ACTIV Financial has joined the BT Radianz Cloud in an effort to expand its customer base.
The move provides ACTIV with access to financial service institutions who consume and distribute applications and services via their Radianz Cloud connections.
Firms can now easily access ACTIV’s global real-time, multi-asset financial market data solutions via BT Radianz Services, helping them reduce cost and control operational risk.
By outsourcing connectivity to the Radianz Cloud, ACTIV can leverage BT’s international footprint to offer firms a full range of global, direct and consolidated market data feeds.
These can range from on-demand ultra-low latency feeds to large scale distribution.
Mike Misiaszek global head of sales at ACTIV Financial, said: “ACTIV continues to expand exchange coverage as investment banks, proprietary trading firms and hedge funds increasingly choose to adopt a low-latency high-value pricing feed.”
He added: “By making our services available via the BT Radianz Cloud community and its ready-made market place, the reach of our feeds will increase dramatically, helping us to grow our global exchange connectivity.”
David Payne, COO of global services UK and global banking and financial markets and managing director, Radianz, BT, said: “With a presence of more than 100 trading venues across 64 countries, the BT Radianz Cloud community offers service providers the potential to find new pools of liquidity to drive growth of their customer base and service uptake.”
He added: “The Radianz Cloud aligns with the requisite operational, technical, commercial and security practices of the financial markets making it easier for providers to deliver their services and address compliance challenges. We look forward to working with ACTIV to attract new customers that require market data services.”
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