Press Releases

The latest Pico news and updates.

May 12th, 2020
Pico Chairman and Founder, Jarrod Yuster, Announces Strategic Hire of Frank Troise as Co-Chief Executive Officer

Strategic hire underscores Pico’s commitment to being the market leader in financial technology infrastructure provision and analytics.

April 1st, 2020
Pico Advances Global Buildout Joining Japan Exchange Group Co-Location Ecosystem

Pico will offer ultra-low latency access to JPX trading platforms and exchange market data.

February 26th, 2020
Pico Named Best Managed Service for Trading and Best Trading Infrastructure Monitoring Platform in TradingTech Insight 2020 Awards

Pico has won the “Best Managed Service for Trading” and “Best Trading Infrastructure Monitoring Platform” titles in A-Team Group’s 2020 TradingTech Insight Awards.

December 4th, 2019
Nomura Expands Pico Relationship to Accelerate Growth of Global FX and Rates Businesses

Nomura has selected Pico to build, host and manage a new platform supporting its latest innovation programs in foreign exchange (FX) and rates trading businesses.

November 13th, 2019
Singapore-based EDBI Named as Pico Investor and Strategic Partner

Pico will benefit from the fund’s strong regional expertise and value creation abilities to propel its Asia Pacific growth.

October 8th, 2019
Pico Introduces First Pure Optical Backbone Network Connecting Key Financial Market Data Centers in New Jersey

Capable of delivering up to 10Tbps of backbone capacity and 100Gbps of client access capacity.

October 1st, 2019
Pico Announces New Managed Hosting Services at Borsa Italiana

Delivering low-latency hosting services with direct connectivity in the exchange colocation facility.

September 17th, 2019
Pico Appoints Former ITG CEO, Francis J. Troise, to its Board of Directors

Role to support Pico as it accelerates and leads the next phase of transformation in capital markets technology services sector

August 28th, 2019
Singapore Exchange (SGX) Strategic Partner Pico to Strike the Daily Securities Market Opening Gong

Celebrating 10 years of Pico and 20 years of SGX.

July 9th, 2019
Pico to Acquire Corvil, Creating the New Benchmark for Technology Services in Financial Markets

Combines world-class providers of Infrastructure-as-a-Service and real-time performance analytics to unlock a new era of transparent and on-demand global fintech services.

June 25th, 2019
Seed CX Selects Corvil to Deliver "Institutional Grade" Order Intelligence and System Monitoring

Corvil’s complete visibility into order execution enables robust service and client experience.

June 18th, 2019
Pico Names Emma Wheeler New Chief Commercial Officer, EMEA

Emma Wheeler appointed Pico’s Chief Commercial Officer for Europe, the Middle East and Africa (EMEA).

June 13th, 2019
Pico Wins TradingTech Insight 2019 Awards in Best Managed Services for Trading Category

Winners of the TradingTech Insight North America Awards were announced during a ceremony following A-Team’s prestigious TradingTech Summit in New York on June 11th, 2019.

June 5th, 2019
Corvil Announces New High-Performance Infrastructure Monitoring and Analytics Appliance

Corvil 9000 delivers best-in-class visibility and intelligence for the next wave of trading infrastructures’ speed, transparency, and compliance demands.

June 4th, 2019
Pico Launches Low-Latency Global Connectivity Ring, Expanding PicoNet to the World’s Major Financial Data Centers

PicoNet is Pico’s private, proprietary network that enables clients to excel in today’s competitive markets by providing low-latency and reliable connectivity to hundreds of liquidity sources, information providers and counterparties.

May 30th, 2019
Corvil Intelligence Hub Named “Most Innovative New Product” in the Technical Analyst Awards 2019

Firm’s AI-powered analytics recognized for advancing how capital markets see, manage, and improve the quality of execution, client experience, risk and operations.

May 22nd, 2019
Pico Wins “Best Low-Latency Data/Technology Provider” at 2019 Inside Market Data/Inside Reference Data Awards

Pico Wins “Best Low-Latency Data/Technology Provider” at 2019 Inside Market Data/Inside Reference Data Awards

May 7th, 2019
Pico Continues Global Expansion with New Co-Lo Facility and Direct Connectivity to Hong Kong Exchanges and Clearing

Pico continues global expansion with new co-lo facility and direct connectivity to Hong Kong Exchanges and Clearing

April 26th, 2019
Corvil Named Best Trading Infrastructure Analytics in Markets Choice Awards 2019

Firm’s advancements in analytics that power superior trade execution recognized in prestigious industry awards.

April 25th, 2019
Corvil Achieves Advanced Technology Partner Status in the Amazon Web Services Partner Network

Alliance affirms Corvil’s commitment to continued innovation that extends the breadth of its analytics solutions to customers pursuing hybrid and cloud strategies including AWS..

April 4th, 2019
Corvil Scoops Two FinTech Breakthrough Awards for Innovation in Financial Markets Analytics

Awards recognize firm’s leadership in analytics and intelligence that is serving performance advantage to financial markets.

March 21st, 2019
Greenwich Associates Finds Buy-Side's Expanded Use of Trade Performance Analysis Tools is Eclipsing Client-Broker Loyalty

New research underscores the increasing role of execution quality analysis in capturing and retaining trade flow.

March 12th, 2019
Pico Extends Global Buildout with Strategic New Hires, Additional Offices and Increased Data Center Presence in Asia Pacific (APAC)

Pico Extends Global Buildout with Strategic New Hires, Additional Offices and Increased Data Center Presence in Asia Pacific (APAC).

February 28th, 2019
Industry Names Corvil Best Trading Infrastructure Monitoring Platform

Award reinforces firm’s leadership in providing a performance advantage to financial markets.

January 24th, 2019
Pico Appoints Jason Emerson as Chief Operating Officer

Pico Appoints Jason Emerson as Chief Operating Officer

December 12th, 2018
FlexTrade Elevates Client Experience with Corvil

Corvil’s advanced network analytics helping to deliver more flexible and efficient customer-centric service delivery and operations.

September 26th, 2018
Flow Traders Taps into Corvil’s Predictive Analytics to Simplify Intraday Risk Management

Corvil’s AI-powered Intelligence Hub providing live insight for effective and efficient management of Order-to-Transaction Ratio (OTR) compliance.

September 12th, 2018
Allston Trading Advances Innovation and Execution with Corvil

Corvil’s real-time visibility and insight deliver greater efficiencies and trading outcomes.

September 7th, 2018
Corvil Named Leader in Software Reviews’ 2018 Network Monitoring Data Quadrant

Users rank Corvil first overall for product features & satisfaction and vendor experience & capabilities.