Telstra enhances bond with financial community with new trading platform

Telstra has responded to the financial trading industry's call for low latency bandwidth with its new Global Financial Trading Solutions service set.

Through this new service set, Telstra will offer a low latency trading network and a suite of managed services, including server infrastructure in financial hubs, managed cloud and global unified communications.

The new service will provide two main elements.

First, it will offer latency connectivity links between major financial hubs including London, Chicago, New York, Tokyo, Hong Kong, Singapore and Sydney.

"By co-locating core trading infrastructure inside the exchange or at high-density data centres connected via low latency networks, Telstra's Global Financial Trading Solution helps reduce IT complexity and the time it takes to complete each trade," said Matthew Lempriere, head of Financial Services Market Segment, Global Enterprise & Services for Telstra, in a release. "With lower trading times and faster access to market data, our customers are in a better position to capitalise on arbitrage opportunities and increase their profitability at the same time."

Second, it will also offer four additional cloud-based services: managed hosting for trading; managed electronic trading platform; managed cloud for financial application; and managed unified trader voice.

Financial trading is just one of many vertical segments where Telstra is developing specialized service sets. In November 2014, the service provider announced plans to build a cloud-based environment targeting the needs of Australia's federal, state and local government agencies, for example.

For more:
- see the release

Related articles:
Telstra taps into government cloud opportunity
Telstra boosts strategic enterprise product push with Bridge Point acquisition
Telstra makes investment in transaction management company DocuSign
Telstra goes global with its cloud-based Unified Communications service
Telstra establishes U.S. cloud service presence

Suggested Articles

Customers want SD-WAN services, but they are confused by the Baskin-Robbins-like flavors that are available today, according to a Comcast executive.

Advantech announced on Tuesday that it made a new addition to its portfolio of appliances qualified by Versa Networks.

Through a new partnership, Wind River is working with Dell EMC on virtual RAN (vRAN) infrastructure use cases for 5G networks.