IPC Systems, a leading provider of indispensable trading communications solutions to the world's leading financial services firms and global enterprises, today announced that it has expanded its global network coverage through a partnership with Internet Solutions (IS), a division of Dimension Data, based in South Africa.
This partnership dramatically reduces the installation time to connect with trading venues across Europe and Africa, whilst assuring optimal service levels required to complete international trading transactions. Today's news follows IPC's recent announcement of the expansion of its services in Asia Pacific and demonstrates commitment to partnering with best-of-breed companies to deliver access to IPC's global network.
IPC partnered with IS, a leading converged communications service provider offering an innovative portfolio of voice and data services within South Africa. The partnership enables IPC's customers to take advantage of its network reach supported by the expertise of IS to deliver its services effectively and reliably to financial services firms based in Africa.
South Africa is primed for connection to major international capital markets due to the strength of its bond market. This enables IPC's On-Net community, comprising nearly 4,000 locations, to connect more rapidly to trading partners in Cape Town and Johannesburg, across a resilient and diverse network dedicated to traders. The presence in South Africa and the relationship with IS increases IPC's global network reach and provides direct connectivity to a rapidly developing financial center.
"IPC continually invests in its global network to provide access to new pools of liquidity. This ensures that we are able to connect our customers to more markets quickly, securely and reliably," said Mathew Whitmore, program manager, Network Services, IPC Systems. "Our partnership with Internet Solutions is another important step in supporting global financial services firms to compete effectively in the modern marketplace."
The connectivity in South Africa provides an ultra-resilient secure global financial network supported by IPC's unmatched, always-on, proactive service management to facilitate high performance trading on a global scale.
"Internet Solutions is proud to have been chosen for the provision, management and uptime support for IPC's South African footprint," said Wayne Speechly, general manager, Voice Solutions, Internet Solutions. "Driven by our experience and in-depth knowledge of the local market both from a technical and regulatory perspective, our services enforce IPC's network capabilities securely and reliably within this region."