Asian brokerage CLSA Asia Pacific Markets has hooked up with Britain-based telecoms provider BT for its global communications network.
The seven-year agreement valued at £45 million, signs CLSA to a global utility-based pricing model for BT’s networked IT services, deploying BT Unified Trading for trading communications.
BT will provide CLSA with fully managed voice, data and trading systems solution across 14 countries in the Asia Pacific region, the UK and the US.
“To deal with the complexities of today’s global markets, we need to be able to adapt quickly, and scale up and down across geographies in a way that maximises our ability to seize opportunities and manage risks. Our network and applications are key enablers of such processes,” said Thiyagarajah Rajah, CIO of CLSA. “We decided to gain the required efficiencies by consolidating our communications and network requirements with a single global partner.”
“We are investing globally to make improvements in the areas our customers tell us are important to them. Our customer led investments across Asia Pacific, Latin America and elsewhere are paying off,” said Kevin Taylor, president of BT Asia Pacific. “Our global portfolio, our sector-specific propositions and our professional services capabilities are available across all key geographies.”