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Fractal Systems Selects KVH IaaS for SaaS Platform

By Anil Sharma
TMCnet Contributor

Fractal Systems selected KVH IaaS as its platform for "CX SaaS (News - Alert)," a new software service for commodity futures trading businesses to be launched on Nov. 1.

Fractal Systems has abundant experience in developing and offering systems for market data delivery as well as foreign exchange and securities trading.

Officials with Fractal Systems said that "CX SaaS" covers the spectrum of commodity futures trading business applications from online trading and market data delivery to business support systems for orders, vendor management, and financial accounting systems.

Company officials said that "KVH (News - Alert) IaaS" delivers a highly scalable and secure, configurable multi-tenant platform that utilizes KVH's data centers and high-speed networks, which are specifically engineered to meet the mission-critical needs of the financial industry. According to company officials, using "KVH IaaS," Fractal Systems is able to achieve high scalability, flexibility, and availability for its "CX SaaS" service platform, while providing the high reliability required by trading firms.

Through "KVH IaaS," enterprise users of "CX SaaS" such as investors and commodity future trading companies can promptly adopt a state-of-the-art service platform with minimum initial investment and the ability to continuously reduce system operations workload.

Moreover, flexibly scaling the system in accordance with size and/or type of business will allow users to focus on their core business, enhancing their competitive advantage.

Fractal Systems will initially offer "CX SaaS" to two commodity futures trading companies, expanding to 10 target customers in the first year.

"Fractal Systems focuses on developing leading-edge technologies while maintaining a high standard of quality for our products even after system implementation,” said Masahiro Nakagawa, president of Fractal Systems, in a statement. Nakagawa said that CX SaaS follows the company’s business model, allowing customers to upgrade the service at a rate most appropriate to their business growth.

“By selecting KVH, who boasts extensive experience in the financial industry, for their IaaS services, we are able to both deliver the level of service required by our customers and take advantage of the convenience and scalability of cloud services,” he said. Nakagawa said that moving forward, the company aims to continue offering cost effective, high performance features to support trading businesses to enhance the customers' satisfaction.

"We are thrilled to have configured our flexible Infrastructure-as-a-Service to fit Fractal Systems' exacting specifications. Fractal Systems use our high speed Internet service as well as secure private circuits, with servers and storage in a multi-layered IP network,” said Bill Chute, vice president, managed service business unit of KVH.

Chute said that the company’s dynamic, no-touch provisioning software allows Fractal Systems to scale rapidly as their customer base expands.

“We are delighted to deliver to Fractal Systems the broad range of KVH's products, from collocation to connectivity to IT infrastructure management, for low cost and high performance results," he added.

KVH was established in Tokyo in 1999 by Fidelity Investments as a Japan focused IT/communications service provider. KVH offers integrated communications and IT management solutions that include managed services, data center services, professional services, data networking, internet access, and voice services to business customers.