Financial experts 'want fast, web-based data access'
Tuesday 21st April 2009, by Daniel King
Business users and people working in the financial sector require fast web-based systems and connections - and the market is responding to this accordingly, according to one expert.
A spokesman for BT said this week that it was clear that people - and in particular professionals and companies - were investing in broadband systems offer them the very best in new data technology.
Andy Nicholson, vice-president of global banking and financial markets at the telecommunications group, said there was a great demand for the best possible connection to the financial markets and providers had responded raising the bar.
"Connectivity speed is now, more than ever, a critical factor for all major market centres across the globe," he added.
Mr Nicholson's comments came as it emerged BT had expanded its Radianz Ultra Access solution in London - offering its clients sub-one millisecond access to market data from the likes of Turquoise, Chi-X Europe and BATS Europe.
"BT is confident in its ability to enhance the electronic trading environment through Radianz Ultra Access and provide users in London with a necessary competitive advantage," he added.
The system allows those in the financial industry rapid and accurate access to market data. It is hoped the offering will be rolled out to a number of other key European locations later on in the year.
BT recently announced the launch of a new business bundle that would allow users access to broadband internet and telephone calls to landlines, mobiles and international areas for £30 per month.
Categories: Broadband Products, BT






















