Mitsui & Co. Energy selects BT to launch new trading floor
ConvergenceAsia staff
15/11/2007

Mitsui & Co. Energy Risk Management has signed an agreement with BT, a provider of converged communications, to develop their trading technology infrastructure.

As part of the deal, BT has provided Mitsui & Co. Energy with a robust, advanced trading floor strategy that will facilitate their trading activities in a more efficient and productive solution.

Akira Kamosaki, Deputy Managing Director, Mitsui & Co. Energy Risk Management (Singapore) said, “BT is helping to replicate the same successful trading environment in Singapore that we have in London and New York.”

Mitsui & Co.’s energy traders have been equipped with ITS.Netrix, BT’s latest generation multimedia desktop device, which is designed to maximise trader effectiveness and enable converged communication and collaboration across the trading room and the enterprise.

BT has worked in partnership with local telecommunication companies to deploy Mitsui’s local area network (LAN) and IP Telephony system. In addition, BT partnered with multiple suppliers to build a complete voice trading infrastructure, installation and maintenance solution leaving Mitsui & Co. free to focus on other critical aspects of its operations.

Kamosaki added, “We chose BT for their best of breed technology solution as they integrate and work remotely with our IT team in London, which gave us great confidence and trust in their ability to deliver on time and within our budget. We see our relationship with BT as a significant stepping stone in the expansion of our services across Asia Pacific.”

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