On Tuesday, BT, a provider of converged trading communications, announced that it has expanded its efforts in Asia with the addition of CNCB to its list of customers across the region. CNCB, a national commercial bank in China, will leverage BT’s converged trading communications solutions.
As part of the deal, CNCB will deploy BT’s trading technology across its foreign exchange, money markets and bond trading desks in Beijing. Components of the deal include, BT’s ITS.Netrix, a trading turret that offers multi-media support for voice, video and data giving front office trading staff command of all communication channels. ITS Anywhere, an application that enables access to the ITS platform from a range of devices (IP and mobile phones, Blackberry and the web) and digital voice recording, a functionality embedded into ITS.Netrix that enables full replay of all conversations directly from the turret.
“The ITS platform offers us the ability to communicate via ‘voice over internet protocol’ (VoIP), traditional TDM connectivity or both at the same time. This solution coupled with ITS.Netrix and ITS Anywhere will enable our traders to maintain a market leading position, while staying connected even when away from the desk. Moreover, as our markets continue to evolve, BT has provided us with a solution that can be upgraded in a phased approach without being disruptive to our traders or business,” says the chief dealer of CNCB.