Upgrade links global financial hubs in the Americas and Europe providing customers with high-speed, low-latency and extremely resilient connectivity
New Jersey, N.J. – September 29, 2010 – IPC Systems, Inc., a leading provider of indispensable trading communications solutions to the world’s top financial services firms and global enterprises, today announced a significant upgrade to its transatlantic network. The upgrade involves the extension of its existing fully resilient high speed Dense Wavelength Division Multiplexing (DWDM) network which connects North American trading hubs in New York directly to venues in London and the greater European trading community.
Recognizing the insatiable appetite of financial service firms for secure and fast transatlantic network connectivity IPC has upgraded its network increasing resiliency, throughput speed and overall bandwidth. The upgrade has been built to provide the highest levels of performance and route diversity. This facilitates dedicated connectivity into key liquidity centers across North America and Europe meeting the demanding requirements of investment banks, hedge funds and brokerage firms.
“As trading strategies that were once domestically focused become increasingly global, the need to increase bandwidth and reduce latency expand beyond co-location centers and metro areas to trans-oceanic linkages,” said Kevin McPartland, Senior Analyst, TABB Group. “That being the case, partnering with a firm that can provide low latency, high bandwidth and highly reliable connectivity is increasingly critical to ensuring growth over the long term.”
“This transatlantic upgrade is extremely important for IPC as it supports our customers in two regions,” said Dave Brown, senior vice president, Network Services Operations, IPC Systems. “With significant enhancements recently completed to both our North American and European networks, the transatlantic upgrade logically follows as part of the global expansion plan for providing our customers with secure and dedicated connectivity to trade at the low latency speeds and reach the widest range of liquidity they need to compete on a global level.”
IPC’s global financial network connects the world’s major financial centers, and is exclusively focused on providing market participants with the secure, high-speed connectivity they increasingly demand to support all aspects of their trade lifecycle. Specifically engineered for electronic trading applications, IPC’s ECS allows organizations to benefit from secure, dedicated bandwidth, and take advantage of scalable and flexible connectivity capabilities to support their evolving electronic trading requirements.
About IPC
IPC is a leading provider of indispensable financial trading communications solutions to the world’s top financial services firms and global enterprises. With 35 years of expertise and innovation, IPC provides its customers with global systems and solutions, as well as a suite of products and enhanced services that includes advanced Voice-over-IP technology and integrated network and 24x7x365 management services in more than 60 countries. Based in Jersey City, N.J., IPC has approximately 900 employees throughout the Americas, Europe and Asia-Pacific regions. For more information, visit www.ipc.com.
Media Contacts
Anu Ahluwalia
IPC Systems, Inc
+1 201-253-2073
anu.ahluwalia@ipc.com
Matt Pennacchio
Ruder Finn for IPC
+1 212-715-1613
pennacchiom@ruderfinn.com
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