BT has added São Paulo to the list of cities in which it will be offering its BT Radianz Venue suite of managed network services for use both by local and international companies active in financial markets.

BT Radianz Venue is a cloud-based suite of new services aimed at helping market participants address the challenges created by competing execution platforms and liquidity fragmentation across multiple asset classes.

Tom Regent, president, global banking & financial markets and sales & marketing, BT Global Services, said: "In 2011, BT announced a series of investments aimed at doubling its business in key Latin American countries. This includes plans to launch more than 30 new products and services. The addition of BT Radianz Venue is aligned to that effort and will contribute to the success of our customers who are expanding in the region."

He Continued: "Latin America's financial markets have become increasingly attractive to domestic and global investors and demand to access the opportunities in the region has increased. BT Radianz Venue represents a significant development in the provision of hosting capabilities and lowest latency between trading venues and financial centres. We are pleased to be announcing the next stage of the development of the BT Radianz Cloud through our plans to extend the BT Radianz Venue offering into the Latin American markets."