Cable&Wireless Worldwide has won a new contract from IPC, a leading provider of voice and electronic trading communications solutions, to provide a high performance, secure and resilient network for its global financial customers between key locations across Asia and Europe.
IPC's customers, including the top investment banks, hedge funds and investment managers based in developed economies like the US, as well as in the emerging markets; will now take advantage of C&W Worldwide's next-generation network, which provides high-speed, low latency connectivity to support the trading communities in Hong Kong, Tokyo, Singapore and the UK.
"This announcement positions IPC and its Direct Connect service as an ideal network infrastructure platform for capital market participants who require a secure, high-speed solution for accessing liquidity venues," said Jeffrey Britell, Vice President, Global Carrier and Exchange Relations, IPC. "By working with Cable&Wireless Worldwide, we offer a latency-sensitive, secure and resilient solution that enables our customers to maintain a competitive edge."
"As a network provider of mission critical communications, Cable&Wireless Worldwide is committed to supporting the global needs of IPC. Our world-class low latency network solutions are tailored for the needs of high frequency trading requirements of their customers," says Andrew Morawski, Managing Director, Americas, Cable&Wireless Worldwide.
C&W Worldwide delivers low latency, dedicating Ethernet Private Line 'AlgoNet' solutions over its fully meshed global transmission network, at speeds up to 1Gbps and across 31 sites in Asia, India, the UK, Continental Europe and the US. It manages a next-generation network comprising 132 established Points of Presence (PoPs) which serves the needs of over 6000 customers around the world.