CFD Brokers Get New Compliance Tool as IPC Partners With Open Lake

IPC, the technology provider supporting FX and CFD brokers in enhancing trading capabilities, has partnered with Open Lake Technology (OLT) to address growing compliance challenges in financial communications, the companies announced today (Tuesday).

The collaboration integrates OLT's compliance automation technologies into IPC's Unigy voice communications platform, creating a unified system aimed at helping financial institutions meet regulatory requirements while improving operational efficiency.

“Financial institutions are under immense pressure to meet regulatory demands while optimizing operational efficiency,” said Colin Allison, Compliance Product Manager at IPC.

“Bringing OLT's automation and monitoring capabilities within our global communications technology environment enables our customers to streamline compliance activities and meet regulatory reporting obligations with confidence.”

CAP and TFSC

The integration brings two key OLT solutions to IPC's ecosystem. The Compliance Automation Process (CAP) verifies regulatory compliance in near real-time, identifying gaps in call recording and ensuring data quality and retention. Meanwhile, the Trade Floor Systems Check (TFSC) provides automated monitoring of trading terminals, voice recording systems, and network connectivity .

These tools aim to help financial firms address a persistent industry challenge: maintaining comprehensive compliance across increasingly complex communications infrastructures while containing costs.

“Our solutions assure compliance and also drive greater operational performance, complementing IPC's extensive communications technology solutions and services,” said Antony Derbes, CEO at Open Lake Technology.

IPC has been providing technology and services to financial markets for over 50 years, including FX/CFD industry, while Open Lake Technology specializes in automation solutions for trading and financial services firms.

A few months ago, IPC announced the acquisition of software communications firm Intracom Systems, expanding its technology offerings in the financial services sector.

IPC FX Hub

IPC Systems runs the FX Hub, a specialized low-latency, co-located performance solution designed to address complex trading challenges in the foreign exchange markets. The platform operates through strategically positioned infrastructure within Equinix's data centers across major financial hubs including New York, London, Tokyo, and Singapore, creating a global network that connects market participants with minimal latency.

The solution addresses the complexity of FX markets by providing streamlined access to various market participants including brokers, dealers, investment banks, and liquidity providers. It enables efficient trading, improved price discovery, and comprehensive market access through a consolidated management system.

As part of IPC's Financial Markets Network, the FX Hub extends to over 6,000 market participant locations across 700 cities in more than 60 countries.