FIMAT Utilizes Radianz Proximity Solution for DMA Service in Asia

3 October 2006

BT Radianz, a leading global provider of financial services connectivity, announced today that Fimat, one of the world's largest global brokerages, is utilizing the Radianz Proximity Solution in Asia to provide low-latency direct market access (DMA) to derivatives exchanges in Korea, Singapore and Japan with plans to expand to additional geographies.

Radianz Proximity Solution provides flexibility and performance to Fimat’s e-trading strategy. The solution supports traditional screen based trading and also enables clients to host their servers near to the markets they trade. The solution frees Fimat to focus on their clients and the trading features while BT Radianz, along with its BT affiliate in Korea, is able to take responsibility for the connectivity technology and network infrastructure. This service can be implemented for BT Radianz clients within days, providing immediate, high performing and cost effective connectivity to multiple markets.

Peter Tierney, Vice President, Regional Customer Solutions, BT Radianz, said: “The stakes have risen for electronic trading in the futures and options markets. Secure, low latency connectivity is becoming a must-have as the market players develop more sophisticated trading strategies and demand direct access to liquidity pools. Futures and Options exchanges and their brokers are increasingly looking for creative ways to add value and retain competitive edge. Fimat has a very clear and aggressive vision for its services in the region and we are pleased that we can help make this vision a reality.”

Thierry Estimbre, E-Trading Asia Manager, Fimat, said: “We chose the BT Radianz solution for Fimat because it offers our clients flexibility, high performance and more importantly, scalability to accommodate future growth. Radianz Proximity Solution allows us to give our clients direct and fast access to key markets in financial hubs across Asia."

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development