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TRADECOM: Trader communication, collaboration and compliance system

Objective

In the proposed project, TRADECOM: Trader communication, collaboration and compliance system, the project partners will develop and validate innovative hardware and software solutions to meet the communication, collaboration and compliance needs of financial services, energy and commodity trading and brokerage markets.

The TRADECOM project partners will design and develop a new desktop communication endpoint (known as a trader turret) that will provide traders and brokers with high-quality, instant, private and secure group communications using intuitive user interfaces. The partners will also develop and implement necessary backend communication and media services to enable scalable, resilient and compliant call routing and recording via the internet and cloud services. The project will introduce new middleware that will link trader turrets to corporate computer systems, enabling turret functions to be accessed from enterprise applications (e.g. click-to-dial) and application data to be accessed from the turret (e.g. contacts and call groups). This will provide traders with more efficient ways to manage communications and workflow between the turret and other desktop systems. The TRADECOM turret will be designed to interoperate with Speakerbus’ emerging virtual turret (vTurret) services, which will replicate the TRADECOM trader communication services on desk and mobile devices. This will enable traders to work away from their main TRADECOM turret and still access specialist voice and data communication services. An important focus of the project will be to pilot and demonstrate the integrated TRADECOM systems in real operational environments and to assess the impact for traders and trading organisations. Taken together, these innovations will disrupt the trader voice market and its large incumbent technology suppliers, and provide high growth opportunities for the SME project partners.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-2 - SME instrument phase 2

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2014-2015

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Coordinator

SPEAKERBUS TECHNOLOGY LIMITED
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 1 414 826,88
Address
HANOVER HOUSE, QUEENS GATE, BRITANNIA ROAD
EN8 7TF WALTHAM CROSS HERTFORDSHIRE
United Kingdom

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
East of England Bedfordshire and Hertfordshire Hertfordshire
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 2 021 181,25

Participants (2)

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