Currenex Founded in 1999, Currenex, a wholly owned subsidiary of State Street Corp (www.statestreet.com), offers institutional clients cost-effective, electronic access to the $3+ trillion a day global FX market. The Currenex trading platform uses innovative, patented technologies in order execution, liquidity aggregation, risk management and STP to service a diverse set of institutional clients. Its white label solution provides a fully automated and customizable platform for brokers and banks to offer their own personalized electronic trading system.

By adopting leading-edge technologies, Currenex is known for its strong reputation in providing each of its key markets with fast, secure and reliable trading environments with access to abundant liquidity. The Currenex solution has won countless industry awards on the basis of performance, service and product innovation. At the same time, Currenex’s unique technologies have received numerous patents in the U.S. and U.K.

The addition of KVH’s proximity service is a key part of the expansion in Currenex’s services across the Asia Pacific region. Alongside its infrastructure investments, Currenex recently increased staffing on all fronts in the region including Japan, Singapore, Hong Kong and Australia.

Reason for Selecting KVH Services In order to further improve its FX trading system, it was important for Currenex to identify highly secure information and communication technology (ICT) services that comply with the high level of security, operation and service specifications included in The Center for Financial Industry Information Systems (FISC) guidelines among others. The high-level service specifications of KVH data centers met these requirements.

In addition, low-latency connectivity to various exchanges and other local electronic venues can be used in TDC1. These low-latency and stable network connections to information vendors within the same data center are considered to be indispensable for the service, and KVH was able to deliver this within a short period of time.

Various institutional investors, as existing and potential customers of Currenex and State Street Global Markets, are already using KVH TDC1. This factor, together with the quick implementation of reliable connectivity to low-latency networks, led Currenex to select KVH’s data center services as part of its global infrastructure enhancement initiative.

Company Name Currenex, eExchange Solutions, State Street Global Markets

Foreign Exchange (FX) Solutions Provider Case Study Currenex Builds Further Presence in Asia Using KVH Proximity Services

KVH Solutions TDC1 Colocation Service, Internet Connectivity, Ether-MAN Plus

Industry FX trading systems, investment research, IT services tailored for the financial industry

Summary Currenex continues to expand its electronic Foreign Exchange service offering in Japan as the company affirms its status as a market leader in the region. Currenex has sustained robust growth with clients in more than 30 jurisdictions worldwide by opening new client service offices as well as new data centers for improved client connectivity. By leveraging KVH proximity solutions and using the financial value chain, which is consolidated in KVH Tokyo Data Center 1 (TDC1), Currenex will meet growing and more sophisticated customer needs in Japan and in the Asia Pacific region.

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FX Solutions Provider Case Study Currenex Builds Further Presence in Asia Using KVH Proximity Services

KVH Solution

Future Plans for Currenex Currenex plans to further expand its service delivery platform from Japan across Asia. It has doubled its staff in Tokyo and teamed up with KVH to increase its local presence and infrastructure. Currenex will be working with KVH to provide service solutions in the major Asian markets. As a partner experienced in financial services, Currenex is looking forward to strengthening its market penetration by using KVH’s flexible infrastructure service.

• KVH TDC1 Colocation Services Offers ICT infrastructure solutions, which has been adopted by various financial institutions as a hosting infrastructure.

• Internet Connectivity Offers KVH’s high bandwidth Internet connectivity.

• Ethernet Circuits (Ether-MAN Plus) Offers high-quality Ethernet private circuits for connecting the data center and office.

Customer Needs • Local and regional experience that can

quickly and reliably enhance service reach and offering

• Robust and reliable data center environment which complies with industry guidelines

• Compliant with the requirements from the standards organizations such as ITIL and the International Organization for Standardization (ISO), which is vital when providing service infrastructure

• Flexible service delivery (lead time, service contents)

• Bilingual support (sales, engineering and customer support)

Currenex Japan Address Midtown Tower 9-7-1 Akasaka, Minato-ku, Tokyo

Founded in 1999

Business As a wholly owned subsidiary of State Street Corp, Currenex offers corporate and institutional buyers and sellers in the FX and money market reliable, low-cost and secure electronic access to the $3+ trillion a day global FX market.

Website http://www.statestreet.com/

KVH Co., Ltd. Sumitomo Fudosan Tamachi Ekimae Building, 3-1-35 Shibaura, Minato-Ku, Tokyo 108-0023

sales@kvh.co.jp 03-4560-7100

www.kvh.co.jp/en

* All brand names and product names are trademarks or registered trademarks of their respective companies.

Proximity Co-Location

TDC1

Customer A

Customer B

Customer C

Other Carrier Internet

Domestic Network

International Network

Internet

Domestic Other DC

Customer D

Overseas Other DC

Customer E

Other DC Customer F

Other DC Customer G