SOURCE: IPC Systems

IPC Systems

April 19, 2010 09:00 ET

IPC Extends Electronic Connectivity Services and Enhanced Voice Services to Key Toronto Equities Trading Venues

Solution Expansion Provides Superior Levels of Access to Global Markets and Enhances Voice Trading Resiliency and Recovery for Canadian Trading Firms

JERSEY CITY, NJ--(Marketwire - April 19, 2010) -  IPC Systems, Inc., a leading provider of indispensible trading communications solutions to the world's top financial services firms, today announced the upgrade of its Toronto point-of-presence (POP) to provide service availability of its Electronic Connectivity Services (ECS) and its Session Initiation Protocol (SIP)-based Enhanced Voice Services (EVS) for the Canadian market. The addition of ECS and EVS will offer Canadian trading firms unprecedented levels of service for high-speed, global market access and voice trading resiliency.

The expansion of the ECS infrastructure into Canadian financial markets further expands IPC's ability to deliver high-speed, dedicated connectivity to exchange venues, alternate trading facilities and counterparty firms in Canada. ECS offers a standardized global delivery platform with rapid service-delivery intervals and low-latency performance.

"By delivering Electronic Connectivity Services to the Toronto marketplace, IPC continues to expand its global ECS deployment," said Jeff Britell, director, Network Planning, IPC. "This deployment will allow fast access with direct connectivity into the Chicago and New York exchange trading environments while also acting as a gateway to IPC's global exchange connectivity platform."

In addition to enhanced connectivity to global trading venues, Canadian firms can also take advantage of IPC's EVS platform which enables uninterrupted delivery of trader voice services to a single or multiple trading floors and facilitates interoperability with existing services at trading counterparties. IPC customers can implement resilient delivery options to a single site, or take advantage of simultaneous circuit presentation to multiple sites to address business continuity planning and disaster recovery connectivity requirements and provide the traders in their firms uninterrupted, always-on voice trading communications.

"The Canadian availability of IPC's ECS and EVS represents another step forward in IPC's commitment to deliver trader productivity and drive operational efficiencies throughout the North American market," said Lou Marchese, vice president, Network Services Americas, IPC. "Continued investment in our network and voice trading solutions provide IPC's customers with simplified connectivity and a suite of resilient and scalable communications capabilities that enable them to effectively compete in today's local and international marketplace."

IPC's financial network, comprising of 4,000 global trading firms, vendors and venues links 200 cities in 60 countries across six continents. With a global reach IPC is able to connect thousands of financial market trading participants into a single community linked by the company's secure private network. This network enhancement is part of the IPC's continuing commitment to its customers to provide the optimum trading network and follows the company's recent announcement regarding the expansion of its high-speed wave network in North America.

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 60 countries. Based in Jersey City, N.J., IPC has approximately 900 employees throughout the Americas, Europe and Asia-Pacific regions. For more information, visit www.ipc.com