IPC Systems Introduces Connexus Financial Extranet Service
JERSEY CITY, N.J., Nov. 21, 2011 /PRNewswire/ — IPC Systems Inc., today announced the formal debut of Connexus(TM), its financial extranet service for facilitating trading lifecycle communications. Connexus helps capital market participants gain quick and cost-effective access to a broad range of cloud-based trade lifecycle services through a single connection.
Connexus is specifically designed to meet the evolving requirements of capital markets firms for increased flexibility and responsiveness, bringing speed, simplicity, expertise and cost advantages to buy side firms, sell side firms, inter-dealer brokers, liquidity venues, clearing and settlement firms as well as application and market data providers. For application providers such as OMS/EMS vendors, order routing specialists, market data vendors, FX platforms, exchanges, electronic communication networks (ECN) and clearing firms, Connexus delivers guaranteed service performance for their customers to access and use their trade lifecycle applications.
Connexus also meets the challenges associated with electronic trading by enabling participants to avoid costly infrastructure investments while increasing speed-to-market and allowing faster reaction to customer requests. These benefits can help participants to maximize both network performance and opportunities in developed and emerging markets.
“The development of Connexus drew upon our nearly 40 years of experience and sole focus in capital markets,” said Michael Speranza, senior vice president, Product Management, IPC. “Connexus customers can leverage fast service activation for sending and receiving critical trade and market data within the trading community, allowing them to serve their customers better, complete deals faster and compete more successfully.”
Connexus is part of the IPC Financial Markets Network service portfolio which also includes private extranet and DirectConnect data services, as well as Trader and Enhanced voice connectivity services. IPC’s Financial Markets Network interconnects global fiÃ‚nancial centers and allows access to more than 4,000 Ã‚market participant locations in over 700 cities in more than 58 countries. Connexus leverages a highly scalable, reliable and secure Multiprotocol Label Switching (MPLS) platform which adheres to financial industry standards such as the FIX protocol.
“We have rapidly grown our global financial community and added more than 50 exchange venues around the world to meet the demands of the global financial services market,” said David Brown, senior vice president, Global Network Operations, IPC. “Our innovation, expansion and enhancement of our trading connectivity services, such as Connexus, has been designed to provide our customers with the sophisticated tools they need to trade more efficiently and grow their business.”
IPC 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 a 100-percent 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 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 58 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.
Media Contacts Robert Thibault Matt Pennacchio IPC Systems, Inc. Ruder Finn for IPC +1 201-253-2162 +1 212-715-1613 email@example.com firstname.lastname@example.org
SOURCE IPC Systems