Euromoney TRADEDATA is pleased to announce it has joined the BT Radianz Cloud, one of the world’s largest secure financial markets cloud communities, as part of its strategy to expand access to its services for financial services organisations around the world.
The company, which is enhancing its range of market data services to include futures and options reference data, will now benefit from BT’s global reach, helping to grow subscriber numbers globally.
The Radianz Cloud community consists of thousands of brokers, institutions, exchanges and clearing and settlement houses. Through a single, resilient and secure BT network connection engineered for the exacting demands of the international financial markets industry, members can reliably access thousands of applications and services from more than 400 providers critical to the every-day running of the global financial sector.
It means Euromoney TRADEDATA can now offer new and existing customers convenient, secure, fast and reliable access to its latest futures and options reference data services via the same Radianz connections they already use to for other critical trading applications, helping them to reduce infrastructure costs.
Mark Woolfenden, Managing Director of Euromoney TRADEDATA, said: “Euromoney TRADEDATA recognises the future of data consumption on demand will be prevalent within community networks, as part of a suite of delivery systems required to service all parts of the market that need futures and options reference data. By joining the BT Radianz Cloud, we’ll gain access to an extensive global community of prospective customers who can add our services quickly, securely and efficiently. This is part of our distribution strategy to experiment with alternative delivery systems for our reference data and we are very pleased to be working with BT to achieve this.
“We recognise the global reach BT Radianz Cloud enjoys, supported by its experienced local presence. We look forward to working with BT to deliver a world-class customer experience in accessing and using our data services.”
Michael Woodman, Managing Director, Radianz, BT, said: “Data is the new oil driving the growth of the global financial markets industry. Without clean reference data the whole trade cycle would not work. And regulatory reference data helps firms comply with regulations such as MiFID II. The success of financial institutions is increasingly tied to their ability to access data in a timely, secure, reliable and compliant manner. By accessing Euromoney TRADEDATA over the Radianz Cloud, institutions can help ensure they have the right data at the right time to make faster, better informed decisions across their trading operations globally.”