Customers can access multiple sets of data from a single source, optimising costs
New York, London – April 19, 2018 – BT announced today that SuperFeed, a fully-managed market data feed designed and operated by trading and market access technology provider Vela, can be accessed via the BT Radianz Cloud, one of the world’s largest secure financial markets cloud communities.
SuperFeed offers customers a single source for data feeds spanning 100 global venues including BME, Cboe, CME, CTA, Deutsche Börse, Euronext, Istanbul, LSE, Moscow, Nasdaq, NYSE, OPRA, Tel Aviv and many others. It is hosted by Vela and delivered as a managed service via the Radianz Cloud, meaning customers do not require investment in their own back-office infrastructure. SuperFeed is fully compatible with Vela's existing enterprise software which enables customers to design bespoke systems to meet their unique business requirements.
The Radianz Cloud is a community of thousands of brokers, institutions, exchanges and clearing and settlement houses. Through a single, resilient and secure network connection engineered for the exacting demands of the financial markets industry, members can reliably access thousands of applications and services from more than 400 providers critical to the every-day running of the global financial sector.
David Payne, managing director, Radianz Services, BT, said: “Customers accessing Vela’s SuperFeed via our highly-secure and resilient Radianz Cloud can benefit from lower costs and reduced operational risk. At the same time, Vela benefits from a ready-made market place with thousands of clients in the capital markets ecosystem as it drives for growth for its managed services business. This is a great example of how both customers and providers can benefit from joining the Radianz Cloud community with high-performance service, accessibility and choice.”
Ollie Cadman, head of business operations, Vela, commented: “Vela’s SuperFeed is designed to simplify and speed up clients’ access to data via a single source. This eliminates the need for clients to directly source various, disparate market data feeds as well as alleviate the ongoing mandated overheads of managing the infrastructure and exchange-driven changes. By joining the BT Radianz Cloud community, Vela’s market data feed clients gain access to a range of connectivity and hosting solutions from one of the world’s largest secure networked financial communities.”
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For further information
Enquiries about this news release should be made to the BT Group Newsroom on its 24-hour number: 020 7356 5369. From outside the UK dial + 44 20 7356 5369. All news releases can be accessed on our web site.
About BT Radianz Services
BT Radianz Services are designed specifically for the global financial markets. They include connectivity and hosting services between and within global trading venues. The BT Radianz Cloud platform supports one of the world’s largest secure networked financial communities offering access to thousands of applications and services from more than 400 providers.
For more information, visit https://www.globalservices.bt.com/uk/en/products/radianz
Vela is a leading independent provider of trading and market access technology for global multi-asset electronic trading. Our software enables clients to successfully execute on their trading strategies and manage risk across multiple fragmented markets, liquidity pools and data sources. We help firms successfully differentiate and innovate in an ever-changing, increasingly-regulated and fiercely-competitive landscape, whilst also reducing total cost of ownership.
Vela’s ticker plant, execution gateways, trading platform, and risk and analytics software deliver a unique, ultra-low latency technology stack for electronic low-touch and Direct Market Access (DMA) execution and pricing. We leverage the latest innovations in technology to deliver cutting-edge performance, features and reliability. Our modular stack is accessed through a single set of trading, data and risk APIs and can be delivered as-a-Service from multiple co-location data centres globally.
With access to more than 200 venues, Vela provides global coverage across all major asset classes. Clients are supported by an award-winning team of technical and business experts available 24x7 from our multiple offices in the US, Europe, and Asia. Vela’s clients include traders, market makers, brokers, banks, investment firms, exchanges, and other market participants.
Visit us at www.tradevela.com. Follow us on Twitter @TradeVela.
BT’s purpose is to use the power of communications to make a better world. It is one of the world’s leading providers of communications services and solutions, serving customers in 180 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to its customers for use at home, at work and on the move; broadband, TV and internet products and services; and converged fixed-mobile products and services. BT consists of six customer-facing lines of business: Consumer, EE, Business and Public Sector, Global Services, Wholesale and Ventures, and Openreach.
For the year ended 31 March 2017, BT Group’s reported revenue was £24,062m with reported profit before taxation of £2,354m.
British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York.
For more information, visit www.btplc.com