IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world’s top financial services firms and global enterprises, today announced that Jefferies & Company, Inc., a global investment banking firm, has selected two of IPC’s Financial Markets Network offerings, Connexus Financial Extranet service and Direct Connect data service, to increase its competitiveness and boost its international business growth.
Connexus and Direct Connect provide Jefferies with access to key global financial market participants including buy-side firms, liquidity venues, market data providers, independent software vendors and data centers, as well as inter-office connectivity. In addition, the IPC Financial Markets Network offers Jefferies enhanced communications capabilities, improved customer service, increased productivity and reduced administrative expenses.
“Jefferies has served companies and investors for 50 years now. With offices in over 30 cities around the world, we needed fast, flexible service to reach our clients and our providers,” said Sean Milligan, Senior Vice President, Technology, Jefferies. “IPC’s Connexus and Direct Connect provide us with professionally managed connectivity that enables us to reach customers, liquidity venues or anyone else we need to reach when and where we need to reach them.”
“IPC is committed to providing industry leading, value-added network solutions for traders in a reliable and secure environment,” said Joe Pickel, Vice President, Network Services Product Management, IPC. “Connexus and Direct Connect provide Jefferies with the financial extranet and direct connectivity services that offer global reach and superior customer service along with fast and efficient access.”
Connexus is part of the IPC Financial Markets Network service portfolio which also includes private extranet and Direct Connect 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 nearly 60 countries. Built on an IP/MPLS backbone, the highly scalable and secure Connexus supports a number of industry standard and trading protocols.
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.