Source: BT Radianz
BT Radianz, the leading global provider of financial connectivity services, today announced it has signed an agreement with Euronext, the first cross-border exchange organisation in Europe, to provide access to its market data.
David Stopforth, Head of European Sales, BT Radianz, said: "Euronext joins more than 170 providers distributing products and services through BT Radianz to their customers around the world, further strengthening our industry-leading position in financial services. By working with leading content and service providers to increase market efficiencies, we remain dedicated to building a community exclusively for financial services – a community that already incorporates access to more than 30 major equity and equity derivatives execution venues around the world. Euronext's decision highlights our strength in providing rapid, low-latency connectivity in the equity and derivatives trading markets."
André Went, managing director of Euronext Information Services, said: "Through BT Radianz's shared market infrastructure, we can better serve our growing customer base by providing them with a simple and cost effective solution for their connectivity requirements. Importantly, this relationship helps us to distribute Euronext's market data to a vastly expanded addressable market, particularly in the U.S. and Asia."
The BT Radianz community consists of more than 10,000 financial services customers, most of which use its fast, secure and highly reliable connection to access execution venues worldwide. As a result of this agreement, BT Radianz customers can be given access to Euronext market data quickly and will also be able to upgrade rapidly to cope with increased growth cycles in market data rates.
Separately, BT Radianz, the leading global provider of financial services connectivity, today announced that IS.Teledata will make available its IS.Slider financial terminal solution to the more than 10,000 financial services sites on the BT Radianz network.
IS.Teledata is Europe's largest provider of customizable financial market information systems for banks, asset managers, online brokers and media portals. It becomes the 87th European-based financial services provider to distribute its services over BT Radianz.
IS.Slider combines relevant information and market data in off-trading-floor, private banking and asset management, including real-time quotes, interactive charts, rankings and ratings, up-to-the-minute news, customer portfolios, and external and internal research. The financial terminal provides a combination of high-quality market information and sophisticated functionality making aggregated data easy to use and facilitates the rapid and efficient completion of tasks by combining recurring processes in a single solution.
Jens Quadbeck, Director, Marketing & Product Management at IS.Teledata, said: "BT Radianz appealed to us because of its financial services focus and its global reach. Moreover, many of our customers, as well as prospects, already use BT Radianz, which makes its shared market infrastructure a perfect solution for us to reach our customers and expand our client base."
David Stopforth, Sales Director, Europe, at BT Radianz, said: "Our shared market infrastructure approach is gathering momentum in Europe and the addition of IS.Teledata to our portfolio of content Providers reaffirms our growing position in this region. Many of our European customers have been requesting access to market data from various European providers and exchanges via BT Radianz. This is a trend we have been experiencing and expect will continue, especially as stringent market regulations, such as MiFID, become a reality."