RTS Realtime Systems Group has signed a contract to use Radianz’s market infrastructure, RadianzNet, to distribute its new RTD Connect product to financial professionals worldwide.
Radianz says RTD Connect enables proprietary traders, brokers, day traders, and hedge funds to trade on the world financial markets without individual exchange memberships, using a receiving broker or investment bank. Exchange members can act as a receiving broker for several exchanges and provide other RTS customers a secure, reliable and fast means to trade on those markets.
“Our agreement to use RadianzNet is a major milestone in the launch of RTD Connect that will enable us to offer new opportunities and choice for our common customers in terms of order routing and trading networks, as compared to existing solutions,” says Steffen Gemuenden, member of the Board at RTS. “One of the key reasons we chose Radianz is RadianzNet is connected to nearly 10,000 financial services sites around the world, including many that we see as customers for RTD Connect.”
Michael Haney, senior analyst with Boston-based research and advisory firm Celent, adds: “Once again, Radianz has demonstrated its power to quickly and cost-effectively provide access to content, functionality and, most importantly, its massive base of financial services customer sites worldwide, including banks, brokerages, asset managers, fund managers, and more. By offering access to the new RTD Connect product from RTS, Radianz continues to extend its set of available offerings with another industry-leading solution. Europe owes its highly automated and electronic financial markets environment in large part to forward-looking technology providers like RTS. As a result of RTS’ agreement with Radianz, many firms that were previously unable to reach Europe’s markets and beyond will gain access to them.”
RTS’ customers can use the existing infrastructure of RadianzNet to link to RTD Connect. RadianzNet is the leading fully-managed, global financial extranet that is used today by nearly 120 providers of financial services, including RTS, to distribute mission-critical applications to 10,000 financial services sites around the world.
RTS Realtime Systems Group is an independent software vendor with local sales and support offices in Amsterdam, Chicago, Frankfurt, London, New York, Paris, Sydney, and a logo partner in Athens. RTS provides electronic trading software for futures, options and equity traders. In business since 1992, its is a privately held company.