BT has today announced an agreement with Prime Tass, a leading Russian business news agency, to make the Prime Tass service available to financial institutions via the BT Radianz Shared Market Infrastructure.
Through this agreement, Prime TASS will be able to connect to over 14,000 customer locations that are already members of the BT Radianz community, enabling Prime TASS to provide leading business news and intelligence gathering and analysis to an increased number of financial services institutions globally.
Using the BT Radianz managed infrastructure, Prime TASS will streamline its current approach of numerous separately-routed connections and consolidate its delivery onto a single, redundant infrastructure, resulting in greater market reach, improved scalability, increased reliability and simplified management.
"BT's dedicated financial services infrastructure is a powerful means of distribution that will reduce our time to market and bring a tremendous new pool of potential clients to Prime TASS," said Oleg Ananyev, Director of Prime TASS. "Being part of the BT Radianz community, we can now offer both existing and future clients the highest performance and most secure means of accessing our services from around the world. Our clients who are already members of the BT Radianz community will experience faster implementation of our solution and a totally secure, 'always-on' environment."
Andy Nicholson, vice president global banking & financial markets, BT, said: "The addition of Prime TASS to our growing list of service providers in Russia is a great opportunity for us to facilitate the access to and distribution of vital market information coming out of the region.
"As the Russian market grows and the need from the international financial sector increases for greater and more accurate data from this market, it becomes even more important for market infrastructures to be part of the BT Radianz community, facilitating an environment that enables financial institutions and information providers to create visibility and transparency and encouraging investment in their markets."