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IPC Systems, Inc., is proud to announce that one of the company’s thought leaders will be presenting to senior FX traders from leading buy-side institutions at the TradeTech FX 2015 conference. The event, to be held January 26 and 27, 2015, at the Trump International Beach Resort in Miami, Florida, will focus on the critical concerns facing the industry, such as the growth of trading technology and automation, fragmentation of liquidity, proliferation of platforms, automated and algorithmic execution, regulatory concerns and changing market structure.

IPC’s Ganesh Iyer, Director of Product Marketing, will discuss how the managed network-as-service model can provide a foundation for cost-effective trading and enable firms to focus on their core business of alpha generation in a presentation titled “Buy-Side Insight: Leveraging Network Technology to Successfully Execute FX Trading Strategies”.

About IPC

IPC is a global provider of mission-critical network services and trading communication technology to the financial markets community. With complete focus on this sector and over 40 years of expertise, IPC provides customers with integrated solutions that support traders and participants across the entire trade lifecycle including sell-side and buy-side financial institutions, inter-dealer brokers, liquidity venues, clearing and settlement firms, independent software vendors, corporate finance departments, financial information exchange providers and market data providers. IPC’s offerings include a unified communications/application platform, award-winning trading positions, managed voice and data connectivity solutions, compliance technologies, infrastructure management and a suite of enhanced service offerings. IPC’s global reach extends to more than 60 countries – including a network of 5,000 customer sites over 700 cities and an installed base of approximately 120,000 trading positions deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has over 900 employees located throughout the Americas and the EMEA and Asia-Pacific regions. IPC’s mission is to continually innovate to support collaboration across the global financial community and address our clients’ needs in an ever-changing landscape. For more information, visit www.ipc.com.

Preceded by a year focused on innovation, 2015 is set to become a year of self-improvement in the financial services industry, based on the results from a recent survey of financial firms that highlights increased investment in technology for 2014 amidst a drive to increase efficiency and improve cost-effectiveness. The annual survey, IPC 2015 Capital Markets Technology Trends Survey, conducted by IPC Systems, Inc., a global provider of mission-critical network services and trading communication technology to the financial markets, released today, shows that traders and IT decision makers are increasing their reliance on cloud computing and managed services in order to streamline their processes and improve their bottom line.

In a clear continuation of an ongoing trend, according to the surveys from 2014 and 2015, network infrastructure and services were the top spending focus for the second year in a row, with 40% of respondents indicating this category as a priority. In combination with the priority on technology for traders, the trading desk and trading floor, this suggests that after dedicating 2014 to enhancing their capabilities via innovation, firms are now focused on tapping the full potential of their infrastructure. The increased deployment of cloud computing (31%) and managed services (45%) strongly suggests that firms are taking a “shortcut” to this goal by tapping the expertise of dedicated external professionals, thereby enabling firms to focus on their core competencies.

“Market participants increasingly require sophisticated network technology to adapt to changes in the regulatory environment, market structure and business models,” said David Brown, Senior Vice President and Managing Director, Financial Markets Network, IPC. “A managed network-as-a-service solution allows trading firms to rapidly access a ready-made ecosystem of counterparties and cost- effectively execute complex strategies.”

Additional key findings of this year’s survey include:

• 46 percent of participants said their primary driver for technology investments were improve efficiency and cost effectiveness.
• 64 percent of respondents are implementing or plan to implement cloud computing technology in the coming year. 
• 63 percent of respondents are currently using or have plans to use managed services to support their technology infrastructure.

The research covered a broad range of roles for staff supporting the full trading lifecycle from order initiation and execution to clearing and settlement. Respondents came from the front, middle, and back office and included people involved in both the business and technology side of trading support.

About IPC

IPC is a global provider of mission-critical network services and trading communication technology to the financial markets community. With complete focus on this sector and over 40 years of expertise, IPC provides customers with integrated solutions that support traders and participants across the entire trade lifecycle including sell-side and buy-side financial institutions, inter-dealer brokers, liquidity venues, clearing and settlement firms, independent software vendors, corporate finance departments, financial information exchange providers and market data providers. IPC’s offerings include a unified communications/application platform, award-winning trading positions, managed voice and data connectivity solutions, compliance technologies, infrastructure management and a suite of enhanced service offerings. IPC’s global reach extends to more than 60 countries – including a network of 5,000 customer sites over 700 cities and an installed base of approximately 120,000 trading positions deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has over 900 employees located throughout the Americas and the EMEA and Asia-Pacific regions. IPC’s mission is to continually innovate to support collaboration across the global financial community and address our clients’ needs in an ever-changing landscape. For more information, visit www.ipc.com.

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 Systems, Inc., is proud to announce that two of the company’s thought leaders will be presenting to senior executives from leading financial institutions at the Waters USA 2014 conference. The event, to be held on December 8, 2014 at the New York Marriott Marquis, will focus on cutting-edge IT strategy developments and solutions that are driving innovation and enabling smart business decision making at investment banks, investment management firms, asset management firms, pension funds and hedge funds.

IPC’s Joe Pickel, Global Head of Sales and Marketing, and Ganesh Iyer, Global Head of Product Marketing, will discuss how the managed network-as-service model is transforming capital market communications and enabling firms to focus on their core business of alpha generation in a presentation titled “Transforming the Trade Lifecycle: The Case for a Managed Network-as-a-Service Model”.

About IPC

IPC is a leading global provider of specialized communications solutions for the financial trading community. With a 100-percent focus on this sector and over 40 years of expertise, IPC provides customers with integrated solutions that support traders and participants across the entire trade lifecycle including sell-side and buy-side financial institutions, inter-dealer brokers, liquidity venues, clearing and settlement firms, independent software vendors, corporate finance departments, financial information exchange providers and market data providers. IPC’s offerings include a unified communications/application platform, award-winning hard and soft turrets, managed voice and data network connectivity solutions, trading communications infrastructure management and dedicated service and support. IPC’s global reach extends to more than 60 countries – including a network of 5,000 customer sites over 700 cities and an installed base of approximately 118,000 trading positions deployed worldwide.

IPC Systems Inc. (“IPC” or the “Company”), a global provider of mission-critical network services and trading communication technology to the financial markets community, announced that it has entered into an agreement to be acquired by Centerbridge Partners, L.P. (“Centerbridge”), a leading private investment firm, from Silver Lake Partners (“Silver Lake”) for approximately $1.2 billion in total deal value.

From its unified communications and software platform to its leading voice and data extranet and award-winning trading positions, IPC offers services and solutions focused on improving the speed, productivity, collaboration, and efficiency of the entire trade lifecycle. The partnership with Centerbridge further enables the Company to deliver these valued services to its customers and to capitalize on its growth opportunities. IPC continues to accelerate its market leading position, fuelled by the increased adoption of its integrated trading communications and application platform, Unigy, its expanding data and voice business and new enhanced services offerings.

“This transaction follows what has been one of IPC’s best years and will help accelerate our continued momentum,” said Neil Barua, Chief Executive Officer of IPC. “Centerbridge has a proven track record of driving long-term sustainable growth, and we look forward to building on our successes with our new owners. I want to thank all of our dedicated employees for their continued efforts in driving value creation. We are a trusted advisor to our customers and will continue to provide the industry-leading service and expertise they’ve come to expect from us.”

 

Jared Hendricks, Senior Managing Director of Centerbridge said, “Having followed the Company for a number of years, we are excited to back IPC and its management team through its next phase of growth and development. IPC is uniquely positioned to deliver tailored, state-of-the-art solutions to serve the complex needs of the financial services community. We look forward to continuing to support IPC’s momentum.”

 

Greg Mondre, Managing Partner at Silver Lake said, “The IPC team, led by former Silver Lake Operating Partner Neil Barua, has been instrumental to the Company’s recent impressive growth and has been an invaluable partner in achieving its leading market position. We look forward to IPC’s continued success and believe Centerbridge will be highly supportive owners.”

The transaction is expected to be completed in January 2015 following the satisfaction of customary closing conditions and approvals.

The company was advised in the transaction by Evercore and Goldman, Sachs & Co. Centerbridge was advised by Barclays and Credit Suisse Securities (USA) LLC, who are also providing debt financing for the transaction.

About IPC

IPC is a global provider of mission-critical network services and trading communication technology to the financial markets community. With complete focus on this sector and over 40 years of expertise, IPC provides customers with integrated solutions that support traders and participants across the entire trade lifecycle including sell-side and buy-side financial institutions, inter-dealer brokers, liquidity venues, clearing and settlement firms, independent software vendors, corporate finance departments, financial information exchange providers and market data providers. IPC’s offerings include a unified communications/application platform, award-winning trading positions, managed voice and data connectivity solutions, compliance technologies, infrastructure management and a suite of enhanced service offerings. IPC’s global reach extends to more than 60 countries – including a network of 5,000 customer sites over 700 cities and an installed base of approximately 120,000 trading positions deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has over 900 employees located throughout the Americas and the EMEA and Asia-Pacific regions. IPC’s mission is to continually innovate to support collaboration across the global financial community and address our clients’ needs in an ever-changing landscape. For more information, visit www.ipc.com.

About Centerbridge Partners

Centerbridge Partners, L.P., headquartered in New York, NY is a private investment firm with approximately $25 billion in capital under management. The firm focuses on private equity and credit investments and is dedicated to partnering with world-class management teams across targeted industry sectors to help companies achieve their operating and financial objectives.

About Silver Lake Partners

Silver Lake is the global leader in technology investing, with over $23 billion in combined assets under management and committed capital. The firm’s portfolio of investments collectively generates more than $85 billion of revenue annually and employs more than 200,000 people globally. Silver Lake has a team of approximately 110 investment and value creation professionals located in New York, Menlo Park, San Mateo, London, Hong Kong, Shanghai and Tokyo.

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.

Telefónica, a worldwide leader in telecommunications and IT services, and IPC, market leader in trading communications solutions, today announce that they have signed an agreement to jointly offer trading communications solutions.

This alliance with IPC is part of the Telefónica strategy to offer a vertical services portfolio that covers the specific needs of financial institutions. Telefónica widens its portfolio by offering the state of the art trading solutions of IPC which are based on open standards and IP technology, ready for the current requirements for SIP integration and Next Generation Networks connectivity.

IPC reinforces the collaboration with Telefónica, strengthening the position in key countries by leveraging on the assets of Telefónica. The first phase of the agreement includes offering voice trading solutions to the market in Spain, Portugal; where Telefónica would be the exclusive distributor of the new Unigy Solution; to collaborate to develop business in several countries of Latin America (México, Argentina, Colombia, Perú) and to jointly propose global trading solutions to several multinational strategic customers.

Clients will benefit from voice trading solutions based on the IPC technology, which is used by top financial institutions around the world. These solutions are designed to meet global regulatory challenges and help trading firms to transform their workflow. They will also be able to take advantage of the position of Telefónica as a global IT and communications provider and will be able to have global integrated solutions that cover all their communications needs.

“IPC’s primary goal is to provide sophisticated trading communications solutions and expertise that grants clients a competitive advantage in every stage of the trade lifecycle. Products such as our Unigy platform enable us to do so by making the entire trading ecosystem more productive, secure and efficient,” said Joe Smolarski Senior Vice President, Trading Communications Systems Sales & Support, IPC. “We look forward to working with Telefónica to allow customers to benefit from the combination of IPC’s trading industry expertise and Telefónica’s communications solutions leadership.”

 

“This agreement allows us to provide world-class solutions that cover the trading needs of financial institutions and enable them to stay ahead of global markets requirements. By addressing these customers IT and communications needs, we help them to focus on their business and strengthen their competitive position.” said Juan Carlos López Vives, President of Telefónica Global Solutions. “Furthermore, the global market reach of both companies is an added value for our Multinational clients and an excellent growth opportunity for IPC and Telefónica, collaborating to jointly develop business in the markets in which we operate.”

About IPC

IPC is a leading global provider of specialized communications solutions for the financial trading community. With a 100-percent focus on this sector and over 40 years of expertise, IPC provides customers with integrated solutions that support traders and participants across the entire trade lifecycle including sell-side and buy-side financial institutions, inter-dealer brokers, liquidity venues, clearing and settlement firms, independent software vendors, corporate finance departments, financial information exchange providers and market data providers. IPC’s offerings include a unified communications/application platform, award-winning hard and soft turrets, managed voice and data network connectivity solutions, trading communications infrastructure management and dedicated service and support. IPC’s global reach extends to more than 60 countries – including a network of 5,000 customer sites over 700 cities and an installed base of approximately 118,000 trading positions deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 900 employees located throughout the Americas and the EMEA and Asia-Pacific regions. For more information, visit www.ipc.com.

About Telefonica Global Solutions

Telefonica Global Solutions manages globally the multinational, wholesale and roaming business within the Telefonica Group. Global Solutions delivers integrated fixed, mobile and IT services to some of the world’s top multinationals and corporations. It also provides global telecommunication services for fixed and mobile carriers, ISPs and content providers. Telefonica Global Solutions develops an integrated and competitive portfolio for carriers and corporations that include international voice, IP, bandwidth capacity, satellite services, mobility and global solutions, with service reach in more than 170 countries. Global Solutions is a multicultural organization, with more than 1400 employees, working in over 40 countries and speaking more than 15 languages.

IPC Systems Inc., a leader in specialized communications, has announced their partnership with Velocis Systems, an established IT Solutions and Services organization with a presence in over 80 locations throughout India. This partnership strategically merges IPC’s state-of-the-art unified trading floor voice communication solution, UNIGY, with Velocis Systems’ extensive experience in providing IT solutions and services and affiliations within the financial districts outside of the main financial centre of Mumbai.

“By working with such a strong partner, it will allow IPC to extend our product and services outreach beyond our core market of Mumbai. We will be able to reach out and support potential customers across the whole country,” says David Dodd, Senior Vice President and Managing Director, APAC of IPC Systems, Inc.

With 17 years of experience, Velocis Systems builds and maintains critical IT infrastructure for over 200 clients in various industries that include Indian corporations, multinationals, as well as government institutions. Velocis Systems has more than 600 technical professionals with diverse skills in computing, data, voice, video, and enterprise management technologies and has strategic alliances with global leaders such as HP, Microsoft, Cisco, CA, and Polycom.

“Velocis Systems is pleased to be partnering with IPC as they expand their presence across India. IPC is a company that continues to innovate and lead the industry with their UNIGY trading floor voice communication solution. This leadership combined with Velocis Systems reach in major Indian financial markets will prove to be a valuable partnership in the years ahead,” states Mr. Jignesh Rachh, Director of Velocis Systems.

About IPC

IPC is a leading global provider of specialized communications solutions for the financial trading community. With a 100-percent focus on this sector and over 40 years of expertise, IPC provides customers with integrated solutions that support traders and participants across the entire trade lifecycle including sell-side and buy-side financial institutions, inter-dealer brokers, liquidity venues, clearing and settlement firms, independent software vendors, corporate finance departments, financial information exchange providers and market data providers. IPC’s offerings include a unified communications / application platform, award-winning hard and soft turrets, managed voice and data network connectivity solutions and dedicated service and support. IPC’s global reach extends to more than 60 countries – including a network of 5,000 customer sites over 630 cities and an installed base of approximately 118,000 trading positions deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 900 employees located throughout the Americas and the EMEA and Asia-Pacific regions.

IPC Systems, Inc., the leading global provider of specialized communications solutions for the financial services community, has been named a top provider of financial technology to the financial services industry in the annual FinTech Forward (an initiative including the FinTech 100), published in collaboration between American Banker and BAI. It is the tenth year in a row the company has been ranked.

The ranking of the top 100 global technology providers is based on percentage of revenues from sales to financial services clients. In a testament to the company’s stability and importance to the industry, IPC ranked 32nd on the 2014 list of financial technology companies.

IPC is a leader in the financial services industry, providing trading solutions, network connectivity, and managed services to organizations of all sizes across the globe. Historically, financial services firms have attempted to find a balance between maximizing the return of investment from their legacy systems and deploying the most advanced technology in order to gain competitive advantage. In order to ease the burden on financial services firms, IPC developed technology bringing next-generation products and decades of expertise to their customers, incorporating interoperability with existing systems while helping firms transform their workflow. IPC enables traders using IPC technology to be significantly more productive and connected than ever before, while making their operations much more profitable.

In addition, changes across market structure, the regulatory environment, and business models in the wake of the 2008 financial crisis created an unfamiliar environment for financial services firms. This includes new trends such as BYOD policies and more stringent voice recording requirements. To meet the needs of its customers and help them achieve compliance, IPC provides a comprehensive suite of innovative products and managed solutions.

IPC accounts for more than 118,000 of the world’s trading turret positions. Unigy®, IPC’s market leading next generation unified trading communications platform, is designed to speed collaboration between traders and the trade support teams across middle and back offices with unprecedented flexibility, scalability, and adaptability. IPC’s Financial Markets Network solution portfolio includes the Connexus private extranet, DirectConnect and Managed MPLS VPN data services, as well as Trader and Enhanced IP voice connectivity solutions. IPC’s Financial Markets Network interconnects global financial centers and allows access to more than 5,000 participants in over 700 cities in nearly 60 countries. Built on a state of the art IP/MPLS infrastructure, the highly scalable and secure Connexus Extranet supports a number of industry standard and trading protocols. IPC provides managed service solutions through its Enhanced Services division and is one of the most trusted and progressive service providers to the global financial community. Capital markets firms rely on IPC Enhanced Services to provide compliance and risk oversight, manage and monitor their trading communications technologies, project manage critical initiatives and advise and assist in business transformation.

“The financial markets are constantly evolving, always searching for better ways of doing business and evolving to meet new challenges. IPC’s goal is to provide our customers with the technological tools to stay competitive and maintain their edge in the trading arena, and our method has always been to research and create the solutions that enhance the trader’s edge,” said Michael Speranza, Senior Vice President, Managing Director, Trading Communication Systems. “Our continued inclusion on the FinTech list is a true testimony by our global customer community that IPC’s advanced technology, dedicated service, and persistent innovation continues to exceed their needs.”

About IPC

IPC is a leading global provider of specialized communications solutions for the financial services community. With a 100-percent focus on this sector and over 40 years of expertise, IPC provides customers with integrated solutions that support traders and participants across the entire trade lifecycle including sell-side and buy-side financial institutions, inter-dealer brokers, liquidity venues, clearing and settlement firms, independent software vendors, corporate finance departments, financial information exchange providers and market data providers. IPC’s offerings include a unified communications/application platform, award-winning hard and soft turrets, managed voice and data network connectivity solutions, trading communications infrastructure management and dedicated service and support. IPC’s global reach extends to more than 60 countries – including a network of 5,000 customer sites over 700 cities and an installed base of approximately 118,000 trading positions deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has over 900 employees located throughout the Americas and the EMEA and Asia-Pacific regions.

IPC, the leading provider of specialized solutions for the financial services community, today announced the appointment of Neil Barua as Chief Executive Officer, effective immediately. A veteran of the telecom and financial industries, Mr. Barua had been serving as interim CEO of IPC since February 2014.

Previously, Mr. Barua was an Operating Partner at Silver Lake, the global leader in technology investing, and will remain part of the Silver Lake extended community as CEO of one of its portfolio companies.

“I am excited and honored to join IPC as Chief Executive Officer,” said Mr. Barua. “During my time at IPC, I have developed tremendous respect for the people at this company and how we serve our customers as a trusted partner. I’m thrilled to accelerate our current momentum and provide superior trading and connectivity solutions to our customers.”

 

“Neil has done a tremendous job at IPC in his interim role, and we couldn’t be more pleased to have him lead IPC into its next phase of growth,” said Greg Mondre, Managing Partner at Silver Lake.

Mr. Barua previously served as Operating Advisor at private equity firm Francisco Partners. His management experience includes his role on the executive leadership team that took telecommunications company Global Crossing through a restructuring and consequent sale to Level 3 Communications. Mr. Barua held several leadership positions at Global Crossing around the world, including Managing Director of its $700 million+ enterprise services division, where he led the team to significant growth. Before Global Crossing, Mr. Barua worked at Asia Global Crossing in Hong Kong and was a key participant in its $400 million initial public offering.

About IPC

IPC is a leading global provider of specialized solutions for the financial services community. With a 100-percent focus on this sector and over 40 years of expertise, IPC provides customers with integrated solutions that support traders and participants across the entire trade lifecycle including sell-side and buy-side financial institutions, inter-dealer brokers, liquidity venues, clearing and settlement firms, independent software vendors, corporate finance departments, financial information exchange providers and market data providers. IPC’s offerings include a unified communications/application platform, award-winning hard and soft turrets, managed voice and data network connectivity solutions, trading communications infrastructure management and dedicated service and support. IPC’s global reach extends to more than 60 countries – including a network of 5,000 customer sites over 700 cities and an installed base of approximately 118,000 trading positions deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 900 employees located throughout the Americas and the EMEA and Asia-Pacific regions. For more information, visit www.ipc.com.

IPC Systems, Inc., the leading global provider of specialized communications solutions for the financial trading community, has once again been voted “Best Trading Floor Communication System” provider in the Waters Rankings. IPC has won the best trading turret provider category in the Waters Rankings in six out of the seven years the category was on offer: 2004, 2005, 2006, 2008, 2009 and 2010. In 2011, the best trading floor communication system provider category superseded the best trading turret provider category, although the result in this category was the same – IPC won the category in 2011, 2012, 2013 and now again in 2014.

“Since 2004, it has been our great honor to be recognized by industry leaders and experts as the best trading floor communications system provider,” Michael Speranza, senior vice president, managing director, Trading Communications Systems, IPC, said. “Our global customer community continues to affirm that when it comes to meeting their needs, IPC’s advanced technology, dedicated service, and continual innovations are of timeless value.”

IPC accounts for more than 118,000 of the world’s trading turret positions defining the Company as the turret market segment leader with over 50% share. Unigy®, IPC’s market leading next generation unified trading communications platform, speeds collaboration between traders and the trade support teams across middle and back offices with unprecedented flexibility, scalability, and adaptability. Unigy’s interoperability allows it to work with existing systems such as IQ/MAX turrets, PBX phone systems and voice recording equipment to help trading firms of every size transform their workflow, making traders significantly more productive and their operations much more profitable. Unigy is live at more than 660 customer sites globally, including installations at more than 50% of the 2013 Top 25 banks*.

“For the last decade, Waters magazine has turned to its expert reader base to determine which vendors lead in their respective fields for the annual Waters Rankings. Waters readers have selected IPC as Best Trading Turret Provider and Best Trading Floor Communication System 10 out of 11 times these awards have been given out,” said Anthony Malakian, US editor, Waters.

 

“Our primary goal is to provide our customers with top-of-the-line technology that grants them a competitive advantage in every stage of the trading lifecycle,” said IPC’s Speranza. “We strive to help our customers do their jobs more quickly, effectively and efficiently, and we are privileged to receive their confidence that we are the best trading floor communication system provider. This honor reinforces our commitment to developing cutting edge solutions that meet their collaboration and trading needs.”

The Waters Rankings are the annual readers’ choice awards of Waters magazine, which recognize the combined leadership of technological capabilities and human expertise in each category. Qualified voters from buy- and sell-side firms as well as exchanges and inter dealer brokers. More than 1,000 voters chose the best financial IT solution and services in the annual Waters Rankings.

*The Top 25 banks of the Top 1000 World Banks ranking is generated by The Banker Database, and published in The Banker July edition.

About Waters

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.

About IPC

IPC is a leading global provider of specialized communications solutions for the financial trading community. With a 100-percent focus on this sector and over 40 years of expertise, IPC provides customers with integrated solutions that support traders and participants across the entire trade lifecycle including sell-side and buy-side financial institutions, inter-dealer brokers, liquidity venues, clearing and settlement firms, independent software vendors, corporate finance departments, financial information exchange providers and market data providers. IPC’s offerings include a unified communications/application platform, award-winning hard and soft turrets, managed voice and data network connectivity solutions, trading communications infrastructure management and dedicated service and support. IPC’s global reach extends to more than 60 countries – including a network of 5,000 customer sites over 700 cities and an installed base of approximately 118,000 trading positions deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 900 employees located throughout the Americas and the EMEA and Asia-Pacific regions.