Orange Business Services - Trading Solutions wins Leaders in Innovation Award for Best IP Network 2010
London, 17 December 2010
Orange Business Services - Trading Solutions, the leader in voice and electronic
trading infrastructure and services for the trading communities, today announced
that it has won the Financial-i Leaders in Innovation Award for IP Network. The Leaders in Innovation Awards identify
global transaction banks and financial
hardware and software providers that in the last 12 months have excelled, in terms
of innovation in business solutions. Shortlisted companies were selected based
on research conducted by Financial-i's team of journalists as well as feedback
received from the awards advisory panel, which included industry analysts, consultants
and practitioners.
The award reflects the growth of Orange Business Services - Trading Solutions’
TCSnet, its global MPLS (Multi Protocol Label Switching) trading network, which
facilitates trading between counterparties and enables financial services firms
to gain access to all of the world’s major financial hubs. It is a highly secure
financial transaction platform that delivers critical real-time trading applications
and SIP based capabilities, significantly cuts latency and meets the demanding
service requirements of financial market participants through switching speed,
traffic engineering and convergence. The company offers a plug and play solution
with key differentiators including trading specific architecture and flow management
technology to optimise bandwidth, route, latency, jitter and packet loss, making
TCSnet the network of choice for many customers.
In just under two years since launching TCSnet to the global financial community,
the trading dedicated network continues to expand day by day. Buy-side and sell-side
financial institutions rely on the power, reliability and security of TCSnet,
building on their existing experience, knowledge and trust within the global financial
community. In the last year Orange Business Services - Trading Solutions has opened
PoPs in Brazil (Sao Paulo) and China (Beijing) and has connected more than 250
new member organisations.
“The Financial-i Innovation Awards identify companies who have demonstrated an
ongoing commitment and investment in innovation, which positively impacts end
users”, said Anita Hawser, managing editor, Financial-i. “Over the last year Orange
Business Services - Trading Solutions has established themselves as a key player
in the IP network space and is expanding geographically with an increasing client
base. We are happy to award them with this accolade in recognition of their achievements.”
Lionel Grosclaude, CEO, at Orange Business Services - Trading Solutions said,
“We are thrilled with the award win and appreciate acknowledgment from Financial-i
and the judges on how our network has evolved over the last year. Currently with
over 2000 members, the TCSnet is constantly expanding to meet the requirements
of our growing customer base worldwide”. He added, “High frequency trading participants,
brokers and institutional investors are seeking new ways to improve the performances
of their trading strategies and meet regulatory changes. Today more than 70% of
transactions in the equities markets are done electronically. It is our job to
provide customers with the technology and high speed network, offering them competitive
advantage. 2011 is already shaping up to be one of our busiest years with several
new developments in the pipeline”.
About Orange
Orange is the key brand of France Telecom (NYSE:FTE), one of the world’s leading
telecommunications operators. At
the end of 2009, France Telecom had sales of 44.8 billion euros (33.7 billion
euros for the first nine months of 2010). At Sept. 30, 2010, the Group had a total
customer base of 203 million customers in 32 countries. For more information visit:
www.orange.com or www.orange-innovation.tv
About Orange Business Services
Orange Business Services, the France Telecom Orange branch dedicated to B2B services,
is a leading global integrator of communications solutions for multinational corporations.
With the world’s largest, seamless network for voice and data, Orange Business
Services reaches 220 countries and territories with local support in an additional
166. Thousands of enterprise customers and 1.4 million users rely on Orange Business
Services international platform for communicating and conducting business. Learn
more at www.orange-business.com
About Orange Business Services - Trading Solutions a single source of innovation.
Orange Business Services - Trading Solutions is a leading provider of convergent
voice and electronic trading infrastructure and services for the trading communities.
It is an international subsidiary of the Orange Group, employing over 450 people
in the major financial centres across the globe including Beijing, Frankfurt,
Geneva, Hong Kong, London, Madrid, Milan, New York, Paris, Shanghai, Sydney, Singapore,
Tokyo and Zurich. The company is supported by a global partner network of distributors
in 50 countries offering customers 24/7 service.
Orange Business Services - Trading Solutions has more than 45 years experience
of working with the financial services trading industry. With a focus on building
long-term partnerships with customers, Orange Business Services - Trading Solutions
brings innovative solutions and the highest quality services to the trading community.
It provides optimised solutions over its dedicated trading network to a community
of more than 2,000 network member organisations, encompassing buy-side and sell
side institutions and trading venues.
Orange Business Services - Trading Solutions also offers flexible trading products
and services including state of the art, unified voice trading solutions with
over 40,000 turrets in play featuring user’s programmable interfaces, touchscreens
and voice/instant messaging recording solutions. For more information please visit
www.orangebusiness.com/trading-solutions.