GlobeOp Financial Services is to use Radianz's global financial extranet, RadianzNet, to provide clients in the US and Europe with secure network access to its middle and back office hedge fund management system.
Thomas Deegan, head of technology and a founding partner of GlobeOp, says the firm needed a network provider that can support its future growth.
"We will benefit from being able to quickly leverage Radianz's existing connectivity in financial markets worldwide for network links to institutions that want to use our service," says Deegan.
The Radianz network provides users with secure access to a range of online applications that provide the data, analysis, execution, clearing and settlement tools needed across the entire trading process.