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IPC Deploys First Unigy System in Mainland China with the Signing of Minsheng Life Insurance

Using the Unigy backbone, Minsheng will deploy IPC’s IQ/MAX Edge 100 turrets across its enterprise.

IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world's top financial services firms, today announced that Minsheng Life Insurance has successfully implemented Unigy, IPC’s revolutionary unified trading communications platform. Using the Unigy backbone, Minsheng will deploy IPC’s IQ/MAX Edge 100 turrets across its enterprise. This implementation underscores IPC’s expanded growth into the Asia-Pacific market with the first Unigy customer signing in mainland China.

Minsheng Life Insurance was seeking to upgrade from a traditional communications system to a new infrastructure that would help speed communication between counterparties as well as increase collaboration across offices. After evaluating several PBX vendors, the Company chose IPC’s IQ/MAX Edge powered by the Unigy platform. The IQ/MAX Edge is designed specifically to provide individuals in small to medium-sized trading firms, as well as junior traders, sales traders and other individuals on the edge of the trading floor in larger firms, the key capabilities they need to optimize their collaboration with trade support individuals across the entire trading lifecycle and workflow.

“After evaluating traditional PBX vendors, choosing IPC and their Unigy system and the new Edge turrets was the best choice for our operations,” said a spokeperson for Minsheng Life Insurance. “The user interface with the Edge turret and the Unigy platform provides our traders the ability to easily tailor the turret to their specific needs. The new application launch pad provides traders easy access to line appearances, contacts and speed dials, and their communications history.”

IQ/MAX Edge 100 has 100 buttons for contacts within and outside a firm, hoot and intercom connectivity and dual handsets. Every IQ/MAX Edge also comes equipped with IQ/MAX Sync – a powerful PC-based productivity tool that allows users to manage calls, speakers, contacts and directories directly from a PC. IQ/MAX Sync integrates with users' Microsoft Outlook local directory to help them simplify workflow processes.

Among Edge's other features are broad, full-color, high-definition screens that make data easy to read; high-definition audio for more accurate exchange of information; and an application launch pad for Unigy™ apps that improve trade processing and productivity.

“We are delighted that Minsheng Life Insurance 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.”

IQ/MAX Edge is powered by Unigy – IPC's revolutionary unified trading communications and applications platform, introduced earlier this month. The Unigy platform's open standards and service oriented architecture (SOA) helps streamline trading workflow, create custom apps for a competitive edge, reduce operational risks and lower total cost of ownership (TCO) for firms of all sizes.

About IPC

IPC 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 a 100-percent 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 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 nearly 60 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.