Network upgrade provides competitive advantage for market participants
London, U.K. – April 12, 2011 – IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world’s top financial services firms, today announced the launch of a premium express route between key data centre facilities in London and Frankfurt. Built specifically to support the extreme demands of today’s global capital markets, this route is designed to provide market participants with the competitive edge they need to capitalize on opportunities presented in the European markets.
This new high-performance route will provide direct connectivity between key data centre sites in London and Frankfurt. These data centres serve as central colocation sites for a number of key financial market participants in the UK and Germany.
Round trip latency of the upgraded route is as low as 8.8ms. Access to high performance, low latency connections is crucial for traders to generate alpha, conduct high-frequency trading, and capture liquidity at the best available prices.
“Microseconds matter more than ever and latency remains a highly sensitive issue in the financial services industry. This upgrade is the latest example of IPC’s commitment to the optimisation of its high-performance network in the world’s most trafficked routes. Throughout the past year we have invested heavily in connecting to exchanges all over the world and now are working to ensure that we can provide premium fast routes to all of these destinations. The London-Frankfurt route remains a major draw for latency-sensitive market participants in Europe, and we are pleased to be able to provide our customers this express route.” said Richard Petrie, Vice President, Network Operations EMEA, IPC Systems.
IPC’s global network interconnects the world’s major financial centres across 200 cities in 60 countries with secure, low-latency connectivity in support of all aspects of the trade lifecycle. The investment in more direct paths between key exchanges over the last six months has been a key driver behind IPC’s mission to extend network route capacity. This forms part of IPC’s long-term strategic plan to deliver the optimum trading network to connect buy-side firms, sell-side firms, market data providers, interdealer brokers and liquidity venues globally.
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 75 countries. Based in Jersey City, NJ, IPC has approximately 900 employees throughout the Americas, Europe and Asia-Pacific regions. For more information, visit www.ipc.com.
PR Archives: Latest, By Company, By Date