The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

BT Builds Out Netrix Turret Range to Deliver Netrix HiTouch

BT has built out its Netrix range of trading turrets with Netrix HiTouch, a turret that integrates with services delivered by the BT Radianz Cloud as well as with trading applications and market data. The turret is designed to support complex trading strategies requiring high touch collaboration and communication among traders, clients and counterparties, and complement low touch automated trading.

The turret has been built by BT from the ground up with software based on a Linux platform and open interfaces to support application and market data connectivity. Communication is underpinned by BT Unified Trading software and integration with BT Radianz Cloud provides high definition audio and video as well as access to trading apps and market data feeds. The Netrix HiTouch user interface takes cues from smartphone technology, supporting swipe and gesture interaction.

Tim Furmidge, head of product management for BT’s Financial Technology Services business, explains: “The huge rise in automated trading has made it harder to find investment returns, so complex strategies have emerged and they need more human interaction to find liquidity and collateral. Netrix HiTouch acts as a control centre for human interaction, integrates with apps such as order management and customer relationship management systems, and is tightly integrated with BT Radianz Cloud services. We see the need for high touch intervention to complement low touch automation on both the sell side and the buy side. In the past, our technology has appealed mostly to the sell side, but the collaborative tools we can now offer are also of interest to the buy side as it takes more control of trade execution.”

As well as supporting collaboration across multi-asset class execution strategies, BT Netrix HiTouch offers compliance with regulations requiring access to recordings of pre-trade conversations through its use of BT Unified Trading, which captures, records, archives and recreates trades.

BT Netrix HiTouch will not replace the previous BT Netrix Button turret, but is expected to attract more users on the basis of its extended services. The company has signed up its first customer, a central bank that is working through a beta project ahead of full production in August, and is running a controlled product release over the same period to offer general availability of Netrix HiTouch in August 2014.

Related content

WEBINAR

Upcoming Webinar: Infrastructure monitoring: mapping technical performance to business performance

Date: 8 July 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes It’s a widely recognized truth that if you can’t measure something, you can’t improve its performance. As high-performance connectivity technologies have established themselves in the mainstream of financial firms’ trading architectures, the ability to monitor messaging and data infrastructures...

BLOG

Eflow Pushes Performance of Trade Surveillance Platform with Refinitiv Market Data

Eflow, a London-based regulatory compliance firm, has added Refinitiv market data including tick history to its TZ trade surveillance platform. The data expands the company’s existing market data store and will increase the number of instruments and records available for testing in TZ. It will also strengthen the accuracy of any alerts generated. Refinitiv’s fast...

EVENT

Data Management Summit Virtual

The Data Management Summit Virtual will bring together the global data management community to share lessons learned, best practice guidance and latest innovations to emerge from the recent crisis. Join us online to hear from leading data practitioners and innovators from the UK, US and Europe who will share insights into how they are pushing the boundaries with data to deliver value with flexible but resilient data driven strategies.

GUIDE

BCBS 239 Data Management Handbook

Our 2015/2016 edition of the BCBS 239 Data Management Handbook has arrived! Printed copies went like hotcakes at our Data Management Summit in New York but you can download your own copy here and get access to detailed information on the  principles and implications of BCBS 239 on Data Management. This Handbook provides an at-a-glance...