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Home  About Innovations Innovations through the Years

Innovations Through The Years:

We invite you to review the heritage of product and service innovation that IPC brings to financial markets participants in our Innovations Timeline:

2011 – Unigy™ - First unified trading communications and applications platform focused not just on the trader, but on users across the trade life cycle.

2009 – IPC® offers the first ever end-to-end Internet Protocol (IP) private line delivery all the way from a dealerboard/turret into a network service, using a unique combination of IPC Network Services and Trading Systems solutions. The offering is enabled when SIP-based manual ring-down connectivity and integration into the Alliance MX switch are added to IPC’s Enhanced Voices Services (EVS) through the introduction of SIP-X cards for the Alliance MX.

2009 – IPC introduces Alliance Express for small and mid-sized firms, bundling together a fully realized but smaller-footprint Alliance MX switch (maximum 32 trading positions) with IPC Network Services connectivity, including the IPC Financial Extranet.

2008 – MAXaccess 1000® launches, enabling traders to access their home-office turret configurations, private lines and even speaker channels using any PC with an Internet connection and a phone. It is IPC’s second-generation browser-based soft turret.

2008 – IPC debuts Nexus Suite™, the first comprehensive set of SIP-based integrated connectivity applications between trading communications systems and PBXs. The suite includes:

Nexus Enterprise Reach – SIP-based delivery of Alliance MX private lines to phones attached to any SIP-based PBX.

Nexus Enterprise Lines – extends SIP-based line sharing to any enterprise site; enables any line coming into any enterprise site to be virtualized and shared throughout all enterprise sites.

Nexus System Interconnect – SIP-based sharing of PBX “dial-tone” lines and other functions to Alliance MX-based turrets.

2007 – IQ/IMPACT, a workflow application that increases trader productivity by integrating information from enterprise CRM databases and the trader’s PC, is introduced.

2006 – IQ/MAX® – designed to feel like an extension of a trader’s mind and body – is introduced. IQ/MAX is designed by traders, for traders, and is IPC’s second-generation IP-based turret. Two years in development, IQ/MAX is a highly specialized, multi-line, multi-speaker communications device with full-color, high-resolution screens, more power, speed, clarity and control.

2006 – IPC launches the first voice-over-IP recording system for trading environments. Using IPC’s Enterprise SIP Server, audio streams are proactively sent to the recording system in real time.

2005 – Enhanced Voice Services (EVS) debuts as the industry's first SIP-based private line service.

2004 – The debut of Enterprise Administration Server (EASe) introduces the concepts of thin-building and dual-data-center architectures for the Alliance MX platform, along with the ability to synchronize turrets in remote offices with a trader’s home-office desktop configuration. EASe thus significantly multiplies the number of possible Business Continuity Planning scenarios while at the same time enhancing trader mobility.

2003 – IPC offers Enterprise Hoot/Intercom (EHI), the first PC-based application to allow seamless integration between PCs and IPC turrets for both Hoot (always-open audio broadcast channels) and Intercom (one-on-one direct lines to traders). EHI brings middle- and back-office specialists into the flow of trading communications.

2002 – IQMX becomes the first video-enabled turret, capable of displaying both streaming video and Computer Telephony Integration (CTI) application data, when IPC introduces the Applications Module for IQMX.

2001 – IPC presents the first IP-based turret, IQMX, enabling true convergence of a customer’s voice and data networks.

1999 – The first tight integration between a trading system and a recording system, jointly developed by IPC and NICE, provides inherent failover in case of a recorder breakdown – without additional equipment previously required. The Alliance Integrated Recording solution (SCSA Recording) improves resiliency in a smaller footprint.

1998 – Alliance MX debuts as the world’s first premiere trading communications system with IP connectivity. In addition to the distributed mesh architecture introduced in Tradenet MX, the new Alliance uses SIP’s predecessor protocol, QSIG, to share lines and functions with PBX systems.

1997 – IPC introduces Slimline, the first free-standing turret (previous turrets were mounted in a desk cutout).

1996 – IPC launches the first browser-based soft turret, the World Turret

1992 – With Tradenet MX IPC introduces the distributed digital mesh architecture that, with ongoing developments, remains the reliability and performance standard for trading turrets even today.

1989 – IPC paves the way for future digital talkpaths with TradeNet, an update to the 5-year-old Series II.

1984 – IPC introduces the Series II, featuring the first pagination with LED button labels to allow traders to have 600 buttons in a practical desktop footprint. This also was the first system to employ a computerized administration system. The Series II builds on the software control of the Exchangefone,

1983 – IPC introduces thin-wire software control to the trading floor via Exchangefone, special dual-user phones developed for open outcry exchanges; they are still in use in major exchanges. The Exchangefone also was the first system to employ digital technology to convey button presses/lamp status between the phone and the backroom. IPC is granted a patent for its dual talkpath with no cutoffs.

1974 – The Series I from IPC becomes the first turret to use backroom relays to switch calls, rather than switching at the turret itself. This greatly improves reliability and substantially reduces wiring to the turret.

1973 – IPC is incorporated as Interconnect Planning Corporation.