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> TECHNOLOGY > COMMUNICATIONS
BT expands
BT Radianz Proximity Solution hosting services
ConvergenceAsia staff
11/05/2010
Communications
solutions and services provider BT will be expanding its BT Radianz
Proximity Solution hosting services in Singapore. The Singapore hosting
facility is managed and operated by StarHub, BT’s telecom partner for access
services in Singapore.
The new facility doubles the BT Radianz Proximity Hosting floor space and
available power is increased three-fold. The expanded BT facility increases
the hosting capacity to accommodate more electronic trading applications,
and provides the scalability to cope with increasing demands. It also
accommodates the specialised infrastructure to connect with existing and
anticipated Alternative Execution venues in Singapore.
The BT Radianz Proximity Solution combines fully-managed hosting facilities
with low-latency connectivity, providing high-speed access to exchanges and
other trading venues. BT’s solution places customers’ servers close to
execution venues, supporting traders’ increasing requirements for faster
trade execution speed and direct access to trading venues.
Additionally, the BT Radianz Proximity Solution is part of the BT Radianz
shared market infrastructure, which supports the world largest, secure
networked financial services community and interlinks over 400 application
service providers with over 14,000 customer locations around the world.
Andy Nicholson, vice president global banking & financial markets, BT, said
that increasingly, market participants - be they banks, brokers, investment
managers, or market data providers - need to be at the forefront of network
technology, but recognise that BT is already there and can deliver the
leading-edge solutions that they need.
“The BT Radianz Proximity Solution enables BT to offer new services to meet
the needs of a market that is aggressively pursuing low-latency trading
across multiple trading venues, both domestically and internationally,” he
said.
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