ArabianBusiness.com - Middle East Business News
Monday, 09 November 2009 02:06 UAE time

YOUR DIRECTORY /

| Share |

Radianz connects GCC traders

by ArabianBusiness.com staff writer  on Thursday, 06 December 2007

Etisalat and BT (British Telecom) have launched BT's Radianz trading services in the UAE.

In cooperation with Etisalat, BT will establish a platform that distributes services from the UAE exchanges to BT clients connected to the Radianz Shared Market Infrastructure.

The portfolio of services will provide financial institutions from around the world with connectivity to institutions and trading platforms in the Gulf region.

Story continues below
advertisement

Previously, connecting to the Gulf region has presented operational challenges involving complex installations and significant investment.

François Barrault, CEO of BT Global Services, said: "BT is very happy to have the opportunity to increase its investment in the United Arab Emirates as it demonstrates its ongoing commitment to the financial markets. The launch of Radianz Services in the UAE will act as a catalyst for future investment in the Middle East.

"The service capitalises on the UAE's role as a liquidity hub for the Gulf and the increasing number of exchanges trading securities, commodities and energy products. Etisalat represents an excellent partner to introduce our Radianz Services to financial companies in the UAE."

The BT Radianz platform supports 10,400 financial sites around the world, providing traders with connectivity to more than 550 applications from 255 of the world's leading financial content and service providers, including the top 10 global stock exchanges, the top 50 global broker-dealers, and 48 of the top 50 global asset managers.

The Radianz Shared Market Infrastructure is designed to offer low latency access to market data, trade execution and trade cycle applications and services.

Abdullah Hashim, vice president, marketing - enterprise services, Etisalat, said: "Etisalat understands the need and value of end-to-end solutions based on well-known industry standards."

He added: "The partnership with BT to extend Radianz Shared Market Infrastructure is yet another initiative towards this direction and reflects our commitment to satisfying the requirements of the financial community.

"The Radianz offering will take advantage of Etisalat's leading-edge network infrastructure and leveraging BT's global community of financial institutions and service providers to offer international connectivity for this specialised segment in the UAE."

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

From  Current Issue

SHARE PRICE CHECK

more » MIDDLE EAST MARKETS DATA

ETISALAT.ADX

Last Price:

11.50

0.000.00%

8 Nov 2009 09:59 GMT
(Market Closed)

RELATED LINKS

  1. Emirates Telecommunications Corporation (Etisalat)»

 EMAIL ALERTS

  1. Emirates Telecommunications Corporation (Etisalat)

  2. Technology


CURRENCY CONVERTOR

Tell us your story

READER COMMENTS

  1. The tipping scandal 13
    08 Nov ' 09 at 16:32
    Steve you are 100% right. Managers and bosses have no right to use tip money for any other purpose than todistribute it to the staff...   More  »
  2. The party's just beginning 10
    08 Nov ' 09 at 18:31
    The recession may be coming to an end, but my guess is that there is no party in sight, just a depression! The typical line i hear in...   More  »
  3. Al Habtoor chief upbeat on Dubai future 08
    08 Nov ' 09 at 20:55
    I agree with Mr Khalafs comments, yesterday is gone,tomorrow nobody seen, what he is expecting beyound tomorow ,is his positive...   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM