It is clear that remote work will play a greater role moving forward. But what else will 2022 hold for the fintech industry specifically? Our CEO, Robert Santella, shares his predictions in this Forbes article as a member of the Forbes Technology Council.
The coronavirus pandemic made clear the need for disaster recovery plans and solutions for virtually every industry, but even before the pandemic, remote and mobile workforces were clearly the direction almost every industry was headed. This decentralization of the workforce increases the need for planning and preparation for a broad range of contingencies because even if a business interruption is localized geographically, it could still have ripple effects throughout the entire organization. Tim Carmody, Chief Technology Officer, IPC, discusses how, with respect to financial services specifically, IPC is seeing an important shift in mindset within the financial markets: traders and other industry participants know now they can reliably and resiliently thrive with a mobile workforce, albeit by smartly leveraging cloud computing so that if and when disaster does strike again, their business will be prepared.
Euronext’s recent announcement of its intended move from the Basildon data centre, in the UK, to Bergamo in Italy, is making waves amongst equity market participants. Euronext’s decision is primarily due to Brexit considerations, such as the post-Brexit shift in European share trading from London to Amsterdam. For the exchange operator, it therefore makes sense to consolidate its operations in a single, EU based data centre – and keeps other key stakeholders, such as EU regulators, happy as well.
IPC, a leading provider of secure, compliant communications and multi-cloud connectivity solutions for the global financial markets, today announced that CEO, Robert Santella, has won Comparably’s 2021 global survey for Best CEO.
This recognition was determined based on anonymous employee feedback on Comparably.com over the past 12 months. These awards rank the top 50 best CEOs for large companies, and the top 50 best for small and midsize companies. To get these results, Comparably fielded over 10 million anonymous employee ratings from over 50,000 companies. See full ranking list here.
As we look forward to a successful 2022, we at IPC, appreciate the confident leadership and opportunities given by our CEO to continue having an impactful future together!
Share this! 👇
It’s fair to say that the financial industry navigated pandemic-related lockdowns over the last year surprisingly well. Markets performed strongly — the Dow Jones is up over 30% in the past year, for instance — and banks saw record profits. It’s candidly surprising that an industry known for its strong office culture thrived while apart, but then again, if there is a universal business lesson from the pandemic, it’s the degree to which collaboration and communications software empowers remote work.
As the Covid-19 pandemic extended into 2021, it became apparent that some changes made to accommodate remote workers would become permanent, as hybrid in-person/remote work setups are now the norm. End users are demanding more parts of the trading ecosystem be delivered via the cloud and on as-a-service bases, rather than the hard-install olden days.
IPC’s Unigy communications platform has upwards of 110,000 users. This year, IPC launched Agility, which works in concert with the vendor’s Unigy and Connexus. Its aim is to provide a tool for digital transformation in high- and low-touch trading. The tool incorporates multiple state-of-the-art technologies to simplify and optimize the deployment of applications over the IPC trading and communications ecosystem.
IPC today announced that for the second consecutive year, its Unigy® platform has won the American Financial Technology Awards (AFTAs) ‘Best Communication Infrastructure Provider’ award. This recognition is bestowed to the firm that provides the most innovative communications infrastructure to the capital markets.
“It is an honor to be recognized for the second consecutive year as the ‘Best Communication Infrastructure Provider’ in the prestigious American Financial Technology Awards program,” said Bob Santella, Chief Executive Officer, IPC. “Our Unigy platform continues to emerge as a necessity for making the trading environment more efficient and productive, and this recognition is a testament to its strength in meeting a critical industry need on a global scale.”
IPC’s Unigy utilizes the latest trading communications technologies and a services-oriented architecture to bring flexibility and scalability to financial organizations. The unified communications platform is designed specifically to make the entire trading environment more productive, intelligent and efficient. Unigy enables financial organizations to enhance IPC applications or develop their own to work on the platform, giving them greater control through a fully integrated communications solution.
Hosted by WatersTechnology, the AFTAs recognize excellence in the deployment and management of financial technology within the asset management and investment banking communities.
“Year after year, IPC has proven itself to be one of the industry’s leading solutions providers, earning the honor of ‘Best Communication Infrastructure Provider’ in the 2021 American Financial Technology Awards,” said Victor Anderson, editor-in-chief, WatersTechnology. “The company’s flagship Unigy platform has once again risen above its competitors as one of the most innovative industry technologies, and we congratulate the entire IPC team on this notable achievement.”
About IPCIPC is a technology and service leader powering the global financial markets. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With a customer-first mentality, IPC brings together one of the largest and most diverse global financial ecosystems spanning all asset classes and market participants. As the enabler of this ecosystem, IPC empowers the community to interact, transact and react to market changes and challenges, and we collaborate with our customers to help make them secure, productive, compliant and connected. Follow us on Linkedin and Twitter (@IPC_Systems_Inc)
Each month, Waters reports and analyzes the practical implementation of financial technology in the wholesale banking and securities industries. Since its launch in 1993, financial IT professionals worldwide have relied on the magazine for its focused, in-depth coverage of financial market data and technology as well as the human issues of talent management, staff retention and compensation within the financial services community. With more than 10,000 subscribers, Waters readers enjoy the insights of CIOs and CTOs from the global capital markets. Waters is published by Incisive Media Plc. For more information, please visit www.watersonline.com
Certain statements contained in this press release may be forward-looking statements. Any forward-looking statements are based on current expectations, assumptions, estimates and projection and involve known and unknown risks and uncertainties. Actual results may differ materially from any future results expressed or implied by these forward-looking statements.
Coverage of this announcement can be found in the following publications:
Through partnerships and acquisitions, communications vendors are integrating voice data into different parts of the trade lifecycle to offer more sophisticated analytics and easier user interfaces. Electronification has supplanted voice trading in some fixed-income markets, particularly in instruments like US Treasuries, though progress is uneven. Tim Carmody, Chief Technology Officer, IPC, discusses how, rather than fading away, voice-based communications are adapting to new technology.
IPC, a leading provider of secure, compliant communications and multi-cloud connectivity solutions for the global financial markets, announced today the launch of Connexus Crypto, a market leading arbitrage enabling solution for cryptocurrency trading powered by the industry-leading Connexus Cloud platform. This unique solution is performance engineered to support complex trading strategies and provides low latency connectivity to global crypto-exchanges, enabling instant access to liquidity.
“Cryptocurrency trading is growing exponentially, and institutional investors seeking alpha are increasingly prioritizing crypto trading.” commented Joseph Pickel, Vice President, Product Strategy, IPC. “Cryptocurrency markets are vital to portfolio diversification and are consequently critical for investment strategies. Today’s announcement emphasizes IPC’s steadfast commitment to enabling market participants to trade successfully in the global cryptocurrency markets with innovative solutions. In particular, we have observed that cryptocurrency arbitrage can be an effective tool for investors seeking low-risk yields.”
Connexus Crypto is also an arbitrage accelerating solution that places market
participants ahead of the competition by enabling investors to simultaneously buy and sell a cryptocurrency in different markets and take advantage of any price differences. This is possible as Connexus Crypto offers superior reliability and inter-exchange connectivity while mitigating the biggest risk to successfully exploiting arbitrage opportunities – price slippage – due to its low latency characteristics, rapid execution times and market leading reliability.
Connexus Crypto is underpinned by IPC’s flagship multi-cloud platform Connexus Cloud, an ecosystem that interconnects more than 7,000 diverse capital market participants across 750 cities in over 60 countries, all bolstered by market-leading follow-the-sun customer support. The Connexus Cloud portfolio includes Connexus Extranet, Connexus Ethernet and Connexus WAN, as well as Connexus Voice services.
Our CEO Kurt Adams joins ICE’s Chris Edmonds on Inside the ICE House to discuss how IPC is leading the next chapter of innovation—through customer-first approach, cutting-edge technology, and a bold new vision for voice trading.
