Radianz – the electronic network set up by Reuters and Equant in June 2000- says that over half of the client locations Reuters acquired from Bridge Information Systems have migrated to RadianzNet, Radianz’s global financial extranet. The vast majority of Reuters products – including Reuters Plus, Reuters 3000Xtra and Reuters BridgeStation – are now available for delivery in the United States using RadianzNet. Migration of the remaining client locations continues.
“A key element of Reuters product delivery strategy is to use one advanced IP network to deliver all of our products and services to customers worldwide,” explains Graham Albutt, president, Reuters Business Programs. “RadianzNet is that network because it is optimized for financial use, is connected to a large global financial community and is designed to enable institutions to use one secure and resilient connection to receive a variety of data and services from Reuters.”
Over a hundred providers use RadianzNet to distribute content and applications to financial institutions around the world, including ECNs, OTC market makers and stock and equities derivatives exchanges.
“The migration of the Bridge customers to RadianzNet means even more institutions will be using Radianz’s extranet for financial e-commerce.,” concludes Doug Gilstrap, CEO of Radianz. “As a result, Radianz’s global financial community will continue to grow, giving current and new customers the ability to use their RadianzNet connection to access a greater array of electronic services and content.”