DTCC Connection

Oct 01, 2010 • DTCC Connection

The BT Radianz Connectivity Option

by Karen Gregory


DTCC’s agreement with BT Radianz gives customers another cost-effective, secure and reliable alternative to establishing a direct link to DTCC’s SMART network. BT Radianz’s managed infrastructure is a leading global connectivity and hosting platform designed for the financial services community.


“This innovative solution gives small and mid-sized broker/dealers, institutional investors and banks, particularly those headquartered outside the U.S., a secure portal from which they can complete the post-trade processing of equities, bonds, government and mortgage-backed securities, money-market instruments and over-the-counter derivatives.


It provides simple and economical connectivity on a global scale,” said Michael Obiedzinski, DTCC vice president, Information Services. “By creating this portal to SMART within the BT Radianz infrastructure, we can continue to lower costs and mitigate risk for the financial services industry, while maintaining the highest levels of certainty, safety and soundness within our clearing corporations and across our network.”


State-of-the-art technology

“We’re extremely pleased that DTCC places its trust in BT Radianz as an integral component of its services,” said Andy Nicholson, BT president, global banking and financial markets. “Because of our expansive global footprint, we can provide clients with connectivity and hosting services that extend throughout the entire trade cycle for all financial instrument asset classes.”


The BT Radianz managed infrastructure offers financial firms a redundant connection, resulting in low-latency access to market data, trade execution and trade cycle applications and services. The service supports over 14,000 financial customer locations and more than 400 content and service providers globally.


The basis for this new service is IP Peering, a state-of-the-art technology used for private high-speed secure network connections. “It provides the performance and reliability of a dedicated connection, with the cost benefits of sharing existing facilities for DTCC’s and BT’s mutual clients. The technology can only be accessed by DTCC participants, and all members’ data is discretely encapsulated and protected through security encryption,” Obiedzinski explained.


DTCC offers another new connectivity choice through AT&T’s ANIRA service. This Internet-based offering is ideal for a small group of workstations, which makes it a good choice for smaller firms.


“We implemented the ANIRA service for customers seeking a connection that is less expensive than a traditional dedicated network but more effective than a dial-up link,” said Obiedzinski. He added that ANIRA is ideal for firms that only need to access DTCC’s webbased services, such as the Participant Browser Service (PBS).


More robust remote capabilities

DTCC is also improving its ability to operate under adverse conditions by refining the remote access technology its employees use to access business-critical applications when they are unable to physically reach their offices.


The company’s current remote capabilities underwent two live tests early this year, when major snowstorms hit the New York area, stranding many DTCC employees in their homes. The company maintained seamless operations throughout the surge in remote-access usage during the storms, ensuring the industry could function normally.


Now, DTCC is taking remote access to a new level via the implementation of Virtual Desktop Interface (VDI) technology. Remote computers with VDI will deliver faster, more efficient performance than computers using the existing remote access system, because VDI taps into the power of the large centralized servers in DTCC’s data centers. DTCC is scheduled to begin rolling out this technology next year.@


dtccdotcom