European market data platform Traderforce is to use Radianz's global financial extranet RadianzNet to provide firms with IP connectivity to its electronic data service.
Traderforce says BNP Paribas will be the first institution to be linked to its market data service via RadianzNet.
Jean-Michel Blanco, chairman and CEO of Traderforce, says: "RadianzNet is a global network already connected to most of the financial institutions that want to use our service.
"As such, it is far more efficient from the perspective of cost and time to use this existing connectivity to reach our targeted customers," he adds.