More than 700 Waters subscribers responded to the survey, which asked them to pick the best financial services vendors in 13 different categories. Waters subscribers represent a cross-section of the global financial services industry, including investment banks, brokers and asset management firms. Some 55 per cent of voters came from the US, 30 per cent from Europe, ten per cent from Asia-Pacific and five per cent from the rest of the world.

“The BT Radianz value proposition of a shared market infrastructure, coupled with the breadth of our community of users, were the major reasons we won again this year,” said Howard Edelstein, president and CEO of BT Radianz, in an interview with Waters. “We distribute over 400 applications from more than 160 providers across the STP chain, reaching over 10,000 financial services sites worldwide. Our shared market infrastructure spans the industry from the front office straight through to the back office, and that is a tremendous value proposition the industry has embraced.”

“Through an extranet, or as we like to call it, a shared market infrastructure, investment firms can eliminate the extraordinary costs of managing multiple connections, while reducing the time to market by providing one seamless way to link up with customers and other key counterparties,” he said. “Once an investment firm is ‘ON NET’, we can connect them in a matter of days to the 400 applications or 30 execution venues available on the network.”
 
According to Waters, “BT Radianz earned more than twice the votes of second-place finisher Verizon and approximately three times the votes of third-place finisher AT&T.”