BT (NYSE: BT) is leveraging Equinix's (Nasdaq: EQIX) data centers to deliver its cloud-based Radianz Venue targeting financial-trading companies with a set of hosting and low-latency interconnectivity solutions.
Through this agreement, BT will offer Radianz Venue capabilities from Equinix's data centers. BT's move adds 10 financial ecosystems to its Radianz footprint across North America, EMEA and Asia Pacific.
BT Radianz Venue will offer three low latency products:
- BT Radianz Venue Access: connectivity to the BT Radianz cloud from 40 non-BT centers, including Equinix and other data center players in the three continents it will initially serve.
- BT Radianz Venue Presence: an extension of the BT Radianz Proximity hosting proposition, BT Radianz Venue Presence that enables BT to manage a client's server and connectivity infrastructure hosted in a third-party data center.
- BT Radianz Venue Interconnect: designed to reduce network latency between trading venues within the same city and between global cities.
Tom Regent, president, Global Banking & Financial Markets and Sales & Marketing, BT Global Services, said its relationship with the data center provider will provide capabilities to both Equinix's and BT's customers.
"Customers at Equinix's global data centers can now benefit from BT's award-winning managed hosting and proximity services along with access to the BT Radianz Cloud, the world's largest networked financial community, and the option of interconnectivity to and between worldwide trading venues," he said in a release announcing the new service. "This agreement further expands the footprint of our BT Radianz Cloud portfolio and continues to build our reputation as a pioneer and a market leader in creating solutions specifically developed for the financial services industry."
Given the prohibitive cost of building out private networks, the service will likely resonate with financial trading companies that are looking to quickly expand their global scale via a single source. Through this offering, financial trading companies will be able to access BT's Radianz platform in addition to a wide host of connectivity options.
- see the release
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