Brazilian Footprint


Global connectivity and managed services provider Perseus recently inked a deal with Brazilian infrastructure vendor RTM to expand the company’s presence within Brazil.

Under terms of the agreement, Perseus has established new points of presence (PoPs) within RTM’s São Paulo and Rio de Janeiro data centers as well as bringing all RTM services onto the Perseus backbone, allowing clients to leverage 76 data centers in 54 cities across the globe, according to company officials.

“Financial markets have become heavily reliant on ‘time to market’  solutions due to constant liquidity shifts,” said Marcos Guimaraes, president of Perseus LatAm. “Opportunities won’t wait for players to overcome infrastructure barrier. Partnering with RTM enables hundreds of Brazilian participants to interconnect to thousands of global participants and service providers quickly and cost-effectively, with high-quality standards from both RTM and Perseus.”

Guimaraes expects about 80% of the traffic traveling across the Perseus-RTM infrastructure will be foreign investors looking to participate in the local Brazilian market.

“We usually see international players looking for Brazilian local sell-side firms either to sponsor their trading strategies or to enable their trading strategies,” he added.”That is when they become their own IT provider or they rely on someone that can do that for them, such as Perseus.”

Featured image via iStock

Related articles

  1. Deutsche Börse's derivatives arm will launch futures on MSCI Brazil.

  2. Hashdex Nasdaq Crypto Index ETF has listed on B3.

  3. The Luxembourg Stock Exchange will deliver static, dynamic and regulatory documentary data to Quantum.

  4. Overseas investors can now easily trade Brazilian assets at B3.

  5. The partnership will span investment banking and securities brokerage in LatAm.