IPC’s Financial Markets Network Named Best Sell-Side Trading Network In Inaugural Waters Sell-Side Technology Awards

IPC’s Financial Markets Network has been selected as the “Best Sell-Side Trading Network” in Sell-Side Technology’s first annual Sell-Side Technology Awards program.  The selection was made by a panel of industry experts and Waters journalists.

IPC’s Financial Markets Network facilitates more than one trillion dollars of capital markets trading commerce daily and enables the complete trade life cycle across all asset classes including, Fixed Income, Foreign Exchange, Equities, Futures, Options, Commodities and OTC Derivatives.

“We’re honored to be selected as the Best-Sell Side Trading Network in the inaugural Sell-Side Technology Awards,” Joe Pickel, Vice President, Network Services Product Management said.  “Although our Finanical Markets Network may feature the newest and most advanced technology in the market, it is only a part of the reason for our success.   With 40 years of experience serving the Capital Markets, we know that technology isn’t a solution in and of itself. It’s how you leverage that technology to provide services that makes the difference.”

The IPC Financial Markets Network is a comprehensive suite of mission critical managed network services designed and operated for the global financial markets. The FMN includes voice and data connectivity solutions such as private wires, financial extranet cloud (Connexus), managed VPN, Ethernet services (Direct Connect), transport solutions and colocation. Encompassing more than 115,000 route miles, the FMN connects more than 200,000 users at more than 5,000 locations in 700 cities in more than 60 countries.  The FMN has connectivity to more than 60 liquidity venues globally including those in all major markets.

About Sell-Side Technology

Sell-Side Technology covers how financial institutions maintain their competitive advantage by making strategic investments into their front-office trading systems; examines internally developed and third-party systems being brought to market and the latest technology’s impact on the industry. Sell- Side Technology is published by Incisive Media Plc. For more information, please visit www.watersonline.com and www.incisivemedia.com.

About IPC

IPC offers high- and low-touch trading communications solutions to the global financial trading community including the top investment banks, hedge funds and investment managers in established and emerging markets. With a 100-percent focus on this sector and nearly 40 years of expertise and an unrivaled record of innovation, IPC provides customers with unified solutions that support collaborative voice trading and real-time electronic trading and market data connectivity.  IPC’s offerings include the first unified communications/application platform, award-winning hard and soft turrets, electronic connectivity services including enhanced voice services, business continuity solutions, and follow-the-sun service and support. IPC’s global reach extends to nearly 60 countries – including a financial extranet of 4,000 on-net locations in over 700 cities and more than 115,000 turrets deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 1,000 employees located throughout the Americas and the EMEA and Asia-Pacific regions.

IPC Deploys First Unigy System in Mainland China with the Signing of Minsheng Life Insurance

IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world’s top financial services firms, today announced that Minsheng Life Insurance has successfully implemented Unigy, IPC’s revolutionary unified trading communications platform. Using the Unigy backbone, Minsheng will deploy IPC’s IQ/MAX Edge 100 turrets across its enterprise. This implementation underscores IPC’s expanded growth into the Asia-Pacific market with the first Unigy customer signing in mainland China.

Minsheng Life Insurance was seeking to upgrade from a traditional communications system to a new infrastructure that would help speed communication between counterparties as well as increase collaboration across offices. After evaluating several PBX vendors, the Company chose IPC’s IQ/MAX Edge powered by the Unigy platform. The IQ/MAX Edge is designed specifically to provide individuals in small to medium-sized trading firms, as well as junior traders, sales traders and other individuals on the edge of the trading floor in larger firms, the key capabilities they need to optimize their collaboration with trade support individuals across the entire trading lifecycle and workflow.

“After evaluating traditional PBX vendors, choosing IPC and their Unigy system and the new Edge turrets was the best choice for our operations,” said a spokeperson for Minsheng Life Insurance. “The user interface with the Edge turret and the Unigy platform provides our traders the ability to easily tailor the turret to their specific needs. The new application launch pad provides traders easy access to line appearances, contacts and speed dials, and their communications history.”

IQ/MAX Edge 100 has 100 buttons for contacts within and outside a firm, hoot and intercom connectivity and dual handsets. Every IQ/MAX Edge also comes equipped with IQ/MAX Sync – a powerful PC-based productivity tool that allows users to manage calls, speakers, contacts and directories directly from a PC. IQ/MAX Sync integrates with users’ Microsoft Outlook local directory to help them simplify workflow processes.

Among Edge’s other features are broad, full-color, high-definition screens that make data easy to read; high-definition audio for more accurate exchange of information; and an application launch pad for Unigy™ apps that improve trade processing and productivity.

“We are delighted that Minsheng Life Insurance has selected IPC’s Unigy for its trading needs,” said David Dodd, managing director, IPC Asia Pacific. “Our mission is to deliver high quality and value-added voice communications technology solutions and applications 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 in order to help them achieve global trading efficiency.”

IQ/MAX Edge is powered by Unigy – IPC’s revolutionary unified trading communications and applications platform, introduced earlier this month. The Unigy platform’s open standards and service oriented architecture (SOA) helps streamline trading workflow, create custom apps for a competitive edge, reduce operational risks and lower total cost of ownership (TCO) for firms of all sizes.

About IPC

IPC offers high- and low-touch trading communications solutions to the global financial trading community including the top investment banks, hedge funds and investment managers in established and emerging markets. With a 100-percent focus on this sector and nearly 40 years of expertise and an unrivaled record of innovation, IPC provides customers with unified solutions that support collaborative voice trading and real-time electronic trading and market data connectivity.  IPC’s offerings include the first unified communications/application platform, award-winning hard and soft turrets, electronic connectivity services including enhanced voice services, business continuity solutions, and follow-the-sun service and support. IPC’s global reach extends to nearly 60 countries – including a financial extranet of 4,000 on-net locations in over 700 cities and more than 115,000 turrets deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 1,000 employees located throughout the Americas and the EMEA and Asia-Pacific regions.

Instinet Joins IPC’s Connexus Financial Extranet

IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world’s top financial services firms and global enterprises, today announced that Instinet, a global agency-only broker* and electronic trading pioneer, has joined IPC’s Connexus Financial Extranet service.

Using IPC’s Connexus, financial institutions across the globe can now quickly and cost-efficiently access Instinet’s full suite of trading tools, including the award-winning Newport® 3 EMS, the Execution Experts® algorithms and Instinet’s low-latency SmartRouter.

“Instinet is an electronic trading pioneer, having introduced some of the industry’s truly game-changing technologies throughout its history. That heritage of excellence lives on today through the firm’s highly-regarded trading suite and we’re pleased to help users access the platform in a cost- effective manner by adding Instinet to the Connexus network,” Joe Pickel, vice president, Network Services Product Management, IPC, said.

 

“Next-generation trading networks have to respond to increased demands for reliability, security and efficiency,” Pickel said. “By offering connectivity to Instinet through Connexus, IPC is reaffirming its long-standing commitment of providing industry leading, value-added network solutions to the global trading community.”

Connexus is part of the IPC Financial Markets Network service portfolio which also includes private extranet and DirectConnect data services, as well as Trader and Enhanced voice connectivity services. IPC’s Financial Markets Network interconnects global financial centers and allows access to more than 4,000 market participant locations in over 700 cities in nearly 60 countries. Built on an IP/MPLS backbone, the highly scalable and secure Connexus supports a number of industry standard and trading protocols.

*Through regional brokerage subsidiaries

 

About Instinet

Instinet, a global agency-only broker, will soon serve as the independent equity trading arm of the Nomura Group. Through an advanced suite of electronic trading tools, innovative high-touch trading model and unparalleled access to insightful content and unique agency-only liquidity, Instinet helps institutions globally lower overall trading costs and ultimately improve investment performance. Throughout its 40+ year history, Instinet has been a true electronic trading pioneer, having introduced a range of now industry- standard trading technologies as well as the world’s first major electronic trading venue in 1969, one of the first recognized U.S. ECNs in 1997 and, most recently, the Chi-X businesses. For more information, please visit www.instinet.com or follow Instinet on Twitter.

About IPC

IPC offers high- and low-touch trading communications solutions to the global financial trading community including the top investment banks, hedge funds and investment managers in established and emerging markets. With a 100-percent focus on this sector and nearly 40 years of expertise and an unrivaled record of innovation, IPC provides customers with unified solutions that support collaborative voice trading and real-time electronic trading and market data connectivity.  IPC’s offerings include the first unified communications/application platform, award-winning hard and soft turrets, electronic connectivity services including enhanced voice services, business continuity solutions, and follow-the-sun service and support. IPC’s global reach extends to nearly 60 countries – including a financial extranet of 4,000 on-net locations in over 700 cities and more than 115,000 turrets deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 1,000 employees located throughout the Americas and the EMEA and Asia-Pacific regions.

IPC Launches Managed Services Business Unit and Service Suite for the Global Financial Services Market

IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world’s top financial firms and global enterprises, today announced the introduction of a Global Business Unit dedicated to designing and delivering Managed Services to help customers navigate through the increased complexity and regulatory requirements associated with trading communications.

This strategic initiative is a result of growing customer interest in specialized services to help improve performance, reduce costs and provide the flexibility to quickly meet changing business demands. Marianne Leitch has been appointed as the senior executive to develop the Managed Services business.

“We partner with our customers to help them realize efficiencies that result in immediate cost savings, which is top of the agenda in today’s climate,” Marianne Leitch, Senior Vice President, IPC Managed Services said.  “Our Managed Services also provide IPC with an opportunity to transform our service business to support customer requirements well into the future with flexible financial and innovative technology solutions.”

 

“The incentive for the financial industry to embrace managed services has never been greater,” Dushyant Shahrawat, Senior Research Director, CEB TowerGroup said. “We estimate that managed services spending will double from $9.4 billion in 2013 to $18.6 billion by 2015. Demand for these services will grow faster than for BPO, KPO and other forms of outsourcing. Capital markets firms will migrate to a Managed Services model driven by cost pressures, renewed focus on core competency, and to remain competitive in areas like securities trading.”

IPC Managed Services will leverage the company’s core service expertise and global processes to deliver proactive service management, innovative technology solutions and strategic planning focused on the core trading communications technologies:

  • Trading Systems; * Communications networks; * Voice Recording; * PBX and Unified Communications Systems; * Applications. 

IPC Managed Services will provide customers with a cost-effective and comprehensive approach to simplify the growing complexities associated with management of today’s mission-critical communications infrastructure and day- to-day service management and support.  Managed Services has a growing team of dedicated experienced service delivery professionals, engineering resources, trading communication expertise and marketing and sales support to deliver ITIL-aligned management, support, improved business processes and reporting. A consultative approach assures each customer gets the services best suited to their organization and needs. Services offered include: system and network monitoring and management, inventory management, vendor management, order management, data protection, application support, transformation services and regulatory conformance.

Stephen Crowe, Vice President, Business Development, will be leading IPC Managed Services sales.  “We are excited about the opportunity to deliver value-added services to the global financial community,” Crowe said.  “In partnership with our customers we aim to make it easy for them to achieve their transformation strategies for the trading environment.”

About IPC

IPC offers high- and low-touch trading communications and managed service solutions to the global financial trading community including the top investment banks, hedge funds and investment managers in established and emerging markets. With a 100-percent focus on this sector and nearly 40 years of expertise and an unrivaled record of innovation, IPC provides customers with unified solutions that support collaborative voice trading and real-time electronic trading and market data connectivity.  IPC’s offerings include the first unified communications/application platform, award-winning hard and soft turrets, electronic connectivity services including enhanced voice services, business continuity solutions, and follow-the-sun service and support. IPC’s global reach extends to nearly 60 countries – including a financial extranet of 4,000 on-net locations in over 700 cities and more than 115,000 turrets deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 1,000 employees located throughout the Americas and the EMEA and Asia-Pacific regions.

IPC’s Financial Markets Network Provides Jefferies with Global Connectivity

IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world’s top financial services firms and global enterprises, today announced that Jefferies & Company, Inc., a global investment banking firm, has selected two of IPC’s Financial Markets Network offerings, Connexus Financial Extranet service and Direct Connect data service, to increase its competitiveness and boost its international business growth.

Connexus and Direct Connect provide Jefferies with access to key global financial market participants including buy-side firms, liquidity venues, market data providers, independent software vendors and data centers, as well as inter-office connectivity.  In addition, the IPC Financial Markets Network offers Jefferies enhanced communications capabilities, improved customer service, increased productivity and reduced administrative expenses.

“Jefferies has served companies and investors for 50 years now. With offices in over 30 cities around the world, we needed fast, flexible service to reach our clients and our providers,” said Sean Milligan, Senior Vice President, Technology, Jefferies. “IPC’s Connexus and Direct Connect provide us with professionally managed connectivity that enables us to reach customers, liquidity venues or anyone else we need to reach when and where we need to reach them.”

 

“IPC is committed to providing industry leading, value-added network solutions for traders in a reliable and secure environment,” said Joe Pickel, Vice President, Network Services Product Management, IPC. “Connexus and Direct Connect provide Jefferies with the financial extranet and direct connectivity services that offer global reach and superior customer service along with fast and efficient access.”

Connexus is part of the IPC Financial Markets Network service portfolio which also includes private extranet and Direct Connect data services, as well as Trader and Enhanced voice connectivity services. IPC’s Financial Markets Network interconnects global financial centers and allows access to more than 4,000 market participant locations in over 700 cities in nearly 60 countries. Built on an IP/MPLS backbone, the highly scalable and secure Connexus supports a number of industry standard and trading protocols.

About IPC

IPC offers high- and low-touch trading communications solutions to the global financial trading community including the top investment banks, hedge funds and investment managers in established and emerging markets. With a 100-percent focus on this sector and nearly 40 years of expertise and an unrivaled record of innovation, IPC provides customers with unified solutions that support collaborative voice trading and real-time electronic trading and market data connectivity.  IPC’s offerings include the first unified communications/application platform, award-winning hard and soft turrets, electronic connectivity services including enhanced voice services, business continuity solutions, and follow-the-sun service and support. IPC’s global reach extends to nearly 60 countries – including a financial extranet of 4,000 on-net locations in over 700 cities and more than 115,000 turrets deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 1,000 employees located throughout the Americas and the EMEA and Asia-Pacific regions.

IPC Adds Javelin Capital Markets to the Connexus Cloud

IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world’s top financial services firms, today announced that they have added Javelin Capital Markets LLC (“Javelin”), an OTC derivatives execution platform, to IPC’s Connexus Financial Extranet service.

Under the Dodd-Frank Act, the Commodities Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) are responsible for writing the rules that will regulate the OTC derivatives market and for changing what has been mostly a privately negotiated market into a more transparent, electronic marketplace. Firms will need to establish and maintain constant connectivity in order to retain access to liquidity. Javelin has chosen IPC’s Connexus platform to enable its customers to not just comply with regulations but to also capture liquidity, achieve best execution and gain a strategic advantage in the rapidly evolving landscape for OTC derivatives.

Javelin was founded in 2009 by derivative trading and technology professionals. Since then, Javelin has created a Swap Execution Facility “SEF”, a platform for regulated trading of swaps, in response to the changing market structure in OTC derivatives as a result of the global financial crisis. Javelin’s SEF offers low cost, real time trade execution for Interest Rate and Credit Default Swaps, with both anonymous Limit Order Book and Request for Quote execution combining optimal liquidity with transparency and market depth.

“We are delighted that IPC is providing connectivity to a diverse pool of market participants seeking direct access to the Javelin trading platform,” said Michael Black, Head of Infrastructure, Javelin Capital Markets. “As the OTC derivatives markets embrace change, it is extremely important for our clients to have reliable and secure connectivity to our platform for trade execution.”

 

“As the market structure for OTC derivatives continues to evolve, IPC is providing its customers with solutions that help their clients seize alpha generation opportunities,” said Joe Pickel, vice president, Network Services Product Management, IPC. “As electronic trading in interest rate and credit default swaps flourishes having Javelin Capital Markets as a liquidity venue destination on Connexus will provide market participants with the flexibility required to trade these rapidly growing asset classes.”

IPC has been rapidly developing a community of market participants in the OTC derivatives market that includes broker-dealers, inter-dealer brokers, derivative execution venues and major institutional investors. Connexus is part of the IPC Financial Markets Network service portfolio which also includes private extranet and Direct Connect data services, as well as Trader and Enhanced Voice communications services. IPC’s Financial Markets Network interconnects global financial centers and allows access to more than 4,000 market participant locations in over 700 cities in nearly 60 countries. Built on an IP/MPLS backbone, the highly scalable and secure Connexus supports a number of industry standard and trading protocols.

About Javelin Capital Markets

Javelin Capital Markets, LLC was formed in 2009 as a derivatives execution platform for Interest Rate Swaps and Credit Default Swaps. Javelin offers both anonymous electronic and voice-hybrid methodologies for trade execution. Javelin works with several execution and agency swap partners to ensure optimal liquidity for its diverse customer base. Javelin will register as a SEF, or Swap Execution Facility, under the Dodd Frank Act as soon as the SEF rules are finalized. For more information, visit www.thejavelin.com

About IPC

IPC offers high- and low-touch trading communications solutions to the global financial trading community including the top investment banks, hedge funds and investment managers in established and emerging markets. With a 100-percent focus on this sector and nearly 40 years of expertise and an unrivaled record of innovation, IPC provides customers with unified solutions that support collaborative voice trading and real-time electronic trading and market data connectivity.  IPC’s offerings include the first unified communications/application platform, award-winning hard and soft turrets, electronic connectivity services including enhanced voice services, business continuity solutions, and follow-the-sun service and support. IPC’s global reach extends to nearly 60 countries – including a financial extranet of 4,000 on-net locations in over 700 cities and more than 115,000 turrets deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 1,000 employees located throughout the Americas and the EMEA and Asia-Pacific regions.

Survey Finds Industry Is Underprepared Despite Growing OTC Derivatives Trading And Market Regulation

As new regulations emerge to govern OTC derivatives trading and the market itself grows, a recent survey has found that financial institutions are underprepared to meet the requirements these regulations will place on them even as they plan to increase their trading activity in OTC derivatives. Released today, the survey entitled “OTC Derivatives Trading Trend Survey” was conducted by IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world’s top financial services firms and global enterprises. It highlights the state of firms’ and the industry’s preparedness for the OTC derivatives market’s new Swap Execution Facility (SEF) model going into 2013.

 

The survey generated responses from hedge funds, investment banks, broker/dealers, exchanges and other financial institutions. Key findings include:

 

Trading to Grow Significantly

  • 94 percent said their firms are already trading swaps or other OTC derivatives or plan to do so in the next six months;
  • 74 percent expect their firms’ trading volumes to increase in the next year.

Lack of Regulatory Preparedness

  • 36 percent reported that their company did not have a plan in place to deal with new regulations;
  • 62 percent said their firms were not well-prepared for the impending regulations;
  •  Only 19 percent said the industry as a whole was well prepared to meet the regulations.

Mixed View on Benefits of Regulation

  • 26 percent say the benefits of new regulation far outweigh any associated costs;
  • 31 percent say the impact of new regulation will be negative leading to increases in the cost/complexity of trading with little or no benefits.

Increased Transparency, Reduced Risk

  • 57 percent expect new regulations to increase market and transaction transparency and 53 percent cited this benefit as moderately or critically important;
  • 43 percent said that reducing systematic risk was moderately or critically important but only 29 percent expected new regulations to actually reduce such risk.

View of the Future

  • 66 percent expect to see trading shift to the futures market;****
  • 19 expect the importance and value of the OTC Derivatives market to grow.****

It’s All About Connections

  • 62 percent say their firms are or will be connected to one or more SEFs;****
  • 39  percent are connected or plan to connect to more than 10 SEFs;****
  • 23 percent will connect to more than 20 SEFs.****

“The survey results confirm what we’ve been hearing from the market and it paints an interesting picture,” said Ganesh Iyer, senior product marketing manager, IPC. “OTC derivatives trading has been hotly debated for the last few years, yet there is concern – and in some cases an outright admission – that neither individual firms nor the industry as a whole are well-prepared for the coming changes.”

 

“This concern is juxtaposed against an already operating and fast-growing market,” Iyer said. “Taken together, these points underscore what we have concluded and what our customers have learned: connectivity to SEFs and the various other OTC derivatives execution venues is critical not only for addressing compliance concerns but also for gaining competitive advantage and capitalizing on new opportunities.”

The research covered a broad range of roles supporting the full trade 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 sides of trading operations.

About IPC

IPC offers high- and low-touch trading communications solutions to the global financial trading community including the top investment banks, hedge funds and investment managers in established and emerging markets. With a 100-percent focus on this sector and nearly 40 years of expertise and an unrivaled record of innovation, IPC provides customers with unified solutions that support collaborative voice trading and real-time electronic trading and market data connectivity.  IPC’s offerings include the first unified communications/application platform, award-winning hard and soft turrets, electronic connectivity services including enhanced voice services, business continuity solutions, and follow-the-sun service and support. IPC’s global reach extends to nearly 60 countries – including a financial extranet of 4,000 on-net locations in over 700 cities and more than 115,000 turrets deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 1,000 employees located throughout the Americas and the EMEA and Asia-Pacific regions.

IPC’s Connexus Financial Extranet Successfully Marks First Anniversary With Increasing Global Momentum

Just one year after its introduction, IPC’s Connexus Financial Extranet has quickly become a major global player in the data connectivity market with a fast-growing on-net community of customers, service providers, and major exchanges in both established and emerging markets.  Helping fuel Connexus’s growth is an expanding number of providers increasing the offering of the Connexus suite of features and capabilities providing customers with the tools they need to meet the challenges of today’s trading environment.

“Whether they’ve been looking to participate in a large on-net community, reduce network complexity or increase speed-to-market, customers have immediately seen the value of Connexus,” Joe Pickel, vice president, Network Services Product Management for IPC said.  “It’s certainly been a case of Connexus exceeding our expectations because we’ve designed it to exceed customer expectations.”

Connexus was introduced in late 2011 to offer capital market participants quick and cost-effective access to a broad range of cloud-based trade lifecycle services through a single connection.  It features an IP/MPLS network backbone and supports standard protocols including TCP, IP, UDP and multicast as well as trading protocols including FIX and SWIFT.

Although Connexus may feature the newest and most advanced technology in the market, that is only a small part of the reason for its success according to Pickel.  “With 40 years of experience serving the capital markets we know that technology isn’t a solution in and of itself.  It’s how you leverage that technology to provide services that makes the difference,” Pickel said.

In the case of Connexus, IPC has leveraged the technology to provide customers with the ability view network performance and bandwidth utilization in real- time, allowing them to better manage capacity and performance and to even proactively plan for changes in usage and demand.

Customers access the information through a secure portal that gives them global visibility, reporting and hands-on analysis of their network as well as business-level transactions such as information about service requests or circuit ordering.

 

IPC has also invested in embedding instrumentation throughout its Connexus network for proactive and enhanced reactive management. Based on best-of-breed network and Financial Industry tools, IPC has a comprehensive approach that includes intelligent monitoring points from Datacom Systems and performance management solutions from NetScout, providing proactive monitoring and end-to- end visibility into the performance of Connexus’s network infrastructure.

“With the additional visibility and control we provide, customers can make better connectivity and bandwidth decisions and help their firms operate smarter, faster and more efficiently.  And our monitoring capabilities increases overall support, responsiveness and customer confidence” Pickel said.  “That’s a tremendous advantage for our customers and based on its growth in the first year, it’s also a tremendous advantage of our Connexus offering.”

Connexus is part of the IPC Financial Markets Network service portfolio which also includes private extranet and Direct Connect data services, as well as Trader and Enhanced voice communications services. The IPC Financial Markets Network is an expansive global network designed for voice and electronic trading and caters exclusively to the exacting demands of capital market participants. The network interconnects global financial centers and allows access to more than 4,500 market participant locations in over 700 cities in nearly 60 countries.

About IPC

IPC Systems, Inc. offers high and low touch trading communications solutions to the global financial trading community including the top investment banks, hedge funds and investment managers in established and emerging markets. With 100% focus on this sector and nearly 40 years of expertise and an unrivaled record of innovation, IPC provides customers with unified solutions that support collaborative voice trading and real-time electronic trading and market data connectivity.  IPC’s market-leading offerings include the first unified communications/application platform, award-winning hard and soft turrets and electronic connectivity services. IPC’s global reach extends to nearly 60 countries – including a Financial Extranet of 4,500 on-net locations in over 700 cities and more than 115,000 turrets deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 1,000 employees located throughout the Americas and the EMEA and Asia-Pacific regions.