IPC Systems, an international provider of specialized communications and managed network-as-a-service solutions, has launched its Connexus Cloud service, helping integrate IPC’s global clientele with up to 6,000 market participant locations, per a recent IPC statement.
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The Connexus Cloud solution will aim to deliver an augmented lineup of IPC’s product suite, which includes a slate of communications-as-a-service as well as various information management compliance. The launch is important for market participants as it helps allow its membership constituency to engage in secure informational exchanges, with an emphasis on mitigating risk.
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IPC also has plans in the pipeline to unveil a additional Connexus Cloud partners and products throughout 2016. Presently Algomi has signed on to become one of Connexus Cloud’s first partners.
According to Neil Barua, Chief Executive Officer (CEO) of IPC, in a recent statement on the launch: “Connexus Cloud is the foundation of IPC’s strategy to move the financial markets into a new era with an intuitive, robust and all-encompassing cloud delivery model. Its secure, compliant high performance design is purpose-built to be a new standard. We are continually expanding our collaborative ecosystem of data and voice resources exclusively for the financial markets community.”
“Financial institutions continue to migrate from on-premise solutions to embrace cloud-based models for infrastructure flexibility. The on-demand access Connexus Cloud provides to our expanding portfolio of IPC and IPC-certified partner products, services and solutions, will foster a growing, dynamic community and the next wave of industry advancements,” Mr. Barua added.
The launch of Connexus Cloud follows just one month after the release of IPC’s FX Hub, its platform designed to enhance trade lifecycle capabilities and services. FX Hub also acts as a low latency, co-located performance solution that was engineered to help reliably source liquidity, offering a variety of streamlined functions for market participants.