GlobeNewswire Inc | Nov 16, 2021 07:00AM EST

November 16, 2021

- Visibility and management of Pico services includes Corvil Analytics reporting on network performance -

NEW YORK, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Pico, a leading provider of mission critical technology, data and analytic services for the financial markets community, continues to realize its commitment to operational excellence with the introduction of a new client portal to support more efficient and effective client-centric service delivery, at scale.

The portal empowers clients with on-demand access to a single, secure, centralized location to interact with their Pico services. Value highlights delivered to clients via the portal include:

-- Visibility and intelligence into the current and historicalperformance of Picos infrastructure and resilient proprietary network PicoNetTM, via instrumentation and telemetry metrics gathered by Picos market leading [1] Corvil Analytics -- Tailored reportingwith daily, weekly, monthly and historical reporting on venue access network bandwidth utilization and WAN latency, providing insight to help achieve optimal performance -- Operational efficiencies through an optimized, self-service desk that streamlines the process of logging and tracking tickets, requesting additional services, as well as engaging directly with regional data center on-site staff -- Situational awareness via alerts on the operational state of Pico services, infrastructure, and connectivity as well as notifications to view and approve Pico managed changes -- Ease-of-use through a comprehensive dashboard, tools for ad-hoc file sharing between client and Pico teams, as well as the ability to manage user access and privileges

Pico is committed to exceptional delivery of client services, solutions and support and we are pleased to transition to a scalable, centralized and comprehensive platform that equips clients with greater depth of insight and control of their Pico services, said Roland Hamann, Chief Technology Officer & Head of APAC at Pico. In addition to becoming a vital resource tool for clients, weenvisage it will be a key enabler of supporting Picos growth and expansion.

The new portal builds onthe high level of service, 24/7 direct client support, and partnership that Picos global service operations team of engineers and data center management experts provide locally in each of the 47 data centers Pico operates within.

Clients cancontact their Picorepresentativetorequest accessto the portal.

Pico/AthenaOn August 4, 2021, Pico announced that it had entered into a definitive agreement for a business combination with FTAC Athena Acquisition Corp. (Nasdaq: FTAA), a special purpose acquisition company. Upon closing of the transaction, the combined company will operate as Pico. The transaction reflects a pro forma enterprise value for the combined company of approximately $1.4 billion. The business combination, which has been unanimously approved by the boards of directors of both Pico and FTAC Athena, is targeted to close in early 2022, subject to stockholder approvals and other customary closing conditions.

Notes to the editor[1] Source: Info-tech Research Group Network Monitoring Industry Scorecard 2020.

About PicoPico is a leading provider of technology services for the financial markets community. Pico provides a best-in-class portfolio of innovative, transparent, low-latency markets solutions coupled with an agile and expert service delivery model. Instant access to financial markets is provided via PicoNet, a globally comprehensive network platform instrumented natively with Corvil analytics and telemetry. Clients choose Pico when they want the freedom to move fast and create an operational edge in the fast-paced world of financial markets.

To learn more about Pico, please visit pico.net.

Media ContactPico Press Office:Isabel Daltonisabel.dalton@pico.net+353 1 859 1040