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TechTrade | 22 Mar 2012 :  BT and the Irish Stock Exchange (ISE) today announced that market data from the ISE is now accessible to the 15,000+ global member sites in the BT Radianz Cloud.

The BT Radianz Cloud is the world's largest secure networked financial services community that enables global financial markets participants to exchange market information, trade with each other and clear and settle transactions. Its community of banks, broker-dealers, investment managers and hedge funds will benefit from fast, cost-effective access to a broad set of new debt and investment fund data from the ISE. This includes trade information in relation to Irish Government bonds and treasury bills and security reference information for over 21,000 debt and 7,400 investment fund instruments listed on the ISE's markets.

Mark Scully, head of information technology, Irish Stock Exchange, said: "The BT Radianz Cloud offers us an additional distribution channel, and will deliver to its huge community of users access to ISE bond and fund data, which covers over 4,000 international debt and investment fund issuers from 45 countries around the globe."

Shay Walsh, managing director of business, BT Ireland (pictured), said: "The BT Radianz Cloud is an example of the global scale of the services available to Irish business on BT's network. The decision of the ISE to join this community will allow it to benefit from the reach and security of the BT Radianz Cloud infrastructure. Dublin's position as a hub for the worldwide financial services sector is underlined and strengthened by this relationship."

TechCentral Reporters