IPC Wins Three Awards, Including ‘Best Sell-Side Technology Provider’ For Second Year in a Row, in the 2021 Sell-Side Technology Awards

LONDON and NEW YORK, April 13, 2021 – IPC, a leading provider of secure, compliant communications and multi-cloud connectivity solutions for the global financial markets, is delighted to announce it has won three awards in WatersTechnology’s Sell-Side Technology Awards 2021:

  • Best Sell-Side Technology Provider
  • Best Sell-Side Trading Communication System for IPC’s Unigy®
  • Best Alliance or Partnership for IPC and OpenFin’s collaboration

This is the second year in a row that IPC has won the “Best Sell-Side Technology Provider” award in this prestigious program.

“At IPC, we are always striving towards making the sell-side trading environment efficient and productive for market participants,” said Bob Santella, Chief Executive Officer, IPC. “This is why we are honored and thrilled that IPC has been recognized for not only providing the best technology and industry-leading platforms, but also for our efforts in working collaboratively with our strategic partners.”

Santella added: “As the industry evolves and adapts to the rapidly changing trading environment, IPC is continually proud to be able to design innovative solutions and enhance our existing offerings to meet the global financial industry’s exacting needs.”

For years, Unigy has been globally recognized as the industry’s best trading and communications platform. 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 financial ecosystem of over 7,000 customer locations in more than 750 cities throughout the world.

Furthermore, IPC’s recent strategic partnership with OpenFin is another example of the company embracing collaboration and is further testament to IPC always being determined to meet the everchanging needs of the market in innovative, effective ways.

“As end users are demanding more flexibility and interoperability, the judges were most impressed by what IPC is doing with the pairing of its Connexus Cloud offering and the Unigy communication and application platform, as well as its partnership with OpenFin,” said Anthony Malakian, Editor-in-Chief, WatersTechnology Group.

Hosted by WatersTechnology, the Sell-Side Technology Awards recognize the leading technologies and third-party vendors in their area of expertise, through an auditable and transparent methodology developed and managed by WatersTechnology’s senior journalists.

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.

Traders Q&A: Relocating Exchanges

First published: Traders Magazine / April 2021

What financial exchanges are contemplating moving jurisdictions, and why?

It’s public knowledge that financial exchanges on both sides of the Atlantic Ocean are at least discussing the possibility of relocating to new jurisdictions, albeit for different reasons. In the United Kingdom, exchanges are concerned about the regulatory implications of “Brexit,” and have said they’re researching the process of shifting operations to mainland Europe. In the United States, financial transaction taxes are being debated at the state level currently, such as in New York, and exchanges are considering moving should those taxes be implemented.

Read more: https://bit.ly/3dUomY6

IPC adapts business lines for interoperability push

First published: WatersTechnology / March 2021

Going are the days where capital markets firms expect a trading platform
—and any other platform they deal with, for that matter—to be a closed off system. Instead, banks and asset managers now expect more of
these same systems to interact seamlessly with other systems they deal
with.

While interoperability can mean different things to different people, the
idea is that banks and asset managers want to move towards a more
open ecosystem where different applications can talk to each other.

Speaking on a panel during the recent WatersTechnology Innovation
Exchange, Kim Prado, global head of client insight, banking, and digital
channels technology for RBC Capital Markets, said, “If you’re a platform
out there and you’re listening today, I am begging you to create
components [that are separated] and simplify our ability to interact with
you.”

Read more: https://bit.ly/3cAL5su

FX Business Resilience – Planning Taking steps to maintain your mission critical operation

First Published: e-Forex Magazine / March 2021

It’s not an understatement to say that the foreign exchange (FX) industry has had to fundamentally rethink its definition of, and approach to, business continuity planning (BCP) and disaster recovery (DR) over the course of the last year. While the same is certainly true for other asset classes, FX markets are of critical importance to the real economy, a fact highlighted by the Covid-19 pandemic. FX is also an asset class of strategic importance to IPC, due to its sheer size and the corresponding scale of our clients’ FX activities. This is evidenced by the most recent BIS 2019 Triennial Survey, which continues to show exponential market growth – April 2019 estimated trading in the FX markets was $6.6 trillion per day, up from $5.1 trillion three years earlier, and has only grown since then.

Read more: https://bit.ly/3w4j8Bj

Managed cloud solutions for FX: Increasing operational agility and reducing costs

First Published: e-Forex Magazine / March 2021

The pace of change to cloud services has been gathering for some time and is now accelerating. In research commissioned by Integral, a Palo Alto, California headquartered cloud-based eFX technology provider, nearly all respondents believed that the cloud would be used in their workflows in the next five years.

The research was conducted by FX Markets on behalf of Integral between September last year and January. It surveyed 94 heads of FX trading and senior FX managers in banks and buyside institutions around the globe. It found that 69 per cent of respondents expect their FX trading flows to be either entirely in the cloud or to use a hybrid of cloud and on-premise solutions within five years.” The report found that 45 per cent of respondents were not using the cloud at all at present and this figure would dramatically reduce to only 2% within five years. Speaking to e-Forex, Integral’s chief revenue officer Vikas Srivastava commented, “Respondents signalled the expected shift to cloud is driven by lower cost of technology, ease of integration, ability to customize, and accessibility for distributed workforces. Looking ahead, we expect that the increased use of cloud will help market participants of all shapes and sizes perform their FX functions on a daily basis cheaper and more efficiently with necessary access to sophisticated workflow.”

Read more: https://bit.ly/31siHmf

The Impact Of Brexit On The UK’s Fintech Industry

First Published: Finance Monthly / March 2021

In recent years, the fintech industry has become an important focus for the UK, with the sector going from strength to strength. By the end of 2019, the UK’s fintech sector was worth £11 billion in revenues, and accounted for roughly 8% of total financial services output. Adding to this, 44% of fintech companies that are based in Europe and valued at over $1 billion are based in the UK, while the UK continues to gain new investment in the fintech sector…

Read more: http://bit.ly/38NweJ3

IPC Systems Wins Second Consecutive FinTech Breakthrough Award

NEW YORK, March 16, 2021 – IPC, a leading provider of secure, compliant communications and multi-cloud connectivity solutions for the global financial markets, today announced that its Connexus® Cloud solution has been selected as winner of the “Best Cryptocurrency Information Source” award in the fifth annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

IPC sits at the hub of the worldwide financial markets through the Connexus Cloud ecosystem, an unparalleled trading network connected to more than 7,000 capital market participants across 750 cities in 60 countries worldwide. Sell-side firms, buy-side firms, inter-dealer brokers, liquidity venues, energy firms, trade lifecycle providers, and market-data, as well as clearing and settlement firms, currently rely on the Connexus Cloud platform from IPC for trade execution, order routing, market data delivery, and more for traditional assets.

Connexus Cloud enables the seamless trading of digital assets through partnerships with a host of providers worldwide. These include Omniex, LMAX Digital and Gemini, institutionally focused investment and trading platforms for digital assets that have been integrated into the overarching Connexus Cloud offering. Such a broad range of options for digital asset trading affords financial institutions instant connectivity and access.

In addition, ICE Data Services’ Cryptocurrency Data Feed, which streams real-time and historical data for the most actively traded digital currencies globally, along with the CME CF Cryptocurrency Indices, are also part of Connexus Cloud.

“IPC is empowering the global financial community with a breakthrough platform for information exchange and collaboration in the financial markets, allowing users to access the latest information on digital asset trends and pricing,” said James Johnson, Managing Director, FinTech Breakthrough. “After receiving the honor of being named last year’s winner, IPC has continued to expand its cryptocurrency offerings on its Connexus Cloud platform and we are pleased to recognize the whole team, once again, with our ‘Best Cryptocurrency Information Source’ award for 2021.”

The FinTech Breakthrough Awards is the premier awards program recognizing FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more. The 2021 FinTech Breakthrough Award program attracted more than 3,850 nominations from across the globe.

“In this tumultuous time, this consistency and ability to serve means more than ever before and IPC will continue to uplevel its cryptocurrency offerings in the years to come,” said Bob Santella, Chief Executive Officer, IPC. “Being singled out by FinTech Breakthrough again this year lends credence to our vision, our efforts and our dedication to our network of clients and partners. We are absolutely thrilled to receive this 2021 FinTech Breakthrough Award.”

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. Actual results may differ materially from any future results expressed or implied by these forward-looking statements.

 About FinTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.

The Future of Work

First Published: Digital Bulletin / March 2021

Following its partnership with GreenKey Technologies, IPC recently rolled out its data visualization tool – Blotter – which utilizes natural language processing and machine learning technology. Digital Bulletin speaks to Tim Carmody, IPC’s Chief Technology Officer, to learn more about how NLP is revolutionizing the financial services industry and what the technology holds for the future.

Read more: http://bit.ly/3sC8IWN

Three Predictions for the City of London in 2021

First Published: Global Banking and Finance Review / February 2021

If CIOs in the City of London were asked at the beginning of 2020 about their biggest concerns for the coming year, they likely would have answered: regulation, followed closely by operational efficiency improvements and the challenges of adopting new technologies. These issues undoubtedly remain important for 2021, but the post-pandemic city now has very different priorities. These three in particular stand out…

Read more: https://bit.ly/37SnHnH

Trading Rooms of the Future – IPC’s Outlook for 2021

First Published: Finance Derivative / February 2021 

The Covid-19 pandemic did not just affect our clients. As soon as the virus started to spread around the world and lockdowns started to come into place, it became apparent here at IPC that we would need to implement our own business continuity plan and work from home strategies. All of this had to take place on an incredibly tight timescale and to an unprecedented extent. We had to react and adapt faster than ever before in order to help our clients prepare for lockdown. There was a need to manage supply chains, gather client feedback, and produce updates for our products with increased levels of accuracy, clarity, and efficiency.

Read more: http://bit.ly/3cSGuCQ