IPC: Strong Infrastructure Is Needed To Enable LatAm Fintechs To Continue To Grow

First Published: The Fintech Times, September 26, 2021

Within the last year, IPC has made major inroads in the Latin America market due to the region’s explosive growth, and related need for financial services technology. For example, IPC continues to expand Connexus Cloud’s reach geographically, such as a major Connexus expansion in Latin America in Q4’21; Connexus Cloud is now directly connected to some of the region’s largest exchanges and regulatory bodies, such as B3, Bolsa Mexicana de Valores, Bolsa de Valores de Colombia, Bolsa de Santiago, Bolsa de Valores de Lima, BYMA, Bolsas y Mercados Argentinos, Matba Rofex.

Read more: https://bit.ly/2Zyowk9

IPC Named to the 2021 IDC Financial Insights FinTech Rankings

NEW YORK, September 13, 2021 – IPC, a leading provider of secure, compliant communications and multi-cloud connectivity solutions for the global financial markets, today announced that it was ranked 46th on the 2021 IDC FinTech Rankings. The 18th annual vendor ranking represents the leading hardware, software and service providers to the financial services industry globally.   

“IPC provides some of the largest financial institutions in the world with the cutting-edge solutions and support they need to stay competitive,” said Bob Santella, Chief Executive Officer, IPC. “Our continued inclusion on the IDC FinTech Rankings is illustrative of our steadfast commitment to the global financial markets.” 

IDC Financial Insights forecasts global spending on financial services IT across the globe to be $590 billion (USD) by 2025. To meet this demand, IPC has a wide array of products and solutions that power the financial markets worldwide. These offerings include Connexus Cloud, an unparalleled, award-winning multi-cloud platform that interconnects more than 7,000 diverse capital market participants across 750 cities in over 60 countries, as well as Unigy, the industry-leading platform purpose-built to enable mission-critical trading communications. 

The annual IDC FinTech Rankings have become an important measure of the health and direction of technology in the industry, and the emergence of innovative solutions from new players. In addition, the IDC FinTech Rankings serve as a critical tool for financial services institutions to use during strategic planning, and to review whenever they consider new investments in third-party solutions.  

“Being named in the IDC FinTech Rankings is a significant accomplishment, demonstrating a provider’s commitment to the success of its financial institution clients,” said Marc DeCastro, Research Director, IDC Financial Insights. “The IDC Fintech Rankings, now in its 18th year, is the global standard list of fintech providers to the industry, and we congratulate the 2021 winners.” 

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 IDC Financial Insights 

IDC Financial Insights assists financial service businesses and IT leaders, as well as the suppliers who serve them, in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. Staffed by senior analysts with decades of industry experience, our global research analyzes and advises on business and technology issues facing the banking, insurance, and securities and investments industries. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology market. IDC is a subsidiary of IDG, the world’s leading technology, media, research, and events company.   

 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. 

 

IPC Point of Trade Voice Transaction Data to be Integrated with Overbond AI Algos Powering Automated Fixed-Income Trading

First Published: Crowdfund Insider, August 23, 2021

Overbond is teaming up with IPC, a provider of secure, compliant communications and multi-cloud connectivity services for the international financial markets, in order to integrate IPC’s point-of-trade voice transaction data into Overbond’s AI algorithms “powering automated fixed-income trading.”

Read more: https://bit.ly/3mWa2Eq

Waters Rankings 2021: Best Trading Floor Communication System Provider—IPC Systems

First Published: WatersTechnology, August 26, 2021

“We are honored that IPC’s Unigy platform is being recognized for the 16th consecutive year by such an acclaimed industry body. As the markets demand more nimble, flexible and scalable solutions, Unigy continues to empower traders and all regulated users by serving their mission critical communications and collaboration needs. Unigy makes the entire trading environment more efficient, robust and productive, using standards-based technology and a services-oriented architecture to bring elasticity and scalability to financial institutions.”

Bob Santella, CEO, IPC

Read more:  https://bit.ly/3yxFAmd

Return to work: What will Trading Floors look like?

First Published: Global Banking and Finance Review, August 16, 2021

As the world begins to consider the ways in which we live and work in the aftermath of the pandemic, we have a wonderful opportunity to take the best elements of remote working and create a new normal which incorporates a healthy work-life balance. Financial services organizations could achieve this through the creation of distributed hub-and-spoke offices, in addition to installing the appropriate infrastructure for employees to work remotely on a long-term basis. In order for this to come to fruition, the financial services community must overcome the obstacles of guaranteeing resilience, reliability and security, while at the same time complying with strict regulatory requirements.

Read more: https://bit.ly/2VQXR0J

Overbond and IPC Accelerate Automation of Fixed Income Trading with Voice-to-AI Partnership

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). 

IPC To Support Cboe Europe Derivatives Launch

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.