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Press Release -- March 19th, 2020
Source: IPC Systems
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IPC Expands Connexus Cloud Ecosystem with Integration of Best Execution Solutions (BXS)

IPC announced today that Best Execution Solutions, LLC (BXS), a premier provider of Best Execution analytics and trade surveillance software, is being integrated into the award-winning Connexus Cloud platform.

NEW YORK – March 18, 2020 – IPC, a leading global provider of secure, compliant communications and networking solutions for the global financial markets community, announced today that its award-winning Connexus Cloud platform is integrating Best Execution Solutions, LLC (BXS), a premier provider of Best Execution analytics and trade surveillance software. Now, BXS’s unparalleled toolkit can be accessed via the secure, high-performance Connexus Cloud platform.

“Many firms find execution analytics quite daunting, particularly for compliance – and understandably so,” said Mike Smith, Director of Global Exchange Relations Management, IPC. “It can be an opaque task with myriad challenges, which is why we sought to incorporate BXS’s offerings into our flagship Connexus Cloud ecosystem.”

BXS has developed a reliable set of products that provide market centers, broker-dealers, and institutions the most cost effective solutions that fulfill their compliance reporting obligations, such as SEC Rule 605, Rule 606, and Best Execution reviews, along with a comprehensive set of trading surveillance modules and transaction costs analysis tools.

“We’re thrilled to be partnering with IPC and its global Connexus Cloud financial ecosystem,” said Mike Post, Vice President, Business Development and Strategy, BXS. “We will be able to provide our rapid and seamless solutions to an even wider set of market participants, and further exemplify why BXS is the go-to firm to help clients not only to comply, but compete.”

Connexus Cloud is an unparalleled multi-cloud platform for the global financial markets, an ecosystem that interconnects more than 6,600 diverse capital market participants across 750 cities in over 60 countries. Market participants interested in speaking to IPC subject matter experts about Connexus Cloud can schedule a meeting with us. We also encourage you to learn more at www.ipc.com.

About IPC
IPC is a technology and service leader powering the global financial markets. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With a customer-first mentality, IPC brings together one of the largest and most diverse global financial ecosystems spanning all asset classes and market participants. As the enabler of this ecosystem, IPC empowers the community to interact, transact and react to market changes and challenges, and we collaborate with our customers to help make them secure, productive, compliant and connected. Visit ipc.com and follow us on LinkedIn and Twitter (@IPC_Systems_Inc).

About BXS
Best Execution Solutions, LLC (“BXS”) is a privately owned company which focuses on providing Best Execution solutions, regulatory reporting, trading analytics, and surveillance software across multiple asset classes. BXS was founded in 2015 by industry veterans and is operated by a management team with extensive experience in the financial industry. BXS has developed a reliable set of cost effective products and services that provide Broker Dealers, Institutions, Market Centers with solutions that fulfill their Compliance reporting obligations such as SEC Rule 605, Rule 606, and Best Execution reviews, along with a comprehensive set of peer-to-peer comparison and transaction cost analysis tools that provide a competitive edge and enhance profitability.

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.

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