CLSA Signs Multi-Million Dollar Contract with BT

CLSA Asia Pacific Markets has selected BT to provide a voice, compliance, trading and data systems solution. The implementation is across 14 countries in Asia-Pacific, the UK and the US.

The deal, valued at £45 million (approximately $70 million), includes professional services such as security and firewall systems, application optimization and device management.

"To deal with the complexities of today's global markets, we need to be able to adapt quickly, and scale up and down across geographies in a way that maximises our ability to seize opportunities and manage risks," says Thiyagarajah Rajah, CIO at CLSA. "Our network and applications are key enablers of such processes. We decided to gain the required efficiencies by consolidating our communications and network requirements with a single global partner. Only two or three companies in the world can do what BT does today for customers, and BT has proven itself to be the ideal partner for us as they combine market leading expertise in the needs of our sector with unique breadth and depth of network capabilities all around the world."

CLSA Asia Pacific Markets is the region's leading independent investment and brokerage firm, with Crédit Agricole as its major shareholder. As part of the deal, BT has introduced a flexible pricing model with scalability built in.