IPC Systems, the leading provider of indispensable communications solutions to financial services firms, today announced that MIDF Amanah Investment Bank (MIDF Investment) has chosen IQ/MAX, the advanced VoIP-powered digital console systems to replace their existing equipment and technology.
This win signifies the largest supply of IQ/MAX to date in Malaysia, a key growth market for IPC. IPC provides trading floor solutions and services to the world's largest financial services institutions in more than 40 countries, with more than 105,000 traders around the world relying on an IPC trading desktop every day. More than 57,000 of those use Voice over Internet Protocol (VoIP) technology.
IPC provides IP enabled, flexible, reliable and scalable trading infrastructure that enables Disaster Recovery and compliance-related functionality with the easy-to- use IQ/MAX turret, IPC's 2nd generation advanced trading console designed by traders for traders. These solutions provide a cost effective and competitive means to meet business requirements for companies to grow in key markets. IPC has the capability, skill-set and support services to meet these requirements, enhancing the delivery of services and products to clients.
"We are extremely honored to be chosen by a top tier financial institution such as MIDF Amanah Investment Bank in our growing Malaysian key market. We are committed and proud to be the one stop advanced trading solution provider for MIDF Amanah Investment Bank," said David Dodd, Managing Director, Asia Pacific, IPC.
The deal with MIDF Amanah Investment Bank is further evidence of IPC's continued commitment to Asia Pacific. In the last two years alone, IPC opened 9 offices in the region and now serves more than 500 major clients in 15 cities throughout Asia, including Barclays Capital, Deutsche Bank, JPMorgan Chase and Citigroup.