enepath, a trading technology and communications specialist, has launched the Eclipse product suite, offering voice trading technology for trading room needs in an attempt to streamline communications and scalability for buy and sell side firms, according to an enepath statement.
The Eclipse product suite offers a Turret as a Service (TaaS) option, which operates as a fully managed solution with remote hosting and multiple accessibility options including private cloud. In conjunction with its partner Telstra, the new product also utilizes a linear cost model that allows a trading desk to scale up and down from one to thousands of turrets as required.
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The foundation for the new product was built on enepath’s Adaptive Media Platform (AMP), which aims to deliver a fully distributed private peer2peer (P2P) IP voice trading network which adapts in real-time to provide redundancy. In addition, the Eclipse Turret was developed for both buy and sell side trading firms, complete with multiple levels of security for users and devices to help ensure traders operate in a fully secure and audited environment.
According to Huw Williams, enepath Chief Technology Officer (CTO), in a recent statement on the launch: “Our voice trading technology has been developed with today’s traders in mind who are accustomed to multi-channels, touch screens and tablets. Our mission is to enable traders to operate efficiently and with confidence anywhere and at anytime.”
“The enepath team, with our long pedigree in voice trading solutions, understand that voice hardware is still as important as it ever was. Whilst some in this industry are suggesting that a software only solution is the way to transform the cost model, the Eclipse range addresses the cost requirement without the associated consequences of having to compromise on quality and functionality,” he added.
“The FinTech sector has much potential for competition and growth and enepath is taking a leading role in this market”. He continued “With the delivery of our new Eclipse product suite and working with Telstra, our global business partner, we are transforming the way people think about, implement and manage the use of voice inside and outside the trading room,” noted Gavin Davis, Chief Executive Officer (CEO) at enepath in an accompanying statement.