IPC’s Unigy Wins Infrastructure Technology Award at Singapore Business Awards 2020

SINGAPORE – June 8, 2020 – IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced that its Unigy solution has won the Infrastructure Technology Award for financial services in the Singapore Business Review’s Technology Excellence Awards 2020.

“We are honored that, year after year, our Unigy platform is recognized by industry leaders, customers and partners,” said Bruce Maslen, Vice President, Asia-Pacific Sales, IPC. “As the industry continues to evolve, we are continually designing new solutions and developing our offerings to meet the evolving needs of financial organizations. Unigy is a prime example of our focus on making the trading environment more efficient and productive through a unified communications platform.”

Unigy is a widely adopted, secure, compliant, end-to-end solution purpose-built to address the specific needs of the global regulated financial markets community. With more than 110,000 users, Unigy has experienced robust growth in installations over the past year and seamlessly interoperates with IPC’s Connexus financial ecosystem – consisting of over 6,600 market participant locations in 750 cities around the world – with access to other industry-leading partners and providers.

The unified communications platform provides financial organizations greater control, reliability, and a fully effective integrated communications solution with a broad array of capabilities for the surveillance, management and maintenance of a firm’s trading communications infrastructure.

Market participants interested in speaking to IPC’s subject matter experts can schedule a meeting with our teams here.

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).

The Technology Excellence Awards, presented by Singapore Business Review, was held via video conferencing throughout the first and second week of June.

This year’s nominations were judged by a panel consisting of Daryl Pereira, Head of Cyber at KPMG; Cheang Wai Keat, Head of Advisory Services in Singapore and ASEAN Technology Consulting Leader at Ernst & Young; Chin Chee Choon, Advisory Leader and Assurance Director at Nexia TS; Rizwi Wun, Partner, Acting Head of Intellectual Property and Technology Practice Group at RHTLaw Asia; Carolyn Chin-Parry, Managing Director and Digital Accelerator Leader at PwC.

IPC Announces Major Expansion of Connexus Cloud in Asia Pacific

Hong Kong – May 29, 2020 – IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announces a major regional expansion of its Connexus Cloud platform in the Asia-Pacific region. Connexus Cloud now directly connects global financial market participants to some of Asia’s key liquidity venues such as:

  • APEX – Asia Pacific Exchange
  • ASX – Australian Securities Exchange
  • Chi-X Japan
  • Hong Kong Exchanges
  • Indonesia Stock Exchange
  • JPX – Japan Exchange Group
  • Philippines Stock Exchange
  • Singapore Exchange
  • Stock Exchange of Thailand
  • Taiwan Stock Exchange

“The strength of the Connexus Cloud financial ecosystem is not only technological but also strategic for both Asia Pacific investors and global financial market participants,” said Mark Curran, Vice President, Network Operations, Asia Pacific, IPC.”

IPC continues to expand its Asia-Pacific capital markets reach and connectivity with a managed Network-as-a-Service model, presenting market participants with adaptive and on-demand connectivity crucial to the communication needs of trading firms in the region and globally. Connexus Cloud offers a purpose-built financial cloud ecosystem focused exclusively on the capital markets, along with a “follow-the-sun” customer service support linking Asia to the global financial markets. IPC recognizes the need to interconnect global financial centers for end-to-end service level consistency bringing local support in local languages to trading firms throughout the Asia-Pacific region.

IPC’s Connexus Cloud is an unparalleled private, secure cloud solution for the global financial markets. By providing and integrating private and hybrid clouds, and enabling secure access to over 550 public clouds.

Connexus Cloud empowers the use of cloud for secure, high-performance data and voice communications. This includes optimized deliveries for blockchain, market data and transactions. The Connexus Cloud multi-cloud platform links together the global capital markets with sell-side and buy-side firms, inter-dealer brokers, liquidity venues, energy firms, trade lifecycle providers, and market-data vendors as well as clearing and settlement firms. They are interconnected in an ecosystem of more than 6,600 capital market participants across 750 cities in over 60 countries across the globe.

IPC has offices throughout the Asia Pacific region, including Beijing, Hong Kong, Kuala Lumpur, Melbourne, Mumbai, Seoul, Shanghai, Singapore, Sydney, and Tokyo.

Market participants interested in speaking to IPC’s subject matter experts can schedule a meeting with our teams here.

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. These statements may be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “should” or “will” or similar terminology. Any forward-looking statements are based on current expectations, assumptions, estimates and projections. Such forward looking statements involve known and unknown risks and uncertainties, many of which are beyond our control. Actual results may differ materially from any future results expressed or implied by these forward-looking statements.

IPC Announces Major Expansion of Connexus Cloud by Providing Access and Hosting Capabilities to Taiwanese Financial Markets

HONG KONG, May 20, 2020 – IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announces a major regional expansion of its Connexus Cloud platform in the Asia-Pacific region. Connexus Cloud now directly connects global financial market participants to the Taiwanese Financial Markets.

In conjunction with global carrier partners, IPC provides colocation, connectivity, and access to market data for the global financial markets community.

In response to the implementation of continuous matching and expanded order types by the TWSE effective from 23 March 2020 and resulting client requirements, IPC is pleased to extend connectivity and hosting services to the CHT Banqiao Proximity datacenter as part of its global platform.

“The strength of the Connexus Cloud financial ecosystem is not only technological but also strategic for both Asia-Pacific investors and global financial market participants,” said Mark Curran, Vice President, Network Operations, Asia Pacific, IPC.” He added, “By providing access and hosting capabilities in the region, IPC enhances the ability of investors to successfully execute trades, source liquidity and managed risk by having reliable connectivity throughout the trade lifecycle and access to a diverse ecosystem of market participants.”

IPC continues to expand its Asia-Pacific capital markets reach and provides international connectivity to Taiwan with a managed Network-as-a-Service model supporting market participants with adaptive and on-demand connectivity crucial in the region and globally. Connexus Cloud offers a purpose-built financial cloud ecosystem focused exclusively on the capital markets, along with a “follow-the-sun” customer service support linking Asia to the global financial markets.

Connexus Cloud is an unparalleled multi-cloud platform for the global financial markets, an ecosystem that interconnects more than 6,600 diverse capital market participants across 750 cities in over 60 countries. The Connexus Cloud suite of mission-critical managed solutions includes services such as, Connexus Extranet, Connexus Ethernet, Connexus WAN, and Connexus Hub, which facilitates a flexible model for services with global availability at premier colocation facilities.

With major offices throughout Asia Pacific, including Beijing, Hong Kong, Kuala Lumpur, Melbourne, Mumbai, Seoul, Shanghai, Singapore, Sydney, and Tokyo, IPC recognizes the need to interconnect global financial centers for end-to-end service level consistency bringing local support in many languages to trading firms.

Market participants interested in speaking to IPC subject matter experts about Connexus Cloud can schedule a meeting with us. We also encourage you to learn more at www.ipc.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).

Certain statements contained in this press release may be forward-looking statements. These statements may be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “should” or “will” or similar terminology. Any forward-looking statements are based on current expectations, assumptions, estimates and projections. Such forward looking statements involve known and unknown risks and uncertainties, many of which are beyond our control. Actual results may differ materially from any future results expressed or implied by these forward-looking statements.

COVID-19 – The Impact on Trading, Now and in the Future

First Published: Hubbis / May 2020 

Amid the tenure of the Covid-19 pandemic, Bob Santella, the Chief Executive Officer of IPC Systems shares his insights on the impact the virus has had on the globe, noting the challenges being faced by financial institutions, the vital importance of liquidity, what the future may hold, and the movement of digital solutions into the limelight as the world rides out its almost-universal state of quarantine.

Bob Santella, Chief Executive Officer, IPC

The Covid-19 pandemic poses one of the greatest health threats to the global population in a generation. Our thoughts are with the first responders and healthcare workers who are on the front lines, battling the virus every day in their communities. This is a pandemic that has touched every one of us: our families, our businesses, our communities and our very way of life.

Amidst this crisis, the function of the financial markets in sustaining world trade, commerce and supply chains – in other words, the role that it plays in ensuring that workers get paid, that people can buy food, and that they can continue to access healthcare and medicines – is ever more visible and vital. I’m proud to see so many of our fellow market participants and service providers pulling together to support one another, and to support our economies and workers, in these challenging times.

Throughout our history, IPC has built its reputation on providing high-quality services to financial market participants – including the support that they need to ensure effective business continuity during times of crisis or disasters. Now, with the virus simultaneously impacting all major trading locations, we face the unprecedented challenges associated with most financial institutions having a large percentage of their staff working in isolation from home.

Reassuringly, through all of this, we have not seen the same freezes in liquidity that characterised the global financial crisis. This should give us all – whether financial institutions, regulators or policy makers – greater confidence in the resilience of the measures that have been implemented around systemic risk and the robustness of systems, processes and controls. Secure and resilient networks that meet these compliance requirements can provide much-needed support. Those market participants who have prepared for a digitally connected decentralised world are far more likely to experience better performance as a result of their more robust business continuity capabilities.

During stressed market conditions, the ability to have access to the right network and counterparties to find liquidity is absolutely vital. Large networked communities create resilience. A successful community network offers its participants connectivity to a readymade and diverse global financial ecosystem. The constant streams of communication between community members – orders, quotes, confirmations, post-trade data – all rely on common interfaces and protocols, and on the underlying infrastructure that supports these. Speed is of the essence, not only in the timing of individual trade executions, but also in the ability of firms to quickly connect to new market participants. And the role of voice trading is critical – the ability to pick up the phone and speak to a trusted counterparty.

Prior to Covid-19, many of our customers in the Asia-Pacific region had already experienced impacts to their working practices due to the protests in Hong Kong. We have been able to apply this experience when working with our customers as the pandemic spread to the US, Europe and other regions. Our products such asIQ/MAX® Omni, Remote Devices, EVS as a Service and Disaster Recovery as a Serviceoffer secure remote working capabilities for traders while maintaining compliance in the trading workflow. We’ve had to move faster than ever in order to help our clients ready themselves for lockdown; recently, we supported 1000 soft client licenses over a single Sunday night. Market participants have done a remarkable job in moving quickly, and in ensuring the stability and resilience of their systems.

And what of the post-crisis future? Our view is that this experience has accelerated the adoption of cloud in the financial markets. With a renewed emphasis on disaster recovery and business continuity, and as IT infrastructure increasingly becomes commoditised, we will see more CIOs of financial institutions shifting their attention toward finding services that enable them to plan, procure, and orchestrate cloud services from multiple vendors, across a mixture of public and private clouds, from a single pane of glass.

We see voice trading continuing to play an essential role in times of market turbulence. The transition to a cloud-based environment will be more than a tactical response. It represents a long-term shift in how trading floors will evolve towards greater interoperability and flexibility. Voice trading remains the industry’s largest source of unstructured data, and having the capability to digitise voice data will be key for both strategic and compliance purposes. Constant innovation is the key to success. It is clear that this crisis has accelerated digital transformation efforts, where the impact will continue to be felt well into the future.

How Financial Markets are Maintaining Resilience During COVID-19

First Published: A-Team Insight / May 2020

We are indeed living through unprecedented times, with the COVID-19 virus impacting all major trading locations around the globe simultaneously. Traders at financial institutions may already be working at home in self-isolation, or else unable to work as they are ill. Others, able to travel and classified as essential workers, have opted for your disaster recovery site instead.

The diminished and dispersed trading-from-home workforce is creating increasingly complex scenarios for your Compliance Departments to manage. How do they continue to comply with prescriptive requirements around voice recordings and data capture? What happens when regulated trading activity – that in all ordinary times, must only be undertaken from official premises, and under strictly controlled conditions – is happening out of someone’s living room?

Data Challenges

Even before the ongoing health crisis, remote and mobile workforces were clearly the direction almost every industry was headed. However, the financial sector has to-date understandably been stymied by regulatory and security hurdles.

Virtual working opens a myriad of data security risks, including scams like phishing, ransomware, and skimming. Especially considering this may be the first-time employees have worked from home, or the first time for institutions enacting a remote-work policy, so many are still acclimatizing to new protocols. There are also huge compliance implications that financial institutions need to overcome.

Maintaining Resilience in a New Era

No doubt, these are extraordinary times. In the FICC markets, we are seeing incredible volatility in Treasury yields. There are heavy fluctuations in pricing, spreads are widening and it’s unclear where the liquidity really lies, yet financial institutions must continue servicing clients, discovering prices, accessing liquidity and managing risk.

For firms that are highly dependent on a small group of venues and counterparties for market access, it is troubling times indeed. But for those with access to a large, diverse community, this could be an opportunity to generate alpha and distinguish themselves from the competition.

Large networked communities create resilience. A successful community network offers its participants connectivity to an established, diverse and global financial ecosystem – one that includes a wide variety of counterparties for price discovery, liquidity and execution, such as brokers, dealers, inter-dealer brokers, exchanges, dark pools, hedge funds, asset managers, institutional investors, trade lifecycle services and market data providers. In other words, the information that firms need to find liquidity, and the ability to access it.

Secure and resilient networks that meet every compliance requirement can provide much-needed support. Those of us who have prepared for a digitally connected decentralized world will certainly do well and probably maintain business continuity.

The pandemic has touched every one of us: our families, our businesses, our communities, and our very way of life. In the chaos, the role financial markets play in underpinning world trade, commerce and supply chains – in other words, the role that they then play in ensuring that workers get paid, that people can buy food, that they can continue to access healthcare and medicines — is becoming crystal clear. In fact, several governments around the world have classified many financial services workers as essential. And, I’m proud to say that it appears market participants and their service providers are pulling together to support one another amid the emerging challenges.

Wall Street will never be the same after the coronavirus

First Published: CNBC / May 2020 

Our CEO Robert Santella is featured in a major story in CNBC on how Wall Street will ‘never be the same’ after the Coronavirus, alongside industry leaders from Goldman Sachs, Barclays, and Morgan Stanley. He says: “Some portion of our workforce won’t need to come back to the office on a full time basis. This intermediate period could last 12 months or longer, meaning that people will continue to rely on tech platforms rather than face-to-face contact.”

Full article: https://cnb.cx/3aUbIof

Banks set to downsize office models

First Published: IFR/April 2020

Our CEO Robert Santella is featured in this major piece in Refinitiv‘s International Financing Review – the leading source of fixed income markets news and commentary – on the future of bank trading room models after the COVID-19 pandemic.

The article highlights the over 10,000 IPC soft turrets deployed globally in the last six weeks, and quotes Santella saying: “Banks are starting to realize that the trading floor will not look the same as when they left…Companies are now thinking about instituting some form of social distancing on the trading floor…that will have an impact on both floor density and capacity.”

Full article: https://bit.ly/3cXvjVX

COVID-19 Pandemic Accelerates Fintech Industry’s Transformation to the Cloud, According to Tim Carmody, CTO at IPC, a Network Solutions Provider for Financial Markets

First Published: Crowdfund Insider/April 2020

Tim Carmody, the chief technology officer at IPC, a global provider of communications and networking solutions for the financial markets, recently shared his views and insights with Crowdfund Insider.

Carmody, who has several decades of experience in designing and leading complex technology solutions for the international trading community, discussed how businesses are coping with the ongoing Coronvirus (COVID-19) outbreak. He also talked about the latest Fintech trends.

Crowdfund Insider: What is the current state of financial trading during the COVID-19 pandemic?

Tim Carmody: “We are living through an unprecedented, largely unimaginable black swan event, in which an outbreak is simultaneously impacting all major trading locations around the world.

With regards to BCP (business continuity procedures), many financial institutions do have a physical, backup location in certain regions, but these were primarily intended for localized events and in some cases, augmented across regions.

But most of these plans are predicated on traders commuting or traveling to a firm’s location. Generally, alternative trading locations are, by design, quite a distance from the usual offices, so there are logistical efforts with just getting the employees there. Even if you can, you have to incorporate social distancing rules at that backup location, reducing capacity and efficiency.

Increasingly — and as quarantines continue to be extended — financial institutions have been implementing remote work / work-from-home solutions using the power of a variety of solutions, such as software, VPNs and cloud technology. These previously existed but rolling them out en masse, quickly, with the workforce already dispersed, is of course an enormous undertaking. IPC teams have been working around the clock due to the surge in requests.”

Crowdfund Insider: Can you offer any stats on the increase in requests?

Tim Carmody: “Since the beginning of March, IPC has opened several thousand remote positions as financial services professionals have been forced to leave their offices. We have seen a 45% increase in customer activity, which is all related to remote working solutions.”

Crowdfund Insider: What are some of the challenges with remote work in finance currently?

Tim Carmody: “Of course, security is always a challenge, as remote working solutions are providing access to the myriad systems a trader needs to trade effectively and compliantly. Technologically, IPC is able to address many of these challenges.

One issue is whether a client wants a physical device or a “soft client” (software) platform for their traders. IPC has helped different customers adopt both approaches, providing optimized configurations, guidelines and tools for remote physical devices as well as IPC or partner software solutions.

Our software-only and cloud offerings can be installed on user equipment, and obviously there’s no shipping. Enterprise-wide, cloud-based solutions enable access to trading capabilities anywhere and anytime by recreating a trader’s turret on their screen. While it can’t quite replicate every bell and whistle of a physical turret, ‘soft clients’ do provide significant functionality.”

Crowdfund Insider: Another challenge is ensuring you have access to your community of counterparties, all of whom are also facing challenges in implementing BCP or remote working.

Tim Carmody: “Honestly, the concerns we’re hearing the most from our clients are with respect to their legal departments’ concerns with various regulatory provisions and how best to address them during this unprecedented crisis. But, we’re able to work with our clients and customize the platforms however they’d like.”

Crowdfund Insider: Who are the clients requesting remote work products?

Tim Carmody: “It really runs the gamut — banks, brokers, dealers, inter-dealer brokers and the buy-side. I can say we have implemented remote work solutions for some of the largest multinational financial firms in the world.”

Crowdfund Insider: What types of remote-work products are customers requesting specifically?

Tim Carmody: “We offer several solutions for remote work, including IQ/MAX Omni, which is a remote soft turret solution that provides access to a client’s IPC Unigy system. IPC’s Connexus Cloud private network enables the largest community of voice trading connections and counterparties with Connexus Voice / Enhanced Voice Services with advanced BCP and resiliency.

Also, right before the coronavirus outbreak we launched jointly with our strategic partner Cloud9 Technologies Disaster Recovery as a Service, which is a voice SaaS (Software as a Service) solution that is integrated with Connexus Voice and allows traders to access a virtual trading desk from any location. As mentioned, we have been working with customers with optimized remote turret support for our industry-leading IQ/MAX Touch to any remote location via their firm’s internal VPN capabilities.”

Crowdfund Insider: What is the future of remote work in finance?

Tim Carmody: “Even before the COVID-19 pandemic, remote and/or mobile workforces were clearly the direction almost every industry was headed given the huge advances we’ve seen in enterprise-cloud technology. The financial sector has been slower to adopt them, understandably, given the extra regulatory and security challenges, but really all the COVID-19 pandemic has done is accelerate the industry’s transformation to the cloud, an already ongoing trend.

Although many financial services professionals will of course return to their offices at some point, I suspect some will continue to work remotely even after this emergency ends.”

Why the subscription economy will be your company’s future

First Published: Best Execution/April 2020

Over the past decade, businesses and consumers have undergone a seismic shift in the way that they transact with one another. It’s actually a change so fundamental that it is impacting the very way in which we as individuals think about and relate to the concept of ownership and possessions. It has the potential to completely revolutionize the way that businesses operate, and upends traditional thinking around permanent fixed costs in critical infrastructure. Firms that fully embrace this change can totally transform their approach to innovation and to delivering customer value. It’s the subscription economy – and it’s going to be your company’s future.

The way we were…

As recently as ten years ago, if you or the CTO / CIO of your firm needed access to a certain software application in order to run your business, you would buy as many licenses as you needed. These would be valid for a specific version of the software. When the software required upgrading, you’d be notified, and required to pay an upgrade fee or – in the worst case – to purchase a new license. The new software would need to be downloaded and installed, and then retroactively tested against all of your existing core systems and applications. Inevitably, there would be compatibility issues, with key features your systems had long depended upon being dropped from the latest iteration, or else certain new features not being “backward compatible”.

New and expensive hardware and servers would be required to support the “enhanced features” used by the supplier to justify higher fees. Your in-house systems would need to be migrated across to the new servers as well. The entire undertaking could require mobilization and deployment of huge teams of consultants with all their attendant cost overheads. New business initiatives could be put on hold for months, pending completion of the upgrade, and costing you valuable time to market and customer satisfaction. And all this, just to end up pretty much where you had been at the beginning but running on the latest version and with new bugs to patch and fix along the way.

I don’t need to spell out the many ways in which this expensive cycle spelled disaster for agile financial markets participants with forward-thinking approaches to innovation and market access. This is self-evident.

A paradigm shift in service consumption

Fast forward to 2020, and let’s take the case study of an innovative challenger – a market maker, for example – wanting to come to market. The CTO / CIO’s first action will be to identify the set of hosted infrastructure providers that they will use. This could be a combination of cloud providers, such as AWS, Microsoft Azure and Google Cloud. They will start off using the minimum resources possible, secure in the knowledge that, as they grow, they can easily and cost-effectively scale their resource requirements upwards on the cloud. There’s no need to know upfront what their maximum capacity will be; in this way, they can grow without limit.

They will also want to on-board to a networked community through which they can easily connect to and access other market participants – whether they be clients, counterparties, market data providers, trading platforms, exchanges… the list goes on. For their in-house toolset to support operational functions, such as CRM, they’ll choose Software-as-a-Service (SaaS) offerings off the shelf. Again, they can scale up and down as they need to. When the time comes for these SaaS packages to be upgraded, the experience will be seamless. As nothing is locally installed, it’s the SaaS provider’s responsibility to ensure that all data is migrated and that all required functionality is backward compatible.

This even extends to office space and office equipment. Rather than making an initial outlay on an expensive multi-year lease, uncertain of longer-term capacity requirements, our challenger can take flexible office space from one of the many suppliers on the market. These will come with the basic amenities and equipment that they need – nobody needs to waste their time managing the printer and water cooler leases any longer!

What’s changed?

What does this mean for our challenger? It means that their barriers to entry are drastically lowered, along with their set-up costs and time to market. Their focus can be on their core business, and on hiring and retaining the right people to drive that core business forward, without the distractions of managing non-core systems. They can scale up and down flexibly on demand and have shorter innovation cycles, with new features launching more quickly and inexpensively. They have an enormous and extraordinary advantage over their incumbent counterparts. This is the future, and we all need to embrace it.

Ownership is a great model for assets that appreciate in value over time. In the case of technology, whether it be hardware or software, these are assets that depreciate in value over time. Subscribing to these as a service therefore eliminates exposure to the downside of depreciation and gives all the upside of continuous improvement. The subscription economy – of which SaaS, PaaS, IaaS and cloud are all enablers – is transforming the way in which we consume services. The benefits that it brings to subscribers cannot be understated.

What can IPC offer?

At IPC, we understand that, in the brave new subscription economy, the key differentiators for providers are the strength of our relationships with our clients, and the quality and responsiveness of our services. Our customer-focussed culture means that we are continuously seeking opportunities to improve our offerings. We recognise the importance our clients place on market access and speed to market. We combine the power of a subscription-based model with an ever-growing and evolving networked community of global financial markets participants, to create a powerful and market-leading value proposition for our clients.