Centerbridge Partners Completes Its Acquisition of IPC Systems

IPC Systems, Inc., a global provider of network services, trading communication technology and enhanced services to the financial markets community, today announced that affiliates of Centerbridge Partners, L.P., a leading private investment firm, have completed their acquisition of IPC from Silver Lake Partners. The acquisition was announced in December 2014.

IPC offers services and solutions for capital markets participants across all asset classes. From its unified communications and software platform to its industry leading data and voice extranet, IPC remains focused on improving the speed, productivity, collaboration, and efficiency of the entire trade lifecycle. IPC continues to accelerate its market segment leading position, fueled by the increased adoption of its integrated trading communications and application platform, Unigy®. The IPC Financial Markets Network is the leading choice for capital market participants enabling data and voice connectivity through its Network-as-a-Service (NaaS) offerings. Its suite of solutions addresses industry imperatives such as business continuity planning, network diversity and speed of execution. IPC Enhanced Services supports its customers’ trading communications environments and is committed to collaboration, service excellence and value.

“Last year was one of IPC’s best years on record and we are expanding on that momentum,” said Mr. Neil Barua, Chief Executive Officer of IPC. “Our focus remains on delivering products and services that contribute to our customers’ success. This unwavering commitment to our customers coupled with Centerbridge’s proven ability to drive long-term sustainable growth will further strengthen our global brand. We look forward to working together with our new owners.”

Mr. Jared Hendricks, Senior Managing Director at Centerbridge said, “IPC has a track record of innovation and success that has made it a valued strategic partner to the world’s most preeminent financial institutions. The Company is uniquely positioned to deliver tailored, state-of-the-art solutions to serve the complex needs of the financial services community. We are excited to support IPC and its management through the Company’s next phase of growth and innovation.”

IPC was advised by its financial advisors, Evercore and Goldman, Sachs & Co. and its legal advisor, Simpson Thacher & Bartlett LLP. Centerbridge was advised by its financial advisors, Barclays and Credit Suisse Securities (USA) LLC and its legal advisor, Weil, Gotshal & Manges LLP.

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, L.P.

Centerbridge Partners, L.P. is an investment management firm focused on private equity and distressed investment opportunities. As of December 2014, the Firm has approximately $25 billion in capital under management with offices in New York and London. The firm is dedicated to partnering with world-class management teams across targeted industry sectors to help companies achieve their operating and financial objectives.

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.

SMBC – Singapore Installs IPC’s Unigy

IPC Systems, Inc., a global provider of specialized communications solutions for the financial services community, today announced the successful deployment of Unigy, the leading unified trading communications and application platform, at the Singapore branch of Sumitomo Mitsui Banking Corporation (SMBC) which maintains relationships with more than 210,000 companies in the Asia-Pacific (APAC) region.

SMBC wanted a new infrastructure that would increase the flexibility, scalability and manageability of its trading communications systems. Additionally, SMBC desired to upgrade to a VoIP-based system, capable of integrating with existing private branch exchange (PBX) infrastructure. SMBC also had requirements for improved business continuity planning (BCP) as well as space limitations for equipment at its production and disaster recovery sites.

“We managed to meet all challenges with the solutions provided by IPC and went live within a limited timeframe. IPC analyzed the situation quickly and was very proficient and collaborative,” says Yoshiaki Ota, Joint General Manager–Treasury Unit, Sumitomo Mitsui Banking Corporation, Singapore. “We saw IPC’s commitment to this project by meeting our tight schedule and mobilizing the required resources to enable a successful ‘go-live’ date.”

“Our users require a lot of conferencing and speaker functionalities. We included these individuals in our proof of concept demonstrations and they were comfortable with Unigy,” says Ota. The bank needs to be in constant communication with its customers and counterparties and Unigy’s clarity eliminates the time and extra effort that had been required to communicate.

Unigy’s flexible administration controls combined with tight system security will also help SMBC lower the costs of maintaining trading communications infrastructure. In addition, Unigy’s versatility provides SMBC with the key capabilities necessary to maximize collaboration with their counterparts in overseas offices. Furthermore, increased resiliency means SMBC can continue operations regardless of any external forces that may interrupt normal function of their trading floor.

“We are delighted that SMBC chose IPC for their trading communication systems and BCP needs,” said Bruce Maslen, Vice President, Trading Systems Sales, APAC, IPC. “Our mission is to deliver high quality and value-added voice communications technology solutions that support global trading floors. We will continue to help meet the growing and diversified needs of financial services customers in this region and around the world – helping them to achieve global trading efficiency.”

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 SMBC

Sumitomo Mitsui Banking Corporation is headquartered in Tokyo, Japan. The large, global firm has more than 25,000 employees located in more than 400 domestic branches and 15 international offices. SMBC engages in deposit taking, lending, securities brokering and trading, securities investment, money transfer, foreign currency exchange, corporate bond trustee services and custody services, financial futures underwriting, investment trust sales and other commercial banking activities.

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.

Major Market Participants Help Propel Growth of IPC’s Enhanced Voice Connectivity Services

Rapidly expanding connectivity requirements to meet new trading regulations worldwide and the need for robust business continuity planning (BCP) are among the major forces behind IPC’s continued revenue growth in its Enhanced Voice Services (EVS) solutions – part of IPC’s portfolio of Voice Connectivity Services. EVS is a SIP-based BCP voice service developed specifically for the global capital markets. The solution enables uninterrupted delivery of trader voice services to a single or multiple trading floors and facilitates interoperability with existing services at trading counterparties.

“Increased demand for voice connectivity services is not surprising given firms’ unrelenting focus on compliance,” said CEB TowerGroup Research Director Gert Raeves. “Any firm expecting to survive and succeed in the new trading environment needs to invest in robust connectivity to counterparties, liquidity venues and trade lifecycle services.”

 

“We focus exclusively on the capital markets and continue to invest heavily in our connectivity and communications solutions,” said David Brown, Senior Vice President and Managing Director, Financial Markets Network, IPC. ”This makes IPC’s solutions a top choice for the trading communication and business continuity needs of financial market participants.”

 

“Leading capital market firms have selected IPC’s EVS solution to deploy agile and cost-effective business continuity and disaster recovery strategies,” said Joe Pickel, Global Head of Sales and Marketing, Financial Markets Network, IPC. “Currently, with an expansive global network that connects 200,000 traders in more than 5,000 locations in 60 countries, IPC’s Voice Connectivity Services enable capital market participants to connect to counterparties and liquidity venues around the world.”

IPC’s comprehensive portfolio of Voice Connectivity Services includes Trader Voice and EVS. IPC Voice Connectivity Services enable traders to reach counterparties, access global hoot and holler networks, and gain greater mobility in a rapid, cost-effective manner. The service also provides access to new markets, proactive infrastructure monitoring and unrivaled flexibility.

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 Thought Leader to Present at TradeTech FX 2015

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.

Survey Finds Financial Firms Set to Increase 2015 Technology Spending Amid Focus on Core Competencies

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 Thought Leaders to Present at Waters USA 2014

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 to be Acquired by Centerbridge Partners

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 and IPC Systems collaborate to offer Trading Solutions

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., announces strategic partnership with Velocis Systems in India

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 Commemorates a Decade of Leadership in Annual FinTech Rankings

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.