BT has been chosen by Australia's Financial and Energy Exchange Group (FEX) to provide its Radianz Cloud software for financial services, giving global market participants greater flexibility in accessing the FEX exchange.

The BT Radianz cloud services have been created to suit the global financial community in providing stability and speed of service.

Thomas Price, FEX CEO, said: "BT leads the way in providing financial services cloud connectivity. They help us extend our global reach and gain greater access to the community that we need to attract new clients and grow our business."