BT, a communications solutions and services company, has signed a five year multi-million Euro contract with Commerzbank, a Germany based financial institution, to deliver managed services for the bank’s voice trading systems.

Reportedly, BT will support systems on trading floors around the world with immediate effect, and agreed to supply hardware, software and services to Commerzbank’s global business and financial centres as well as on-site support at the main trading locations. The first phase of the project will be the deployment at Commerzbank’s 650-desk trading centre in Frankfurt, Germany, with all domestic and international centres to follow.

BT has added that it will deliver and manage the ITS.Netrix voice trading system and ITS Recorder on the trading floors of Commerzbank. ITS.Netrix is a voice communications solution tailored to the requirements of financial traders who need to communicate with clients, brokers and other traders. It has added that the ITS.Netrix devices can handle multiple calls and phone conferences and are equipped with a talkback speaker system and integral intercom. The ITS Recorder provides a functionality including IP connectivity, playback to desk and distributed network architecture.