BT today announced that it will be expanding its BT Radianz Proximity Solution hosting services in Singapore.
The Singapore hosting facility is managed and operated by StarHub, BT's telecom partner for access services in Singapore. The new facility doubles both the BT Radianz Proximity Hosting floor space and available power. The expanded BT facility increases the hosting capacity to accommodate more electronic trading applications, and provides the scalability to cope with increasing demands. It also accommodates the specialised infrastructure to connect with existing and anticipated Alternative Execution venues in Singapore.
The BT Radianz Proximity Solution combines fully-managed hosting facilities with low-latency connectivity, providing high-speed access to exchanges and other trading venues. BT's solution places customers' servers close to execution venues, supporting traders' increasing requirements for faster trade execution speed and direct access to trading venues. The BT Radianz Proximity Solution has the unique benefit that it also is part of the BT Radianz shared market infrastructure, which supports the world largest, secure networked financial services community and interlinks over 400 application service providers with over 14,000 customer locations around the world.
Andy Nicholson, vice president global banking & financial markets, BT, said: "Increasingly, market participants - be they banks, brokers, investment managers, or market data providers - need to be at the forefront of network technology, but recognise that BT is already there and can deliver the leading-edge solutions that they need. The BT Radianz Proximity Solution enables BT to offer new services to meet the needs of a market that is aggressively pursuing low-latency trading across multiple trading venues, both domestically and internationally"