Bank Julius Baer deploys BT's voice technology in trading rooms

Source: BT

BT, a leading provider of converged trading communications, announced today that it has successfully installed more than 200 ITS.Netrix trading turrets and the associated ITS Management Suite at Bank Julius Baer & Co. Ltd, Switzerland's leading dedicated wealth manager.

The solution was delivered in partnership with Swisscom and provides the Bank Julius Baer with a voice trading platform that sets a standard for the bank's international trading operations.

On-site management and implementation of the platform has already taken place in Singapore, Zurich and Geneva, with all three locations fully operational in July 2007. The next planned location is New York City. Bank Julius Baer will benefit from an advanced and customisable trading floor strategy that will enable them to capitalise on BT technology in order to further enhance their wealth management capabilities.

Juerg Blattner, Managing Director Senior Advisor, Bank Julius Baer, said, "Having considered a number of potential trading technology offerings, it was commonly agreed that BT was the right choice to meet the tough demands of our business. From the start we made sure this was a decision made jointly by our IT team and the traders. BT's ability to provide a clear and consistent trading technology strategy and vision were key factors in the selection process. We were pleased with BT's project management which gave us great faith in their ability to deliver on time and to budget. As the Bank continues to develop a specialized range of products and services for its clients, we look forward to working further with BT in order to facilitate our future business growth."

Phil Mottram, Managing Director, Trading Systems, BT Global Financial Services, said: "The addition of Bank Julius Baer to our growing list of global customers lends tremendous credibility to our strategy and approach in the trading room. We take pride in our ability to offer the market a variety of solutions tailor-made to meet customer demands in the trading room and across the enterprise. Bank Julius Baer is an innovative leader in the private banking industry and we are thrilled they selected BT as their trading room partner."

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