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…