BT is working with Hong Kong Exchanges and Clearing Limited (HKEx) to offer BT Radianz Venue to customers hosted at the exchange’s planned new data centre.
This new suite of services will offer fully-managed hosting capabilities, low latency and interconnectivity between global trading venues to HKEx customers.
BT, a founding member for the launch of HKEx hosting ecosystem, will offer its full portfolio of BT Radianz services at the next generation data centre.
The addition of BT Radianz Venue complements BT’s existing managed hosting capabilities available in major Asia-Pacific financial services hubs, including Sydney, Hong Kong, Tokyo and Singapore.
BT’s press release said:
Institutions opting for fully-managed services can benefit from cost-savings when compared to an in-house solution because of a reduction in the need for investment in infrastructure and equipment.
Ryan Wuebbels, head of relationship management at HKEx, said: “BT’s expertise in the financial services market is helping us to create a next generation data centre for cash, derivatives and clearing which will increase liquidity and trading in Hong Kong’s markets and generate new revenue streams for the exchange. This gives us access to a new and more diverse customer base with the likely addition of buy-side firms, banks and brokers, market data vendors and providers of post-trade services.”
Tom Regent, president, global banking & financial markets and sales & marketing, BT Global Services, said customers would be able “to leverage the ultra low-latency connectivity of our underlying network to gain greater speed to market and better performance.”
BT Radianz Venue comprises three services designed to help customers address the challenges of liquidity, fragmentation and new trading opportunities, namely:
BT Radianz Venue Access: for connectivity to the BT Radianz Cloud from 40 global non-BT data centres.
BT Radianz Venue Presence: an extension of the BT Radianz Proximity hosting proposition which allows BT to manage a client’s server and connectivity infrastructure hosted in third-party venues.
BT Radianz Venue Interconnect: a new service from BT that offers optimized latency between trading venues within the same city and between different cities, globally.