Jersey City, N.J., November 2, 2011 – IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world’s top financial services firms and global enterprises, has been named a top provider of financial technolgy to the financial services industry in the annual Financial Technology (FinTech) 100 Rankings, published by American Banker, Bank Technology News, and IDC Financial Insights. It is the seventh year in a row the company has been named to the FinTech 100.
IPC Systems ranked 26th on the list of financial technology companies that were judged according to their global revenues – attesting to the company’s stability and importance to the industry.
Earlier this year, IPC revolutionized trading communications technology with the launch of Unigy, an open, single services-oriented architecture (SOA)-based unified trading communications and applications platform. Unigy enables quicker collaboration between traders and the trade support team across middle and back offices and provides unlimited flexibility, scalability, and adaptability. In addition to the introduction of the Unigy platform, IPC has grown its already expansive global network with connections to various financial centers and liquidity venues. New connections include Tokyo, Singapore, Korea, Moscow and Frankfurt. This investment in IPC’s network has helped to grow the company’s global revenues and attract new customers across multiple regions.
“This ranking illustrates IPC’s leading presence in the global financial services market,” said Lance Boxer, chief executive officer, IPC Systems. “This year, we have made significant investment in developing new technologies and solutions to help our customers perform with greater agility and collaborate more effectively across the world. The introduction of our game-changing Unigy platform as well as investment in emerging markets across out global network is a testament to our commitment to innovation in the financial services sector.”
The 2011 ranking of the top 100 software and service providers in the financial services industry is categorized and evaluated by calendar year-end revenues (CY10) and the percentage of revenues from sales to financial services industry clients. The ranking includes vendors that derive more than one-third of eligible revenue from the financial services industry. All rankings are based on IDC Financial Insights’ revenue estimates including information provided by more than 400 individual public and private companies.
For more information about the rankings, visit www.financial-insights.com/fintech
To view the FinTech Special report, visit www.AmericanBanker.com/fintech100
IPC Systems 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, electronic connectivity services including enhanced voice services, business continuity solutions, and follow-the-sun service and support. IPC’s global reach extends to more than 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. For more information, visit www.ipc.com.