Monday, Jan. 26, 2015
Business Continuity Planning, Compliance Needs and Evolving Market Structure Among Top Drivers of Demand
Jersey City, NJ – January 26, 2015 – Rapidly expanding connectivity requirements to meet new trading regulations worldwide and the need for robust business continuity planning (BCP) are among the major forces behind IPC’s continued revenue growth in its Enhanced Voice Services (EVS) solutions – part of IPC’s portfolio of Voice Connectivity Services. EVS is a SIP-based BCP voice service developed specifically for the global capital markets. The solution enables uninterrupted delivery of trader voice services to a single or multiple trading floors and facilitates interoperability with existing services at trading counterparties.
“Increased demand for voice connectivity services is not surprising given firms' unrelenting focus on compliance,” said CEB TowerGroup Research Director Gert Raeves. “Any firm expecting to survive and succeed in the new trading environment needs to invest in robust connectivity to counterparties, liquidity venues and trade lifecycle services.”
“We focus exclusively on the capital markets and continue to invest heavily in our connectivity and communications solutions,” said David Brown, Senior Vice President and Managing Director, Financial Markets Network, IPC. ”This makes IPC’s solutions a top choice for the trading communication and business continuity needs of financial market participants.”
“Leading capital market firms have selected IPC’s EVS solution to deploy agile and cost-effective business continuity and disaster recovery strategies,” said Joe Pickel, Global Head of Sales and Marketing, Financial Markets Network, IPC. “Currently, with an expansive global network that connects 200,000 traders in more than 5,000 locations in 60 countries, IPC’s Voice Connectivity Services enable capital market participants to connect to counterparties and liquidity venues around the world.”
IPC’s comprehensive portfolio of Voice Connectivity Services includes Trader Voice and EVS. IPC Voice Connectivity Services enable traders to reach counterparties, access global hoot and holler networks, and gain greater mobility in a rapid, cost-effective manner. The service also provides access to new markets, proactive infrastructure monitoring and unrivaled flexibility.
IPC is a global provider of mission-critical network services and trading communication technology to the financial markets community. With complete focus on this sector and over 40 years of expertise, IPC provides customers with integrated solutions that support traders and participants across the entire trade lifecycle including sell-side and buy-side financial institutions, inter-dealer brokers, liquidity venues, clearing and settlement firms, independent software vendors, corporate finance departments, financial information exchange providers and market data providers. IPC’s offerings include a unified communications/application platform, award-winning trading positions, managed voice and data connectivity solutions, compliance technologies, infrastructure management and a suite of enhanced service offerings. IPC’s global reach extends to more than 60 countries – including a network of 5,000 customer sites over 700 cities and an installed base of approximately 120,000 trading positions deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has over 900 employees located throughout the Americas and the EMEA and Asia-Pacific regions. IPC’s mission is to continually innovate to support collaboration across the global financial community and address our clients’ needs in an ever-changing landscape. For more information, visit www.ipc.com.
Certain statements contained in this press release may be forward-looking statements. These statements may be identified by the use of forward-looking terminology such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "should" or "will" or similar terminology. Any forward-looking statements are based on current expectations, assumptions, estimates and projections. Such forward looking statements involve known and unknown risks and uncertainties, many of which are beyond our control. Actual results may differ materially from any future results expressed or implied by these forward-looking statements.
- See more at: http://www.ipc.com/press-releases/299/major-market-participants-help-propel-growth-ipcs-/#sthash.SynFwqM3.dpuf