Waters Rankings 2017: Best Network Provider—BT
BT's expansion of its Radianz Cloud suite brings the company it's third Best Network Provider award.
“It’s an endorsement of our strategy, most particularly an endorsement from clients, not just on what we’re doing but how we’re doing it,” Woodman says. “It also gives us a good indicator of what we actually should do more of in order to move forward and keep ahead of the curve.”
BT has expanded its reach to customers over the past few years by deploying its full fabric network to additional datacenters. Before 2016, BT had the full network in around 10 centers and has since doubled that number to more than 20.
“Before 2016, our infrastructure was very simple and was really about getting customers in and out of datacenters to others in our ecosystem,” Woodman says. “Making the datacenters the core of our infrastructure, and increasing the scope of what we can offer customers within and around these datacenters, allows clients to drive simplicity and cost reduction.”
Radianz Cloud provides an application environment for financial services firms to interact with clients at a faster pace than might otherwise be possible. Woodman notes that speed-to-market and network reliability are the most important concerns of many of its capital markets customers, and the company has worked to meet those demands—the expanded reach in datacenters provides the network capability to distribute applications quickly, particularly for financial technology firms that want to reach a wider audience.
“With the number of fintech companies using public clouds, we’ve seen that when they actually come to a more managed environment, a lot of our customers have seen an increase in trade activity as a result of the reliability we can give them,” Woodman says. “What’s coming clear to us is latency is becoming less of a differentiator because everyone’s had to improve their overall game in that space. Our customers are starting to say that while they expect really good (minimal) latency, they are increasingly focused on reliability and market-relevant reach.”
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Witad Awards 2024: Technology innovator of the year (end-user)—Laura Hamilton, Bank of America
Laura Hamilton, global head of corporate treasury, credit risk, climate risk, and financial forecasting technology at Bank of America, wins technology innovator of the year (end-user) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Vendor professional of the year (data and operations)—Joanna Davies, OSTTRA
Joanna Davies, head of trade processing at OSTTRA, wins vendor professional of the year (data and operations) in the 2024 Women in Technology and Data Awards.
Sell-Side Technology Awards 2024: Best sell-side front-office platform—Bloomberg
Product: Bloomberg TOMS
Sell-Side Technology Awards 2024: All the winners
Here are all 31 category winners from the 2024 Sell-Side Technology Awards.
Most read
- Sell-Side Technology Awards 2024: All the winners
- Sell-Side Technology Awards 2024: Best sell-side front-office platform—Bloomberg
- Systematic tools gain favor in fixed income