IPC Systems, the leading provider of indispensable communications solutions to financial services firms, today announced that it has expanded its global network coverage with the addition of a new direct point-of-presence (POP) in Dubai.
Located at the Dubai International Financial Centre (DIFC), this new POP facility enables IPC Dubai-based clients to dramatically reduce the installation time to connect with trading venues across Europe and Asia-Pacific. Today's news follows IPC's recent announcement of its further expansion into the region through the direct delivery of its services into Bahrain as well as the completion of multiple network capacity upgrades worldwide.
The Dubai POP is located at the crossroads of the major international capital markets of London and Singapore, enabling IPC's on-net community comprising more than 3,600 locations to connect more rapidly to trading partners in Dubai across a resilient and diverse network dedicated to traders. The Dubai site increases IPC's global network presence and provides direct connectivity to an increasingly market-moving financial centre.
"These are challenging times in the financial sector; however, IPC is accelerating our plans to provide connectivity solutions to our customers that enable them to reach more markets quickly, securely and reliably," said Dave Brown, senior vice president, Network Services Operations, IPC Systems. "We are committed to invest in growth areas such as Dubai to help our global on-net community connect to new pools of liquidity and execution. This important network upgrade will support voice and data services trading firms rely to compete effectively in today's marketplace."
IPC partnered with Interoute, who is providing infrastructure over their state-of-the-art fiber optic network. Interoute is the owner operator of Europe's most advanced and densely connected voice and data network.
Jens Leuchters, Country Manager at Interoute for Germany and Austria commented: "We are pleased to provide bandwidth and collocation services to Dubai for IPC, a fast growing company which has for long been committed to providing superior service and support to its customers around the world. The agreement with IPC once again shows our competency as a global player in delivering bandwidth in the Middle East."
The Dubai POP will serve as the Middle East hub connecting Europe and Asia with an ultra-resilient, secure global financial network supported by IPC's unmatched 24/7/365 proactive service management to facilitate high-performance trading on a global scale.