<p>Thomson Reuters today announced the launch of Elektron managed services in Australia and China to provide international and domestic financial institutions with cost-effective access to its real-time market data infrastructure and content. Elektron Managed Services gives clients the ability to scale their businesses rapidly and access low latency data and services while lowering the typical costs of deploying and managing equivalent solutions in-house.</p><p>Elektron Managed Services will be deployed in co-location with the Australian Securities Exchange (ASX) in Sydney as well as through a key financial services data-center facility in Shanghai to respond to market needs for increasingly sophisticated trading strategies and risk management solutions in local as well as international markets. The expansion of Elektron Managed Services into China and Australia further extends Thomson Reuters Elektron managed services centers in Asia-Pacific following launches in Hong Kong, Tokyo, Singapore, Taipei and Mumbai.</p><p>Elektron Managed Services in Shanghai will provide Chinese financial institutions with access to Thomson Reuters suite of real-time market data and application infrastructure to support domestic growth strategies. Thomson Reuters Elektron's global footprint in international financial hubs will also facilitate the expansion of their overseas businesses at a time when the Renminbi is rapidly becoming one of the world's major international currencies.</p><p>"Elektron Managed Services gives us the ability to rapidly scale our businesses and access a broad universe of data and services while lowering the typical costs of deploying and managing equivalent solutions in-house," Said Qu Hongjie, executive director of China Equities &amp; head of China Electronic Trading, UBS Securities.</p><p><a href="http://low-latency.com/article/thomson-reuters-launches-elektron-managed-services-australia-and-china">Keep reading...</a></p><p>Read also:</p><p><a href="http://www.automatedtrader.net/news/at/142768/thomson-reuters-elektron-managed-services-launches-in-australia--and-china">Thomson Reuters Elektron Managed Services launches in Australia and China</a> (Automated Trader)</p><p>Explore: <a href="http://news.google.com/news/more?ncl=dIUx2Q7tuWLe0VML6lfVjd2zKKLqM&ned=us">2 additional articles.</a></p>