MEDIA RELEASE PR37092
IPC Systems Upgrades U.S. Network to Meet Growing Voice and Electronic Trading
Requirements
JERSEY CITY, N.J., Nov. 16 /PRNewswire-AsiaNet/ --
Completion of the first stage of significant enhancements to
company's U.S. network minimizes latency, ensures predictability and expands
geographic coverage for financial services trading firms
IPC Systems, the leading provider of indispensable trading communications
solutions to the world's leading financial services firms, today announced
the completion of the first phase of its North American network expansion.
IPC's east ring deployment directly connects six IPC point-of-presence (POP)
facilities in key electronic trading locations across New York, Chicago and
Houston via a high-speed fully, restorable optical network. The upgraded
network infrastructure leverages the latest wave technology to enable the
secure delivery of private line voice and electronic connectivity services
over a high-speed, high-bandwidth service platform to support the growing
demand for low-latency trading connectivity and supporting services.
This continued investment in state-of-the-art backbone infrastructure and
technology will ensure that IPC's expanding global trading community
maintains direct access to the most efficient connection highway to reach
their clients and execution venues across the region. Built in conjunction
with tier-one carrier partners, the new platform provides customers with
resilient service delivery and self-healing re-routing capabilities. It
delivers customer voice and electronic trading data over a secure converged
IP-based network ensuring the lowest possible latency and highest
performance.
"IPC has dedicated significant resources to plan and thoroughly test, not
just the technology, but the implementation method, tracing out various
routing options for optimal performance," said Jeff Britell, director,
Network Planning, IPC Systems. "Our customers demand a best of breed approach
and IPC proactively chose service providers to support the lowest latency and
space diverse routes to exceed these expectations, which was no small task."
With the completion of this strategic initiative, IPC has successfully
completed the first phase of its major network expansion program,
significantly expanding its network capacity and delivering a first-class
multi-service platform that meets the most stringent performance needs, while
improving latency and resiliency.
"This is just the beginning, and again confirms IPC as the logical choice
for financial firms looking to connect to a global network that is latency
efficient, and offers the greatest range of connectivity options in key
markets. IPC already links directly with over 2,400 trading floors and
exchanges worldwide and connects more than 3,600 trading participants through
its secure private global network. Our next program of activity has already
started with further expansion in capacity and increasingly lower latency to
meet the escalating demand for our new service offerings from the financial
community," added Lou Marchese, vice president, Network Services Americas,
IPC Systems.
This upgrade is part of the IPC's continuing commitment to its customers
to provide the optimum trading network and follows the company's recent
completion of its high-speed Pan-European Optical Network connecting nine
major trading locations.
About IPC
IPC is a leading provider of indispensable financial trading
communications solutions to the world's leading 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
Media Contacts
Cliff Fox Matt Pennacchio
IPC Systems, Inc. Ruder Finn for IPC
+1 201-253-2291 +1 212-715-1613
cliff.fox@ipc.com pennacchiom@ruderfinn.com
SOURCE: IPC Systems, Inc.
CONTACT: Cliff Fox of IPC Systems, Inc.,
+1-201-253-2291,
cliff.fox@ipc.com or
Matt Pennacchio,
Ruder Finn for IPC,
+1-212-715-1613,
pennacchiom@ruderfinn.com
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