As IPC Systems, Inc. celebrates 50 years as a fintech pioneer in trading communications and connectivity, our CEO Robert Santella discusses how the firm is currently focused on the application of cloud, data and digital technologies.
Celia Dunleavy, Vice President Communications Sales, EMEA at IPC Systems, Inc., and Adam Toms, CEO of OpenFin, offer valuable insights into the collaborative partnership between IPC and OpenFin, highlighting the strategic advantages and synergies that drive their successful alliance.
IPC Systems is a renowned provider of robust and compliant communication and networking solutions tailored to the specific needs of the global financial industry. Their cutting-edge technology facilitates seamless connectivity and collaboration, empowering financial market participants worldwide.
OpenFin is a prominent provider of operating systems designed specifically for financial desktops. Their secure and interoperable platforms facilitate swift development and deployment of cutting-edge financial applications, enhancing user experience, productivity, and collaboration within the industry.
“With IPC Unigy now running on OpenFin, we can bring the different levels of unification on the desktop together. That means that applications can interoperate with each other in a seamless manner, creating very powerful workflows for the end user. Why is that important? It’s definitely going to make a change to productivity, and it’s also going to lower operational risk.” – Adam Toms
“Voice is a much better way to communicate sentiment and to get to a deeper level of analysis … Voice on the trading floor is important – particularly for complex products. During the pandemic, we saw that a lot of voice communities got torn down by big changes in where people were trading from and which platforms they were using to communicate with each other. We see that rebuilding those ecosystems, those communities and those relationships is going to be very important over the next few years.” – Celia Dunleavy
NEW YORK, NY and GLASGOW, UK – June 19, 2023 – Beeks Group, a leading managed cloud computing and analytics provider for the global financial markets and IPC Systems, a leading provider of electronic trading solutions, today announced the deployment of an advanced managed infrastructure-as a-service (IaaS) solution for the JSE. JSE, the largest stock exchange in Africa, can now offer, direct to their own customers, an in colocation branded experience.
“The launch of Colo 2.0 will further entrench our position as a centre of innovation for financial markets on the African continent. We will provide our clients with leading-edge innovative hosting and connectivity solutions for their colocation needs. This collaboration with two global market leaders is paramount to fostering innovation at the JSE,” says Langa Manqele, Head of Equities and Equity Derivatives at Johannesburg Stock Exchange.
The collaboration between Beeks and IPC provides the financial markets with one of the industry’s foremost private and hybrid computing infrastructure offerings, with global availability at premier colocation facilities. Together, they are delivering end-to-end market solutions that syndicate market data and trade lifecycle services with a powerful, purpose-built trading infrastructure in key global markets. The joint solution will enable customer deployments within JSE’s own data centres. JSE’s clients will be able to utilise all the capabilities of Beeks Exchange Cloud and IPC, including on-demand cloud and analytics capabilities.
“Africa is fast emerging as an influential global player and this is a huge opportunity for Beeks, IPC and the JSE to help drive capital markets innovation and development in Africa. By reducing CapEx spend and operational barriers to entry, our flexible solution allows the JSE to offer a branded cloud service in their own facility, and control that infrastructure easily at scale, turning a cost centre into a profit centre. Beeks Exchange Cloud derived from an identified demand from global exchanges for a secure multi-client private cloud environment and we are delighted to share that vision with the JSE and look forward to establishing a long-term and successful relationship”. Gordon McArthur, CEO at Beeks Group.
“This is a major development for IPC and the South African marketplace. The customer reception so far has been tremendous. By leveraging our solution, JSE’s clients can reduce time to market, decrease capital expenditure and ease their dependency on working with multiple vendors. As a continent experiencing rapid transformation and one of the fastest expanding economic regions globally, the role of Africa’s capital markets for economic development has never been more critical. IPC is excited to facilitate that potential with JSE and we look forward to sharing our expertise within the 40+ economies of the region”. Matt Pilkington, Business Development Manager at IPC Systems.
The innovative service empowers the exchange to directly mitigate the often-costly challenges faced by clients, such as monitoring, hosting, maintenance, and time to market concerns. Taking advantage of the benefits of a managed service provider and the infrastructure-as-a-service model, JSE can now offer additional capabilities and further choice to their client base.
Beeks is a leading managed cloud computing and analytics provider for Capital Markets and financial services. Our vision is simple: Build. Connect. Analyse. With a growing international network of data centres, Beeks provides end to end outsourcing of compute environments by delivering low-latency compute and analytics, on-demand. Our cloud-based infrastructure-as-a-service (IaaS) model allows financial organisations the flexibility and agility to deploy and connect to exchanges, trading venues and cloud service providers at a fraction of the cost of building their own networks and infrastructure. ISO 27001 certified, Beeks supports its global customers at scale exclusively within global capital markets and leading financial centres. beeksgroup.com
A specialist technology and service leader powering global financial markets for over 50 years, IPC Systems is at the forefront of electronic trading connectivity and state-of-the-art cloud communications, setting the standard for exceptional service, innovation, and expertise.
IPC’s customer-first approach is bolstered by an extensive and diverse financial ecosystem that spans all asset classes and connects market participants anywhere in the world for enhanced communication, collaboration, and compliance. Global services include electronic trading, trading communications, and infrastructure-as-a-service solutions.
IPC is ideally positioned to anticipate change and remain aligned with rapidly transforming markets, and to empower customers to adapt to change, now and in the future. To learn more, visit www.ipc.com explore our Insights page and follow us on LinkedIn.
The Johannesburg Stock Exchange (JSE) has a well-established history of operating as a marketplace for trading financial products. It is a pioneering, globally connected exchange group that enables inclusive economic growth through trusted, world-class, socially responsible products, and services for the investor of the future. It offers secure and efficient primary and secondary capital markets across a diverse range of securities, spanning equities, derivatives, and debt markets. It prides itself as being the market of choice for local and international investors looking to gain exposure to leading capital markets on the African continent.
The JSE is currently ranked in the Top 20 largest stock exchanges in the world by market capitalisation, and is the largest stock exchange in Africa, having been in operation for 135 years. As a leading global exchange, the JSE co-creates unlocks value & makes real connections happen. www.jse.co.za
New York – June 9, 2023 – IPC, a leading provider of electronic trading, trading communications and infrastructure ‘as a service’ solutions, announced that it has won the TradingTech Insight Awards USA 2023 for Best Cloud Platform for Trading Applications.
Connexus Cloud is an unparalleled multi-cloud solution for global financial markets that connects more than 7,000 capital markets participants – buy- and sell-side firms, inter-dealer brokers, liquidity venues, energy firms, market data sources and clearing and settlement firms – in 750 cities and 60 countries worldwide.
Tim Carmody, Chief Technology Officer, IPC said: “We are delighted that our innovative Connexus Cloud technology and platform has been recognized as a market leader by the financial trading community. IPC is committed to the continuous evolution and improvement of our trading solutions and services, and to providing the highest standards of quality and performance with respect to cloud connectivity and execution. Thanks to the A-Team Group for hosting the awards and to our clients and supporters who took the time to vote for IPC.”
Connexus Cloud facilitates efficient trade execution, order routing and market data delivery, giving consistency and confidence to market participants through secure, reliable connectivity for sourcing liquidity, generating alpha, and mitigating trading risk. By integrating private and hybrid cloud connectivity and enabling secure access to over 550 public clouds, Connexus Cloud empowers cloud connectivity with secure, high-performance data and voice communications technologies.
A specialist technology and service leader powering global financial markets for over 50 years, IPC Systems is at the forefront of electronic trading connectivity and state-of-the-art cloud communications, setting the standard for exceptional service, innovation, and expertise.
IPC’s customer-first approach is bolstered by an extensive and diverse financial ecosystem that spans all asset classes and connects market participants anywhere in the world for enhanced communication, collaboration, and compliance. Global services include electronic trading, trading communications, and infrastructure-as-a-service solutions.
IPC is ideally positioned to anticipate change and remain aligned with rapidly transforming markets, and to empower customers to adapt to change, now and in the future.
To learn more, visit www.ipc.com, explore our insights page, and follow us on LinkedIn
The banking industry continues to be a proponent of emerging technologies like Artificial Intelligence.
With the likes of AI-powered Natural Language Processing, trading desks are being transformed with faster execution, more efficient communications, and streamlined settlement and reporting processes.
Carolyn Wright speaks with David Brown, President of IPC, on the role that the buzz sector of the moment, AI, is already playing in the financial sector.
Our continued innovation has earned us the ‘Cloud – Financial Services Award’ in this year’s Singapore Business Review Technology Excellence Awards.
The awards programme acknowledges the strides companies in Singapore have undertaken to provide ground-breaking products and services enhanced by digital capabilities. Connexus Cloud is a testament to our dedication to meeting the evolving needs of financial organisations, and we’re delighted to have been recognised for its ability to provide a secure, efficient, and versatile ecosystem for capital market participants worldwide.
Read the full press release: https://lnkd.in/gb3Xd_zB
NEW YORK – May 4, 2023– IPC Systems, a leading provider of electronic trading and infrastructure as a service solution, has been certified as a Most Loved Workplace®, in accordance with Best Practice Institute (BPI) research and analysis.
Most Loved Workplace® validation provides the most comprehensive look at workplace sentiment within organizations. It certifies companies based on a proprietary Love of Workplace Index™ that measures how happy and satisfied employees are in the workplace. IPC’s employees were surveyed on a range of elements relating to employee satisfaction and sentiment, including the level of respect, collaboration, support, and sense of belonging they feel inside the company.
With a very strong focus on – and commitment to – employee wellbeing and career development initiatives, IPC stands out particularly for its Internship Program, Career Development Program, Mentoring, Charity Programs and ESG initiatives, which prioritize employees’ mental, emotional, and physical health. Current partners include Food & Mood our Global wellness platform, New City Kids, a Jersey City based after school center, Inclusive Employers, a UK based inclusive workplace consultancy and Comparably, an international transparency agency.
“Our people are our greatest asset, and we are thrilled to have been officially recognized as a ‘Most Loved Workplace’. We go to great lengths to provide a progressive, inclusive workplace, where employees are valued and have the opportunity to thrive. Achieving a ‘Most Loved Workplace’ certification is a fantastic external endorsement of our people who drive our global culture, our outstanding People focused initiatives and our ongoing importance to nurture and invest in our global workforce” – said Meeghan Salcedo, Chief People Officer at IPC.
“I started Most Loved Workplaces out of inspiration from my community of people who consciously place love for their employees at the center of their business model” – said Louis Carter, Founder and CEO of BPI and a social/organizational psychologist, thought leader, entrepreneur, and author.
Click here to learn more.
IPC is a technology and service leader powering the global financial markets. We leverage 50 years of experience in delivering specialized communications solutions, helping 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 make them secure, productive, compliant and connected. Visit ipc.com and follow us on LinkedIn and Twitter (@IPC_Systems_Inc).
BPI’s original research, resulting in the definition of the Most Loved Workplace index criteria, surveyed more than 175 companies and over 3,000 executives across the US, Middle East/Northern Africa and Southeast Asia regions. It found that productivity rises as employee sentiment increases, with 94 percent of responders saying they did three to four times more work for a company they loved and 95 percent saying they stayed at companies they loved three to four times longer. Most Loved Workplaces certification is the most valid method to determine employee experience and recognize a great workplace.
To learn more about the Best Practice Institute, visit bestpracticeinstitute.org
Communications and connectivity solutions provider IPC recently announced a partnership with Kaiko, the cryptocurrency market data provider, to deliver enterprise-grade data to IPC’s Connexus Crypto ecosystem.
Launched last year, Connexus Crypto is IPC’s flagship solution for cryptocurrency trading, designed to support complex trading strategies. The solution enables users to implement cryptocurrency arbitrage, providing low latency connectivity and instant access to the liquidity of multiple global crypto exchanges. Connexus Crypto is underpinned by the Connexus Cloud platform, which connects more than 7,000 global market participants.
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IPC is a technology and service leader powering the global financial markets. We leverage 50 years of experience in delivering specialized communications solutions, helping 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 make them secure, productive, compliant and connected. Visit ipc.com and follow us on LinkedIn and Twitter (@IPC_Systems_Inc).
Kaiko is the leading data, analytics, indices and research provider in the digital asset industry for institutional clients. Kaiko empowers market participants with accurate, transparent, and actionable financial data to be leveraged for a range of market activities. Kaiko’s mission is to be the foundation of the new digital and tokenized finance economy by serving as a single source for market information from both centralized and decentralized marketplaces. For each enterprise client, Kaiko builds custom data plans designed for backtesting, trading, risk management, analytics, valuation, research, integrations, indices, and more.
IPC Systems, the electronic trading and infrastructure-as-a-service solutions vendor, has announced a partnership with Celoxica, a provider of ultra-low latency market data solutions, to deliver an FPGA-powered low-latency normalised market data feed across all asset classes.
The joint solution will offer buy side, sell side, and financial markets application providers access to a single API multi-exchange, ultra-low latency, normalized market data service, delivered via a fully hosted environment at exchange colocation, proximity hosted, or customer specified sites.
The partnership addresses a number of challenges that firms face when consuming low-latency market data from multiple markets, says Lee Staines, Global Head of Sales & Client Services at Celoxica. “Some of the challenges we see include disparate data sources in multiple locations with the need for deterministic low latency performance across multiple use cases and asset classes,” he tells TradingTech Insight. “The volume of data that needs to be processed keeps increasing exponentially. Technical resources are tight and trading strategies and algos are always the priority for trading firms. The ability to outsource the market data provision knowing performance is optimized, knowing that all elements of the market data delivery are taken care of, and the platform is stable and reliable is essential. Trading firms can then concentrate their scarce technical resources to the areas where they can differentiate themselves.”
In the face of increasingly volatile trading environments, the solution is designed to support a deterministic trading approach while reducing operational complexity and overhead costs. Staines highlights the benefits of combining best-of-breed infrastructure services from IPC with best-of-breed hardware accelerated feed handlers from Celoxica. “It wasn’t that long ago that FPGAs were seen as hard to use and, specifically, test,” he says. “FPGAs were expensive, especially if large scale deployment was required. Now, we can offer a hardware accelerated feed handler service in either a shared or a dedicated environment, at a very competitive price point. In addition, we take care of all the maintenance, monitoring, Exchange Driven Changes and latency across all supported venues and exchanges.”
“The partnership will start with the provision of the service to the derivative trading community in the US, UK and EU,” comments Alex Walker, Global Head of Network Data at IPC. “We then intend to extend globally and across all major derivative venues as well as other asset classes. We are also already working together to deliver full-service Risk/DMA platforms. We expect this to continue with the intent to extend the service provision across the full trading stack – buy side for Market data and the Sell side for Risk and Execution.”
IPC is a technology and service leader powering the global financial markets. We leverage 50 years of experience in delivering specialized communications solutions, helping 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 make them secure, productive, compliant and connected. Visit ipc.com and follow us on LinkedIn and Twitter (@IPC_Systems_Inc).
Celoxica offers the fastest, most deterministic trading and market data solutions with the lowest footprint. Our solutions include a full range of market data feed handlers for the main US and European Equities, Options, Futures exchanges and FX. Celoxica’s range of services are designed to deliver unique business advantage through a combination of leading-edge software and hardware acceleration using FPGA-based technology to offer ultra-low latency measured in single digit microsecond and ultra-high throughput, together with accelerated Market Data, Market Access and in-Line Risk. Our clients believe that speed matters and that every microsecond counts. They are typically trading firms who co-locate (or proximity host) their strategic applications in high frequency trading environments, market making, liquidity provision, algorithmic trading and smart order routing. We are also providing a single access point for brokers and their clients by handling inbound FIX, credit check and outbound native protocol to the execution venues.
London and New York City – April 26, 2023 – IPC, a leading provider of secure, compliant communications and multi-cloud connectivity solutions for global financial markets, and Kaiko, a leading cryptocurrency market data provider, now offer enterprise-grade data to IPC’s Connexus® Crypto ecosystem.
Launched last year, Connexus® Crypto is IPC’s flagship solution for cryptocurrency trading and is performance engineered to support complex trading strategies. Connexus® Crypto supports cryptocurrency arbitrage, placing market participants ahead of the competition by enabling them to buy and sell a cryptocurrency simultaneously in different markets. The solution also provides users with low latency connectivity and instant access to the liquidity of several global crypto exchanges. It is underpinned by the Connexus® Cloud platform, a multi-cloud trading ecosystem connecting more than 7,000 global market participants.
Kaiko’s mission is to execute the foundation of the new digital finance economy, serving as a single source for market information from both centralized and decentralized marketplaces. For each of its enterprise clients, Kaiko builds custom data plans designed to serve those who operate at every step of the investment and investable vehicle lifecycle, from financial products issuers to venues and market infrastructure players, to both buy and sell side. Kaiko is the partner of choice for market supervision actors and market surveillance solution builders.
Following Kaiko’s integration, IPC’s flagship Connexus® Crypto trading environment will now deliver real-time stream data, including spot, and derivative. In addition to real-time prices, Kaiko will offer other products such as aggregated quotes and rates. Kaiko’s data on real-time cryptocurrency prices alongside Connexus® Crypto’s inter-exchange connectivity, rapid execution, and service reliability will enable users to implement highly efficient arbitrage and algorithmic trading strategies, perform effective risk management, investing, monitoring, and regulatory compliance activities.
“Our primary goal is to deliver continuous innovation and specialized communications solutions that align with the rapidly transforming markets. By partnering with Kaiko, we help empower market participants to trade cryptocurrencies efficiently and successfully within our robust, ultra-low latency crypto trading environment.”- Bob Santella, CEO, IPC.
“The fusion of Kaiko and IPC’s capabilities within the market-leading Connexus® infrastructure will support IPC’s extensive global customer base to enhance their trading activities, while also growing our mission to be the leading source of real-time information to market participants,” said Ambre Soubiran, CEO, Kaiko. “This collaboration will enable us to showcase our rich market data offering, demonstrating how it can contribute to the evolution of the digital asset economy.”
IPC is a technology and service leader powering the global financial markets. We leverage 50 years of experience in delivering specialized communications solutions, helping 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 make them secure, productive, compliant and connected. Visit ipc.com and follow us on LinkedIn and Twitter (@IPC_Systems_Inc).
Kaiko is the leading data, analytics, indices and research provider in the digital asset industry for institutional clients. Kaiko empowers market participants with accurate, transparent, and actionable financial data to be leveraged for a range of market activities. Kaiko’s mission is to be the foundation of the new digital and tokenized finance economy by serving as a single source for market information from both centralized and decentralized marketplaces. For each enterprise client, Kaiko builds custom data plans designed for backtesting, trading, risk management, analytics, valuation, research, integrations, indices, and more.
