SWIFT gets connected and signs up with BT for video


SWIFT is signing a three-year managed services contract with BT for its unified communications video solution, which will connect its offices across Europe, US and Asia. The contract is for implementation of five Cisco TelePresence units, plus all supporting equipment and software and a 24/7 helpdesk, monitoring and diagnostic system

The contract with BT for video conferencing equipment and connectivity is designed to improve communication between SWIFT’s newly-established regional offices and to assist in the move away from its centralised Brussels HQ, bringing the organisation closer to its members via regional centres.

• In addition to the SWIFT contract, BT’s Radianz division is providing connectivity services for Burgundy, the new trading platform for Nordic shares, on its shared market infrastructure system, ensuring reliable order flow and market data delivery.

• The vendor, BT, is also launching new voice recording capabilities to help UK financial institutions meet new FSA regulations that came in during March 2009. These require all telephone conversations relating to client orders and transactions for equity, fixed income and derivatives markets to be recorded and stored securely for six months. The BT ITS Recorder can capture, index and retrieve all such voice transactions for the front and back-office and provides digital watermarking of calls to ensure compliance.

 

 

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