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TORONTO, ON and JERSEY CITY, NJ —August 5, 2021 — Overbond has partnered with IPC, a leading provider of secure, compliant communications and multi-cloud connectivity solutions for the global financial markets, to integrate IPC’s point-of-trade voice transaction data into Overbond’s AI algorithms powering automated fixed-income trading. Overbond’s fixed-income AI pricing and liquidity algorithms harness the industry’s deepest data stack, which now includes voice trades through the partnership with IPC, bringing exceptional precision to the automation of bond trades.  

 “Roughly one quarter of fixed income trades in the United States and Europe are still executed by voice,” said Vuk Magdelinic, Chief Executive Officer, Overbond. “This heretofore uncaptured data was a significant gap in AI-powered, automated fixed-income trading and modeling, and will be erased by Overbond’s strategic collaboration with IPC.” 

 Said Bob Santella, Chief Executive Officer, IPC: “Our partnership with Overbond continues the digital transformation of fixed income trading by fully harnessing the power of voice data. As a company, IPC embraces an open platform approach to reimagine how financial institutions everywhere trade, share information, and optimize workflows.” 

IPC’s Dictation as a Service is an industry-leading cloud-based Natural Language Processing (NLP) solution, powered by IPC’s global Connexus Cloud financial ecosystem. The service enables traders to “dictate” trade jargon and translate the output in real-time through IPC’s award-winning Blotter visualization application. These tools provide a comprehensive end-user solution for converting unstructured voice trade data into a searchable, exportable structured data format in real-time.  

 Meanwhile, Overbond has led the way in tackling the data aggregation issues affecting automated trading of fixed income. Overbond’s COBI-Pricing LIVE is a customizable AI pricing engine that assists traders in automating pricing and trading workflows for global investment-grade bonds, generating prices and liquidity scores for more than 100,000 fixed income instruments. The full interoperability of COBI-Pricing LIVE via bilateral REST APIs allows its AI algorithms to ingest, aggregate and process data from live and historical vendor feeds, internal historical records, OTC settlement layer volume records, and now voice transactions. 

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About Overbond 

Overbond is a developer of process-redefining, AI-driven data and analytics and trade automation solutions for the global fixed income markets. Overbond performs market surveillance, data aggregation and normalization, and deep AI quantitative observation on more than 100,000 corporate bonds and fixed income ETFs. Applying proprietary artificial intelligence to pricing, curve visualization, market liquidity, issuance propensity, new issuance spreads, default risk and automated reporting, Overbond enables trade automation and enhances trade performance and portfolio returns. Clients of Toronto-based Overbond include global investment banks, broker dealers, institutional investors, corporations and governments across the Americas, Europe and Asia. For more information, please visit www.overbond.com. 

About IPC 

IPC 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. Visit ipc.com and follow us on LinkedIn and Twitter (@IPC_Systems_Inc). 

NEW YORK and LONDON — August 4, 2021 — IPC, a leading global provider of secure, compliant communications and networking solutions for the global financial markets, today announced that it will support Cboe Global Markets, one of the world’s largest exchange holding companies, as it embarks on the launch of Cboe Europe Derivatives, a new pan-European equity derivatives exchange, on September 6, 2021.

Cboe is bringing its U.S. market model to Europe using Cboe technology and plans to launch futures and options on equity indices, most of which trade in Europe.

Cboe Europe Derivatives is a modern, vibrant pan-European derivatives market designed to grow the overall derivatives trading landscape in Europe, while creating new opportunities for customers to express their investment views and manage their equity exposure. Its pan-European model will help provide market participants with the ability to access a modern, on-screen derivatives market through a single exchange and clearing house, creating efficiencies in trading and clearing.

“We are excited to be supporting Cboe in this important strategic initiative,” said Mike Smith, Director, Global Exchange Relations Management at IPC. “The potential for growth is extremely promising. We look forward to bringing our customers into this new marketplace to provide these expanded capabilities.”

This connectivity extends the existing relationship between IPC and Cboe. The two companies previously announced an innovative cryptocurrency initiative to provide bitcoin and cryptocurrency market data via IPC’s Connexus® Cloud. IPC’s Connexus Cloud is a private, secure cloud solution for the global financial markets. By integrating private and hybrid clouds, and enabling secure access to over 550 public clouds, Connexus Cloud empowers secure, guaranteed, high-performance data and voice communications.

Stephen Dorrian, Senior Director, Head of European Market Data, Cboe Europe, said: “We are excited that IPC will be connecting to Cboe Europe Derivative, bringing the benefits of a modern, pan-European equity derivatives market to its client base.”

 About IPC

IPC 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. Visit ipc.com and follow us on LinkedIn and Twitter (@IPC_Systems_Inc).

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.

NEW YORK, July 16, 2021 – IPC, a leading provider of secure, compliant communications and multi-cloud connectivity solutions for the global financial markets, today announced that it has once again broken its own record at the annual Waters Rankings, winning “Best Trading Communication System Provider” for its Unigy™ platform for the 16th consecutive time.   

“We are humbled to know that our industry peers also believe Unigy is the leading trading communications system for the financial markets,” said Bob Santella, Chief Executive Officer, IPC. “Our record-setting streak in the Waters Rankings reflects IPC’s longstanding commitment to leveraging the latest technological advances for our clients, coupled with outstanding customer support.” 

IPC’s Unigy utilizes 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. Furthemore, IPC recently pulled together its two flagship offerings—the Unigy trading floor communications system and the Connexus Cloud infrastructure—to create a new, pioneering solution, Connexus Unigy. This is the first time the company has combined the two business lines into a single product offering. 

“As decided by our readers, clearly the industry feels IPC’s Unigy is the preferred trading communications platform,” said Anthony Malakian, Editor-in-Chief, WatersTechnology. 

The Waters Rankings are the annual readers’ choice awards of WatersTechnology, which recognize the combined leadership of technological capabilities and human expertise in various categories of financial services technology. Qualified voters participating in the Waters Rankings are from buy- and sell-side firms as well as exchanges and interdealer brokers. 

 About IPC 

IPC 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. Visit ipc.com and follow us on LinkedIn and Twitter (@IPC_Systems_Inc). 

 About WatersTechnology 

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 and www.incisivemedia.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 projections 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. 

NEW YORK and LONDON – June 24, 2021 – IPC, a leading provider of secure, compliant communications and multi-cloud connectivity solutions for the global financial markets, today announced that they have been named ‘Best Trading and Communications Provider’ in the inaugural European Markets Choice Awards 2021.

“On behalf of everyone at IPC, we are honored to be named ‘Best Trading and Communications Provider’ in this prestigious and competitive awards program,” said Bob Santella, Chief Executive Officer, IPC. “Offering reliable trading, communications, and connectivity solutions to our clients is a vital part of IPC’s role in the global financial markets, and we look forward to continuing to innovate in this rapidly evolving space.”

For years, IPC’s Unigy® platform, with over 110,000 users, has been globally recognized as the industry’s best trading communications solution. It is a widely adopted, secure, compliant, end-to-end solution purpose-built to address the specific needs of the global financial markets community and seamlessly interoperates with IPC’s diverse Connexus® Cloud financial ecosystem of over 7,000 client locations in more than 750 cities throughout the world. Connexus Cloud is an award-winning multi-cloud platform, and the world’s top financial institutions rely on Connexus Cloud for order creation, order placement, trade execution, market data delivery, clearing, settlement, and accessing both trade life cycle services and influential marketplaces.

Recently, IPC pulled together its two flagship offerings—the Unigy platform and the Connexus Cloud ecosystem—to create Connexus Unigy. Connexus Unigy is a dedicated private cloud delivery of the industry’s leading platform, which facilitates compliant trader and regulated user communications, enterprise ecosystem integration, high touch, and low touch enablement.

Hosted by Markets Media, the European Markets Choice Awards (MCAs) recognize excellence and identify the leading companies in institutional trading and technology. The MCAs span the entire financial markets ecosystem – buy-side firms, sell-side firms, liquidity venues, technology leaders, service providers, emerging Fintechs, and entrepreneurs. The organizers evaluated achievements over the past year, innovative contributions to the industry, and future vision. The nominations were generated by the industry and the methodology for choosing winners was based on reviewing submissions, market information, and consultations with a wide range of market experts.

About IPC

IPC 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. Visit ipc.com and follow us on LinkedIn and Twitter (@IPC_Systems_Inc).

Certain statements contained in this press release may be forward-looking statements. Any forward-looking statements are based on current expectations, assumptions, estimates, and projections and involve known and unknown risks and uncertainties. Therefore, actual results may differ materially from any future results expressed or implied by these forward-looking statements.