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.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
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. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
BST Awards 2024: Best buy-side execution venue—360T
Product: 360T
Buy-Side Technology Awards 2024: All the winners and why they won
The 39 category winners of the 2024 Buy-Side Technology Awards.
BST Awards 2024: Best buy-side performance measurement and attribution product—FactSet
Product: FactSet Performance Solutions
BST Awards 2024: Best buy-side newcomer (vendor or product)—Exegy
Product: nxFramework
BST Awards 2024: Best buy-side managed data service—S&P Global Market Intelligence
Product: iLEVEL Managed Data Services
BST Awards 2024: Best portfolio accounting platform—SS&C Advent
Product: Geneva and APX