National Bank of Abu Dhabi deploys IPC Unigy trading comms tech

Source: IPC Systems

IPC Systems today announced the deployment of their best-selling Unigy unified trading communications platform to the National Bank of Abu Dhabi (NBAD).

"We are excited to implement Unigy within our infrastructure to realize the business advantages provided by the scalable hardware and centralized management solutions while lowering our overall operating costs," said Mr. Robert Smith, Deputy SGM Global Financial Markets & GM Trading and Investments, Trading Floor, NBAD. "The migration from our old system was smooth, and the domestic installation and support will help us expand our presence within our markets."

The business continuity planning system has been implemented in the bank's Abu Dhabi headquarters and in their Dubai offices, with a total of 111 positions across their two front-room sites. This makes NBAD the first bank in the UAE to deploy Unigy, reinforcing their technological leadership and enabling them to react quickly using the industry's most advanced trading communications platform.

"Our deployment of the Unigy system includes two back room data centers, including one specifically designated for data recovery. A third back room data center was also put in place, giving us further protection in case of a complete loss of the others, providing a future-proof solution for business continuity planning," said Mr. Jamal Abboud, head - business services, IT Department , NBAD. "This project was domestically handled by Rashed Al Makhawi Enterprises (RAME) – a leading solutions provider in the Middle East. Their approach and detailed progress reports helped reassure us throughout the project delivery. We are satisfied with their execution and responsiveness."

NBAD's Unigy implementation will help keep them resilient in case of any data connection interruption and will help improve the bank's current efficiency and productivity. IPC Systems, as a leading provider of trading communications, will be able to support the bank locally because of its global positioning.

"We are very proud to have been selected to install this system for NBAD to help transform their tradingg workflow," added Mr. Vivek Raghavan, general manager, Rashed Al Makhawi Enterprises. "Our team of skilled field engineers and highly trained technicians provide support online, on-site and over the phone 24 hours a day, 7 days a week to help our clients run at peak efficiency. Our strong partnership with IPC helps us offer this exemplary aftersales service and support."

"We are excited that the National Bank of Abu Dhabi has chosen Unigy for its business continuity needs," said Mark Miller, vice president, Product Management for IPC. "Our ultimate goal is to provide customers with the tools and technologies they need to succeed in an increasingly competitive environment. We will continue to work to meet the diverse needs of our financial customers in this region and around the world to deliver not only technology but also the highest standard of customer care."

Unigy is IPC's revolutionary unified trading communications and applications platform. The Unigy platform's open standards and service oriented architecture (SOA) help streamline trading workflows, create custom apps for a competitive edge, reduce operational risks and lower total cost of ownership (TCO) for firms of all sizes.

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