BT, provider of converged trading communications, has further expanded its efforts in Asia with the addition of CNCB to its list of customers across the region.
CNCB, a large transnational conglomerate, which listed in A&H share market on April 27th 2007, will leverage BT’s converged trading communications solutions. CNCB will deploy BT’s trading technology across its foreign exchange, money markets and bond trading desks in Beijing.
“The ITS platform offers us the unique ability to communicate via Voice over Internet Protocol (VoIP), traditional TDM connectivity or both at the same time,” says the chief dealer of CNCB. “This solution coupled with ITS.Netrix and ITS Anywhere will enable our traders to stay connected even when away from the desk. Moreover, BT has provided us with a solution that can be upgraded in a phased approach without being disruptive to our traders or business.”
“As the stock markets in Asia continue to mature, there is a growing need for enhanced voice-based trading technology for banks to maintain the competitive edge,” says Dan Moran, General Manager, Trading Systems North East Asia, BT Global Financial Services. “It is a great opportunity for us to work with CNCB in Beijing, especially as we continue to fortify our position in China, which is fast becoming one of the most competitive financial centers across the globe.”