BT Links Up Foreign
is linking up the world's five main foreign exchange (FX) locations to
help boost the competitiveness of its global financial industry
customers. The company is now offering BT Radianz FX express, dedicated
high-speed links between financial hubs in the UK, US, Singapore, Japan
and Hong Kong involved in almost 77 per cent of the world's FX trading.
The new Radianz FX express service offers low-latency and
cost-effective, fully managed connectivity that will give traders faster
access to market data across the five locations, while making it easier
for them to execute trades. In an industry where delays of milliseconds
can cost millions of pounds, dollars or yen, this can make significant
differences to a firm's efficiency, profit and growth.
Radianz FX express links directly into the five key third-party global
datacentres in the FX trading world. These datacentres have been
selected by BT because they host the IT infrastructure of significant
clusters of the FX trading community in each of the locations.
Hubertus von Roenne, vice president, global industry practices, BT,
said: "Foreign exchange is the largest asset class by value traded
globally. An average of US $5.1 trillion is traded on FX markets every
day*. We've created managed BT Radianz FX express routes to boost the
competitiveness of our financial services customers. With dedicated
links within and between the world's five biggest FX trading locations,
BT can help FX firms lower costs while creating opportunities for
Radianz FX express is the latest addition to the BT Radianz portfolio of
services. This is designed and built specifically for the high-speed,
high-performance delivery of market data and trading applications.
The portfolio includes the BT Radianz Cloud - the world's largest secure
networked financial community - that offers its members access to
thousands of applications and services from more than 400 providers
critical to the everyday running of the global financial sector. The
Radianz Cloud allows fast, secure, reliable access to foreign exchange
applications and services around the world including more than 40 FX
trading venues. These venues allow financial services institutions to
trade 99 per cent of currency pairs, for example USD/EUR (US dollars to
euros), or GBP/JPY (pound sterling to yen). Furthermore, BT offers
managed hosting in more than 20 data centres globally via its BT Radianz
The investment is part of BT's 'Cloud of Clouds' portfolio strategy
aimed at helping large organisations connect easily and securely to the
applications and data they need, regardless of where they are hosted.
BT's portfolio strategy: the Cloud of Clouds
cloud is creating choices that never existed before. Through
understanding those choices comes the confidence and the ability to
harness change and do things that matter: get to market and innovate
faster, keep costs down, and keep customers happy.
BT's Cloud of Clouds portfolio strategy is about allowing customers to
connect easily and securely to the applications and data they need,
regardless of where they're hosted and where they are based.
As a cloud service integrator, we help customers move confidently and
successfully along their cloud journey whilst minimising the complexity,
risk and cost; to give them a choice of roadmaps that work for their
organisation, in a way that will deliver the results they need.
We manage the whole process from network to cloud, we deal with third
parties, deliver performance and security and simplify pricing, all
under a single Service Level Agreement.