IPC Systems, Inc., a leading provider electronic trading communications solutions to the world’s top financial services firms and global enterprises, today announced SS&C Technologies Holdings, Inc. has joined IPC’s Connexus Financial Extranet service. SS&C’s applications include FIXLink®, MarketCenter, and SS&C MarketTrader. Connexus will allow SS&C customers to transact, receive and distribute information seamlessly in an open trading ecosystem.
Using IPC’s Connexus, buy-side and sell-side firms may quickly and cost efficiently access a broad range of SS&C applications such as FIXLink, MarketCenter, and SS&C MarketTrader. FIXLink is [designed to be] a robust and highly agile electronic trading community that provides a complete solution to all FIX connectivity needs enabling capital market participants to quickly connect to any party. SS&C MarketCenter is an outsourced electronic trading infrastructure solution offering a broad variety of advanced message handling services, from FIX connectivity management to regulatory compliance reporting services, and which can be integrated with any set of trading platforms. SS&C MarketTrader is an easy-to-use and cost-effective OEMS offering broker-dealers and institutions a comprehensive set of tools for order and execution management.
“With Connexus, we are giving our buy-side, sell-side and inter-dealer brokers access to all of our applications and services in one dedicated connection,” said Bob Moitoso, Senior Vice President and General Manager, SS&C’s Financial Markets Group. “Our customers demand quick, seamless and efficient access to global markets and IPC’s Connexus Extranet allows us to meet those demands.”
“SS&C is a leading provider of electronic trading solutions, and we’re honored that they have chosen IPC’s Connexus Financial Extranet to help meet their growing global business needs,” said David Brown, senior vice president, managing director, Network Services for IPC Systems. “We look forward to helping SS&C continue to grow their business and improve and extend their reach into global markets.”
Connexus is part of the IPC Financial Markets Network service portfolio which also includes private extranet and DirectConnect data services, as well as Trader and Enhanced voice connectivity services. IPC’s Financial Markets Network interconnects global financial centers and allows access to more than 4,000 market participant locations in over 700 cities in more than 58 countries. Connexus leverages a highly scalable, reliable and secure Multiprotocol Label Switching (MPLS) platform which adheres to financial industry standards such as the FIX protocol.
About SS&C Technologies
SS&C is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry. Founded in 1986, SS&C has its headquarters in Windsor, Connecticut and offices around the world. Some 5,500 financial services organizations, from the world’s largest institutions to local firms, manage and account for their investments using SS&C’s products and services. These clients in the aggregate manage over $26 trillion in assets. For more information, visit www.ssctech.com.
Additional information about SS&C (Nasdaq:SSNC) is available at www.ssctech.com.
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 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.