IPC opens Paris office

Source: IPC Information Systems

IPC Information Systems, a leading provider of mission-critical trading floor communication solutions for the global financial services industry, has opened a dedicated office in France.

With over 30 years of industry experience and outstanding success as a market leader throughout the Americas, the United Kingdom and Asia, IPC has recently been expanding its presence in continental Europe.

IPC's Paris-based office will provide sales, implementation, integration and support services for trading floors communications solutions including dealer boards and associated equipment, and network and enhanced services. IPC already has a number of significant customers in France, including Barclays Capital, Morgan Stanley, JP Morgan Chase, and Citigroup.

The new direct sales and services office will be managed by Hubert Serfaty, who joins IPC from Etrali, where he was responsible for building and managing their London office. "Historically, there has been a limited choice of suppliers in the trading floor technology market in France. IPC's arrival will ensure there are more significant alternatives which will bring major benefits to the French financial community." said Mr. Serfaty. "IPC has three decades of experience in this sector and is focused on the needs of global financial organisations. IPC's solutions are state-of-the-art, utilizing VoIP (Voice over Internet Protocol) technology to provide benefits such as complete Business Continuity (BCP) alternatives, flexible solution deployment, complete system resiliency and outstanding operational efficiencies."

A recent survey of the French financial trading market by Kimsey Consulting(1), a market research-led advisory and consulting company for the wholesale financial and energy trading sectors, found that IPC's customers in France gave the company top performance ratings for functionality, technical innovation, systems capacity and ease-of-use. IPC earned the best overall customer ratings of all the voice communications trading systems providers in the survey.

"IPC welcomes the opportunity to work more closely with the French financial services market. Our investment in both people and technical resources in Paris reinforces our pledge to current and prospective clients," said Colin Knight, president EMEA for IPC. "Investing in a direct presence in Paris will allow IPC to better serve the unique requirements of the French financial community which will be addressed by a committed and experienced local team."

The office, based in the Opera area of Paris, further extends the company's reach in continental Europe. IPC currently has offices in Frankfurt and Milan and a European headquarters in London. Mr. Serfaty is supported in this office by a team of experienced sales and technical team who have over 50 years' combined expertise with the French financial marketplace.

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