Thu, 10 Mar 2005
BT Eats Radianz Whole
You've probably seen it all over the news but Radianz has been
bought! For those that don't know of it, the Radianz network is an
extranet of financial institutions, it provides a fully redundant
infrastructure (if you want to join you are required to have dual lines
connecting you; each line has to be from a different approved supplier).
It's used for accessing financial applications where the unpredictable
nature of the Internet makes it undesirable but the commodity status of
it's applications and protocols make it the best alternative.
Radianz let you connect to their network and then provide all the infrastructure that net-users take for granted. It's basically a self contained Internet full of banks, insurance companies and financial institutes. BT buying them is interesting because it gives them control over a pretty locked in and wealthy market. I've dealt with a couple of Radianz people in the past and they were pretty clued up. For the sake of the UK job market lets hope BT don't start laying off techs...
Like this post? - Digg Me! | Add to del.icio.us! | reddit this!
Posted: 2005/03/10 19:53 | /misctech | Permanent link to this entry | This entry and same date
Copyright © 2000-2010 Dean Wilson
