IPC Systems, Inc., the leading global provider of specialized communications solutions for the financial services community, has been named a top provider of financial technology to the financial services industry in the annual FinTech Forward (an initiative including the FinTech 100), published in collaboration between American Banker and BAI. It is the tenth year in a row the company has been ranked.
The ranking of the top 100 global technology providers is based on percentage of revenues from sales to financial services clients. In a testament to the company’s stability and importance to the industry, IPC ranked 32nd on the 2014 list of financial technology companies.
IPC is a leader in the financial services industry, providing trading solutions, network connectivity, and managed services to organizations of all sizes across the globe. Historically, financial services firms have attempted to find a balance between maximizing the return of investment from their legacy systems and deploying the most advanced technology in order to gain competitive advantage. In order to ease the burden on financial services firms, IPC developed technology bringing next-generation products and decades of expertise to their customers, incorporating interoperability with existing systems while helping firms transform their workflow. IPC enables traders using IPC technology to be significantly more productive and connected than ever before, while making their operations much more profitable.
In addition, changes across market structure, the regulatory environment, and business models in the wake of the 2008 financial crisis created an unfamiliar environment for financial services firms. This includes new trends such as BYOD policies and more stringent voice recording requirements. To meet the needs of its customers and help them achieve compliance, IPC provides a comprehensive suite of innovative products and managed solutions.
IPC accounts for more than 118,000 of the world’s trading turret positions. Unigy®, IPC’s market leading next generation unified trading communications platform, is designed to speed collaboration between traders and the trade support teams across middle and back offices with unprecedented flexibility, scalability, and adaptability. IPC’s Financial Markets Network solution portfolio includes the Connexus private extranet, DirectConnect and Managed MPLS VPN data services, as well as Trader and Enhanced IP voice connectivity solutions. IPC’s Financial Markets Network interconnects global financial centers and allows access to more than 5,000 participants in over 700 cities in nearly 60 countries. Built on a state of the art IP/MPLS infrastructure, the highly scalable and secure Connexus Extranet supports a number of industry standard and trading protocols. IPC provides managed service solutions through its Enhanced Services division and is one of the most trusted and progressive service providers to the global financial community. Capital markets firms rely on IPC Enhanced Services to provide compliance and risk oversight, manage and monitor their trading communications technologies, project manage critical initiatives and advise and assist in business transformation.
“The financial markets are constantly evolving, always searching for better ways of doing business and evolving to meet new challenges. IPC’s goal is to provide our customers with the technological tools to stay competitive and maintain their edge in the trading arena, and our method has always been to research and create the solutions that enhance the trader’s edge,” said Michael Speranza, Senior Vice President, Managing Director, Trading Communication Systems. “Our continued inclusion on the FinTech list is a true testimony by our global customer community that IPC’s advanced technology, dedicated service, and persistent innovation continues to exceed their needs.”
IPC is a leading global provider of specialized communications solutions for the financial services community. With a 100-percent focus on this sector and over 40 years of expertise, IPC provides customers with integrated solutions that support traders and participants across the entire trade lifecycle including sell-side and buy-side financial institutions, inter-dealer brokers, liquidity venues, clearing and settlement firms, independent software vendors, corporate finance departments, financial information exchange providers and market data providers. IPC’s offerings include a unified communications/application platform, award-winning hard and soft turrets, managed voice and data network connectivity solutions, trading communications infrastructure management and dedicated service and support. IPC’s global reach extends to more than 60 countries – including a network of 5,000 customer sites over 700 cities and an installed base of approximately 118,000 trading positions deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has over 900 employees located throughout the Americas and the EMEA and Asia-Pacific regions.