Toyota Tsusho Metals Deploys IPC’s Unigy Trading Platform in Japan
TOKYO – December 8, 2011 – IPC Systems Inc., a leading provider of voice and electronic trading communications solutions to the world’s top financial services firms, today announced the successful, live implementation of Unigy, its revolutionary new unified trading communications platform, at Toyota Tsusho Metals Ltd (TTM), Branch in Nagoya Japan, a company operating in futures and options trading on the London Metal Exchange.
When TTM sought to review its trading offices communication systems, the firm conducted a competitive assessment of multiple trading system vendors and selected IPC. TTM cited IPC’s industry experience and expertise as well as Unigy’s extremely advanced technologies as key factors in its decision.
“We have selected IPC’s Unigy based on the benefits the platform offers. It was very important to us that the system delivers high quality intercom communication between our Nagoya and London offices with minimum cost involved, and bring together the independent systems that we had been using,” said Mr. Kanji Tajima, account executive with Toyota Tsusho Metals Ltd. “The Unigy backroom allows us to quickly deliver new trading connections and voice applications required to support our trading operations.”
Mr. Tajima added, “The fact that Unigy enables us to build new communication nodes quickly with minimum cost by providing software gateways and turrets was an important factor in selecting IPC as a communication partner.”
IPC introduced the Unigy solution in March, 2011 as the industry’s first single, open standards Service Oriented Architecture based platform for unified trading communications and applications. At the same time, IPC announced an extensive and powerful portfolio of Unigy-powered hard and soft devices and applications, including the compact and economical IQ/MAX Edge turret.
Chirag Gadher, manager of IT systems for Toyota Tsusho Metals Ltd who was responsible for managing the installation, said “When it comes to daily operations, one can implement moves, adds or changes to the system at any time without interrupting production services. As a result, system administration is no longer restricted to the later hours of the day.”
Mr. Gadher added, “IPC’s Pulse application (a software-based intercom tool) has also been installed in our London office to facilitate communication between staff based in London and Nagoya. The setup process was simple and intuitive and in addition to desktop communications, also provides Presence status, which is vital for users who work closely together but who are separated by geography. This will add greater efficiencies to our daily trading work.”
”We are delighted that a leading global company that is part of the Toyota Group has selected IPC’s Unigy for its trading needs,” said David Dodd, managing director, IPC Asia Pacific, “Our mission is to deliver high quality and value-added voice communications technology solutions and applications that support global trading floors. We will continue to help meet the growing and diversified needs of financial services customers in this region and around the world in order to help them achieve global trading efficiency.”
IPC Systems offers high and low touch trading communications solutions to the global financial trading community including the top investment banks, hedge funds and investment managers in established and emerging markets. With 100% focus on this sector and nearly 40 years of expertise and an unrivaled record of innovation, IPC provides customers with unified solutions that support collaborative voice trading and real-time electronic trading and market data connectivity. IPC’s market-leading offerings include the first unified communications/application platform, award-winning hard and soft turrets, electronic connectivity services including enhanced voice services, business continuity solutions, and follow-the-sun service and support. IPC’s global reach extends to more than 58 countries – including a Financial Extranet of 4,000 on-net locations in over 700 cities and more than 115,000 turrets deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 1,000 employees located throughout the Americas and the EMEA and Asia-Pacific regions. For more information, visit www.ipc.com.
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