Algomi among inaugural Connexus Cloud Partner collaborators; more than 6,000 customer locations, 700 cities and 200,000 users connected across cloud network
NEW YORK – June 22, 2016 – In a move that marks a milestone in the evolution of its market strategy, IPC Systems, Inc., a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced its launch of Connexus Cloud. This innovation progresses one of the industry’s largest secure encrypted communications platforms connecting IPC’s community of 200,000 users across 6,000 market participant locations in 700 cities.
“Connexus Cloud is the foundation of IPC’s strategy to move the financial markets into a new era with an intuitive, robust and all-encompassing cloud delivery model. Its secure, compliant high performance design is purpose-built to be a new standard. We are continually expanding our collaborative ecosystem of data and voice resources exclusively for the financial markets community,” said Neil Barua, CEO of IPC.
Algomi, the network providing information-matching solutions for the optimization of fixed income liquidity, is one of IPC’s first Connexus Cloud partners. Furthermore, Algomi’s DealCall, on the award-winning Honeycomb platform, is designed to enable IPC’s Connexus Cloud users to swiftly and securely connect to their dealers.
“Financial institutions continue to migrate from on-premise solutions to embrace cloud-based models for infrastructure flexibility. The on-demand access Connexus Cloud provides to our expanding portfolio of IPC and IPC-certified partner products, services and solutions, will foster a growing, dynamic community and the next wave of industry advancements,” Barua added.
IPC’s Connexus Cloud will deliver an enhanced lineup of IPC products including communications-as-a-service and information management for compliance solutions through an on-demand and anywhere user interaction model. The Connexus Cloud Partner program will offer innovative applications to the financial markets community allowing members to interact securely, exchange information and mitigate risk. IPC plans to announce a number of additional Connexus Cloud partners and products in 2016.
IPC is a technology and service leader that powers financial markets globally. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With customers first and always, we collaborate with each to understand their individual needs to help make them secure, productive and compliant within our connected community. Through service excellence, long-developed expertise and a focus on innovation and community, we provide agile and efficient ways for our customers to accelerate their ability to adapt to the ever–changing requirements for advanced data networks, compliance and collaboration with all counter-parties across the financial markets. www.ipc.com
Certain statements contained in this press release may be forward-looking statements. These statements may be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “should” or “will” or similar terminology. Any forward-looking statements are based on current expectations, assumptions, estimates and projections. Such forward looking statements involve known and unknown risks and uncertainties, many of which are beyond our control. Actual results may differ materially from any future results expressed or implied by these forward-looking statements.
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