Royalblue is to use the IXnet financial extranet for its fidessaNet equity transaction service.
FidessaNet hosts a suite of front and back office applications combined with an execution network for sell side firms trading on the equity markets.
Under the agreement, IXnet will connect royalblue’s application hosting centres in London and New York, as well as connect royalblue’s customers to its global extranet. IXnet will also provide access to royalblue’s disaster recovery site.
Chris Aspinwall, chief executive, royalblue Financial, explains: “We can concentrate on delivering the functionality and market connectivity our customers need whilst IXnet handles the complexity of running a resilient global network."