IPC has focused on providing connectivity, security and flexible trading solutions to the world’s financial markets since 1973. The firm has more than 7,000 customers around the globe. IPC Systems is an acknowledged leader in SaaS communications platforms and ultra-low latency electronic trading connectivity. Robin Amlôt of IBS Intelligence speaks with Tim Carmody, Chief Technology Officer at IPC Systems about the last 50 years and the next 50!
Eforex asked Tim Carmody, CTO at IPC Systems, to tell us more about how the firm has maintained its market leading position over the past 50 years.
IPC Systems’ CTO, Tim Carmody, a visionary in the technology landscape, offers invaluable insights into the dynamic evolution of the enterprise chief technology officer (CTO) role. As technology continues to reshape industries at an unprecedented pace, CTOs find themselves at the forefront of innovation and strategic decision-making.
Carmody’s thought leadership underscores the need for CTOs to possess not only technical acumen but also the ability to navigate complex ecosystems, forge strategic partnerships, and align technology initiatives with overarching business objectives. It’s a shift from the CTO being seen as merely a tech expert to a strategic leader who shapes the company’s future.
New York and London, August 30, 2023 – IPC is pleased to announce an industry collaboration that brings together Celoxica’s Market Access Gateway with IPC’s Connexus platform to deliver a hosted, fully managed colocation solution to a Tier 1 Investment Bank in Taiwan, for enhanced Direct Market Access (DMA) and pre-trade risk management.
IPC is providing fully managed hosting services in the CHT data center, underpinned by Connexus Colocation, Connectivity and Chrono services, to deliver more efficient market access to – and lower latency trading in – Taiwanese financial markets. This solution is further enhanced with seamless integration with Celoxica’s Market Access Gateway (MAG) platform that supports trading multiple asset classes, with comprehensive pre-trade risk management and assured ultra-low latency performance, regardless of trading volumes and market volatility. Further, the Investment Bank benefits from cost efficiencies through replacing capital expenditure with an operational expenditure service model.
John Owens, Director of Global Exchange Relationship Management, IPC Systems, said, “We are pleased to have the opportunity to collaborate with Celoxica on a fully managed, ultra-low latency market connectivity and pre-trade risk management trading solution that supports our customer’s speed to market with respect to exchange, broker and client connectivity.”
Ben Tyas, Head of Asia region for Celoxica, commented, “Partnering with IPC allows us to continue building our presence in the Asia Pacific region and offer both local and global customers a fully managed service leveraging our ultra-low latency product suite for market data, trading and risk checks.”
A specialist technology and service leader powering global financial markets for over 50 years, IPC Systems is at the forefront of electronic trading connectivity and state-of-the-art cloud communications, setting the standard for exceptional service, innovation, and expertise.
IPC’s customer-first approach is bolstered by an extensive and diverse financial ecosystem that spans all asset classes and connects market participants anywhere in the world for enhanced communication, collaboration, and compliance. Global services include electronic trading, trading communications, and infrastructure-as-a-service solutions.
IPC is ideally positioned to anticipate change and remain aligned with rapidly transforming markets, and to empower customers to adapt to change, now and in the future. To learn more, visit www.ipc.com, explore our Insights page and follow us on LinkedIn.
At Celoxica we pride ourselves on our knowledge of the trading community we serve which enables us to provide exceptional solutions and services to our clients. We deliver these services globally across three key elements of the systematic trading lifecycle – Market Data, Risk Management, and Order Execution – for the buy and sell side including Hedge Funds, Quantitative Traders, Banks, and Brokers.
Our client use cases, as outlined below, are examples of how we provide these solutions and managed services across three typical deployments. https://celoxica.com/
IPC’s Unigy platform is a software-as-a-service (SaaS)-based unified communications and applications platform providing users with compliance, security, and control. It addresses an increasing trend accelerated by the global pandemic, for secure, efficient, and compliant remote access to trading environments, and specifically for unified communications solutions that facilitate efficient and secure communication in and across multiple channels.
“It is a great achievement to have once again won the best trading floor communication system provider category. It’s also a resounding endorsement of our Unigy platform and our success supporting the evolving communications needs of financial markets trading participants. It recognizes the focus and endeavor of our global team in delivering consistent service excellence and technological innovation to our valued customers.” Bob Santella, CEO, IPC Systems.
A specialist technology and service leader powering global financial markets for over 50 years, IPC Systems is at the forefront of electronic trading connectivity and state-of-the-art cloud communications, setting the standard for exceptional service, innovation, and expertise.
IPC’s customer-first approach is bolstered by an extensive and diverse financial ecosystem that spans all asset classes and connects market participants anywhere in the world for enhanced communication, collaboration, and compliance. Global services include electronic trading, trading communications, and infrastructure-as-a-service solutions.
IPC is ideally positioned to anticipate change and remain aligned with rapidly transforming markets, and to empower customers to adapt to change, now and in the future. To learn more, visit www.ipc.com, explore our Insights page and follow us on LinkedIn.
London and Hamburg – July 18, 2023 – IPC Systems, a leading provider of secure, compliant communications and multi-cloud connectivity solutions for global financial markets, and CryptoStruct, a major low latency cryptocurrency market data and trading solution provider, have joined forces to offer enterprise-grade data to IPC’s Connexus® Crypto ecosystem.
Launched in November 2021, Connexus Crypto is IPC’s flagship solution for cryptocurrency trading, supporting complex trading strategies and mitigating risk. Connexus Crypto, a market leading arbitrage enabling solution for cryptocurrency trading, allows market participants to buy and sell cryptocurrency simultaneously in different markets. The solution also provides users with low latency connectivity and instant access to the liquidity of several global crypto exchanges. Connexus Crypto is underpinned by the Connexus Cloud platform, a multi-cloud trading ecosystem connecting more than 7,000 global market participants.
CryptoStruct provides an all-in-one trading solution including highly accurate, normalized, low-latency market data from global crypto exchanges and comprehensive tick histories nano-second time-stamped in colocation for all supported markets. The offering gives customers the option to choose between the whole trading solution or market data only. In both cases, customers will benefit from low-latency access to normalized market data in a single format, making it effortless to integrate and scale their business. The integration with Connexus Crypto gives further choice by enabling customers to receive data not only in the cloud but also via the low-latency backbone infrastructure from IPC with access points all over the world.
“With CryptoStruct joining the IPC ecosystem, our customers will now benefit from a suite of low-latency market data feeds, specifically for the crypto asset class. This is an exciting addition and expansion from our recent announcement with Celoxica, which cements our position as collaborating with best-of-breed providers in the low-latency electronic trading arena,” Alex Walker, VP Global Network Data Sales, IPC Systems.
“We are thrilled to partner with IPC on the delivery of market data to the Connexus Crypto trading environment. Customers will benefit from our sophisticated feed arbitrage which makes our feed not only ultra fast but also highly reliable. Furthermore, with the ability to provide a nano-second time-stamped full depth tick-history, traders and quants will find it very easy to analyze and back-test their trading ideas,” Iain Clarke, Head of Sales, CryptoStruct.
A specialist technology and service leader powering global financial markets for over 50 years, IPC Systems is at the forefront of electronic trading connectivity and state-of-the-art cloud communications, setting the standard for exceptional service, innovation, and expertise.
IPC’s customer-first approach is bolstered by an extensive and diverse financial ecosystem that spans all asset classes and connects market participants anywhere in the world for enhanced communication, collaboration, and compliance. Global services include electronic trading, trading communications, and infrastructure-as-a-service solutions.
IPC is ideally positioned to anticipate change and remain aligned with rapidly transforming markets, and to empower customers to adapt to change, now and in the future. To learn more, visit www.ipc.com, explore our Insights page and follow us on LinkedIn.
CryptoStruct is the go-to solution for algorithmic trading in the vibrant world of crypto markets, committed to delivering a smoother, more reliable trading experience.
Established in 2019, CryptoStruct provides its customers with a cutting-edge yet user-friendly strategy development kit and trading runtime. This system empowers trading firms to devise and implement their unique trading strategies within an event-driven framework. As a result, CryptoStruct’s clients can seamlessly expand their trading strategies across various exchanges using this robust and fast system. The key advantage of CryptoStruct’s offering is that it enables trading firms to concentrate on their primary objective: crafting profitable trading strategies.
Additionally, CryptoStruct provides highly accurate, normalized, low-latency market data co-located next to the exchanges. Moreover, comprehensive tick histories are available for all supported markets. To learn more about us, please visit www.cryptostruct.com and follow us on LinkedIn.
As IPC Systems, Inc. celebrates 50 years as a fintech pioneer in trading communications and connectivity, our CEO Robert Santella discusses how the firm is currently focused on the application of cloud, data and digital technologies.
Celia Dunleavy, Vice President Communications Sales, EMEA at IPC Systems, Inc., and Adam Toms, CEO of OpenFin, offer valuable insights into the collaborative partnership between IPC and OpenFin, highlighting the strategic advantages and synergies that drive their successful alliance.
IPC Systems is a renowned provider of robust and compliant communication and networking solutions tailored to the specific needs of the global financial industry. Their cutting-edge technology facilitates seamless connectivity and collaboration, empowering financial market participants worldwide.
OpenFin is a prominent provider of operating systems designed specifically for financial desktops. Their secure and interoperable platforms facilitate swift development and deployment of cutting-edge financial applications, enhancing user experience, productivity, and collaboration within the industry.
“With IPC Unigy now running on OpenFin, we can bring the different levels of unification on the desktop together. That means that applications can interoperate with each other in a seamless manner, creating very powerful workflows for the end user. Why is that important? It’s definitely going to make a change to productivity, and it’s also going to lower operational risk.” – Adam Toms
“Voice is a much better way to communicate sentiment and to get to a deeper level of analysis … Voice on the trading floor is important – particularly for complex products. During the pandemic, we saw that a lot of voice communities got torn down by big changes in where people were trading from and which platforms they were using to communicate with each other. We see that rebuilding those ecosystems, those communities and those relationships is going to be very important over the next few years.” – Celia Dunleavy
NEW YORK, NY and GLASGOW, UK – June 19, 2023 – Beeks Group, a leading managed cloud computing and analytics provider for the global financial markets and IPC Systems, a leading provider of electronic trading solutions, today announced the deployment of an advanced managed infrastructure-as a-service (IaaS) solution for the JSE. JSE, the largest stock exchange in Africa, can now offer, direct to their own customers, an in colocation branded experience.
“The launch of Colo 2.0 will further entrench our position as a centre of innovation for financial markets on the African continent. We will provide our clients with leading-edge innovative hosting and connectivity solutions for their colocation needs. This collaboration with two global market leaders is paramount to fostering innovation at the JSE,” says Langa Manqele, Head of Equities and Equity Derivatives at Johannesburg Stock Exchange.
The collaboration between Beeks and IPC provides the financial markets with one of the industry’s foremost private and hybrid computing infrastructure offerings, with global availability at premier colocation facilities. Together, they are delivering end-to-end market solutions that syndicate market data and trade lifecycle services with a powerful, purpose-built trading infrastructure in key global markets. The joint solution will enable customer deployments within JSE’s own data centres. JSE’s clients will be able to utilise all the capabilities of Beeks Exchange Cloud and IPC, including on-demand cloud and analytics capabilities.
“Africa is fast emerging as an influential global player and this is a huge opportunity for Beeks, IPC and the JSE to help drive capital markets innovation and development in Africa. By reducing CapEx spend and operational barriers to entry, our flexible solution allows the JSE to offer a branded cloud service in their own facility, and control that infrastructure easily at scale, turning a cost centre into a profit centre. Beeks Exchange Cloud derived from an identified demand from global exchanges for a secure multi-client private cloud environment and we are delighted to share that vision with the JSE and look forward to establishing a long-term and successful relationship”. Gordon McArthur, CEO at Beeks Group.
“This is a major development for IPC and the South African marketplace. The customer reception so far has been tremendous. By leveraging our solution, JSE’s clients can reduce time to market, decrease capital expenditure and ease their dependency on working with multiple vendors. As a continent experiencing rapid transformation and one of the fastest expanding economic regions globally, the role of Africa’s capital markets for economic development has never been more critical. IPC is excited to facilitate that potential with JSE and we look forward to sharing our expertise within the 40+ economies of the region”. Matt Pilkington, Business Development Manager at IPC Systems.
The innovative service empowers the exchange to directly mitigate the often-costly challenges faced by clients, such as monitoring, hosting, maintenance, and time to market concerns. Taking advantage of the benefits of a managed service provider and the infrastructure-as-a-service model, JSE can now offer additional capabilities and further choice to their client base.
Beeks is a leading managed cloud computing and analytics provider for Capital Markets and financial services. Our vision is simple: Build. Connect. Analyse. With a growing international network of data centres, Beeks provides end to end outsourcing of compute environments by delivering low-latency compute and analytics, on-demand. Our cloud-based infrastructure-as-a-service (IaaS) model allows financial organisations the flexibility and agility to deploy and connect to exchanges, trading venues and cloud service providers at a fraction of the cost of building their own networks and infrastructure. ISO 27001 certified, Beeks supports its global customers at scale exclusively within global capital markets and leading financial centres. beeksgroup.com
A specialist technology and service leader powering global financial markets for over 50 years, IPC Systems is at the forefront of electronic trading connectivity and state-of-the-art cloud communications, setting the standard for exceptional service, innovation, and expertise.
IPC’s customer-first approach is bolstered by an extensive and diverse financial ecosystem that spans all asset classes and connects market participants anywhere in the world for enhanced communication, collaboration, and compliance. Global services include electronic trading, trading communications, and infrastructure-as-a-service solutions.
IPC is ideally positioned to anticipate change and remain aligned with rapidly transforming markets, and to empower customers to adapt to change, now and in the future. To learn more, visit www.ipc.com explore our Insights page and follow us on LinkedIn.
The Johannesburg Stock Exchange (JSE) has a well-established history of operating as a marketplace for trading financial products. It is a pioneering, globally connected exchange group that enables inclusive economic growth through trusted, world-class, socially responsible products, and services for the investor of the future. It offers secure and efficient primary and secondary capital markets across a diverse range of securities, spanning equities, derivatives, and debt markets. It prides itself as being the market of choice for local and international investors looking to gain exposure to leading capital markets on the African continent.
The JSE is currently ranked in the Top 20 largest stock exchanges in the world by market capitalisation, and is the largest stock exchange in Africa, having been in operation for 135 years. As a leading global exchange, the JSE co-creates unlocks value & makes real connections happen. www.jse.co.za
New York – June 9, 2023 – IPC, a leading provider of electronic trading, trading communications and infrastructure ‘as a service’ solutions, announced that it has won the TradingTech Insight Awards USA 2023 for Best Cloud Platform for Trading Applications.
Connexus Cloud is an unparalleled multi-cloud solution for global financial markets that connects more than 7,000 capital markets participants – buy- and sell-side firms, inter-dealer brokers, liquidity venues, energy firms, market data sources and clearing and settlement firms – in 750 cities and 60 countries worldwide.
Tim Carmody, Chief Technology Officer, IPC said: “We are delighted that our innovative Connexus Cloud technology and platform has been recognized as a market leader by the financial trading community. IPC is committed to the continuous evolution and improvement of our trading solutions and services, and to providing the highest standards of quality and performance with respect to cloud connectivity and execution. Thanks to the A-Team Group for hosting the awards and to our clients and supporters who took the time to vote for IPC.”
Connexus Cloud facilitates efficient trade execution, order routing and market data delivery, giving consistency and confidence to market participants through secure, reliable connectivity for sourcing liquidity, generating alpha, and mitigating trading risk. By integrating private and hybrid cloud connectivity and enabling secure access to over 550 public clouds, Connexus Cloud empowers cloud connectivity with secure, high-performance data and voice communications technologies.
A specialist technology and service leader powering global financial markets for over 50 years, IPC Systems is at the forefront of electronic trading connectivity and state-of-the-art cloud communications, setting the standard for exceptional service, innovation, and expertise.
IPC’s customer-first approach is bolstered by an extensive and diverse financial ecosystem that spans all asset classes and connects market participants anywhere in the world for enhanced communication, collaboration, and compliance. Global services include electronic trading, trading communications, and infrastructure-as-a-service solutions.
IPC is ideally positioned to anticipate change and remain aligned with rapidly transforming markets, and to empower customers to adapt to change, now and in the future.
To learn more, visit www.ipc.com, explore our insights page, and follow us on LinkedIn
Our CEO Kurt Adams joins ICE’s Chris Edmonds on Inside the ICE House to discuss how IPC is leading the next chapter of innovation—through customer-first approach, cutting-edge technology, and a bold new vision for voice trading.
