Traders can now trade at the swipe of a finger or easy touch.
It’s just that simple. Just like when they make a call from their iPhone or Blackberry.
BT Netrix has introduced the BT Netrix Hi-Touch, a new touchscreen device, similar to traditional phone turret in that it acts as a control center for collaboration between traders, their clients and counterparties and the wider pool of experts involved throughout the trade cycle. It enables individuals and groups to rapidly communicate in what is a highly complex and real-time environment.
But rather than pushing buttons like on a desk phone, the interaction between trader and the Hi Touch is similar to a smartphone or other tablet-type device. The touchscreen device, designed to replace the traditional turret, uses cloud-based and apps-driven technology to bring together data news feeds, alerts, clients and contacts in one place to help speed up decision-making and shave seconds from transaction times.
BT’s GM of Product Development, Tim Furmidge, told Traders that the Hi Touch is the first of its kind touchscreen desktop communications portal. With the swipe of finger, it allows traders to tap into the hundreds of apps, market data feeds and communications services delivered by the BT Radianz Cloud, including BT’s specialist trading floor and enterprise voice, video and conferencing services.
And traders can execute trades via the device too as it links directly to their desktop order and execution management systems.
“The Hi Touch is a new cloud-based device helps bring together high-definition communications, specialist apps and market information with the simple swipe of a finger,” Furmidge said. “It empowers them to make faster and more informed decisions with the help of the latest high-definition visual and audio interfaces and communications services, integrated with their specialist trading applications and market information.”
The BT Radianz Cloud is the world’s largest secure networked financial community. It brings together thousands of institutions from across multiple asset classes throughout the entire trading cycle, including banks, brokers, investment managers, third-party application providers, exchanges and market data vendors.
The three-way integration that BT is enabling between Netrix HiTouch, the applications on traders’ screens and the services in the Radianz Cloud, allows traders to access and share market information and research, talk to their clients through specialist communications services, engage in high-definition multi-party audio and video conferences, capture orders and trade, all through an integrated desktop and powerful touchscreen-driven collaboration device.
According to BT Netrix, the HiTouch reflects the transformation in the industry as new regulations, emerging market dynamics, waves of innovation and changing demographics take hold.
Not to mention the integration of myriad services, such as managing data feeds, video conferencing and IM messaging from a single device shaves seconds from the time it takes traders to make decisions and allows them trader faster and more efficiently.
“We’ve moved from a straight phone turret to something newer – taken tablet-like interfaces like a touchscreen and method of connectivity and paced it onto a turret,”Furmidge said.
The BT Netrix/Radianz system has 400 service providers already connected.
