Tullett Prebon inks Orange Business Services voice trading deal

Source: Orange Business Services - Trading Solutions

Orange Business Services - Trading Solutions, leader in unified communications for the trading community, has confirmed today that Tullett Prebon, one of the largest Inter Dealer Brokers (IDB) signed a global agreement for the supply and support of certain voice and data network services.

The deal will link Tullett Prebon's US, European, and Asian trading rooms via the Etrali Trading Network (ETN), supplying voice and data services and providing the highest voice quality, fail-over redundancy, and alternate routing capabilities.

Tullett Prebon is a leading voice and electronic IDB and acts as an intermediary in wholesale financial markets, facilitating the trading activities of its clients, in particular commercial and investment banks. In certain product areas the customer base also includes financial institutions and other professional investors.

Tullett Prebon is already a client of Orange Business Services - Trading Solutions in Asia and Europe. In May 2007 Tullett Prebon issued an RFP for domestic and international voice trading lines. The dual requirement was to consolidate the service provisioning of voice services to a limited number of preferred suppliers and to find a viable alternatives to its existing US suppliers. Tullett Prebon was looking for partners that were able to provide the most sophisticated technology and the best support and service level agreements, combined with consistent global pricing and discount schedules. It was important to choose a company that had the experience and ability to provide a global service, while having in-depth local expertise.

John Del Vecchio, CTO at Tullett Prebon, says: "We have set very exacting standards and high expectations for our suppliers. Having worked with Orange Business Services - Trading Solutions in our European and Asian operations we knew that they could fulfil our requirements and provide the level of service and support that we expect. Their expertise and professionalism gives us confidence in our mission critical communications and trading infrastructure."

Orange Business Services - Trading Solutions is the largest voice network supplier outside of North America and the only provider of turrets to offer a fully integrated trading network dedicated to the financial industry. The Etrali Trading Network (ETN) allows detailed real-time monitoring of traffic on the network which can be reported on a global basis; new services can be added quickly, easily, and cost-effectively.

"We are delighted to have been chosen as a global provider of trading voice solutions by Tullett Prebon, and to further our strategic partnership. This is a significant step for us as the deal underlines our commitment to extend our US coverage and worldwide community. The North American market is very receptive to a truly global network supplier. As part of the France Telecom Group we are uniquely positioned to provide the highest quality domestic and international voice lines, data services and low latency connectivity," comments Frederic Blanc, VP Strategic Projects, Orange Business Services - Trading Solutions.

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