IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced that it has enhanced its network capabilities in Russia.
IPC's points-of-presence (PoPs) in Moscow have been enhanced to support all of IPC's channel solutions including the firm's flagship extranet service, latency sensitive managed Ethernet service and MPLS corporate WAN solution. The announcement was made at an exclusive client event attended by senior industry leaders at the prestigious Swissotel Krasnye Holmy hotel in Moscow and follows closely on the heels of IPC announcing that it has extended its Financial Markets Network service portfolio to its Connexus platform.
Leveraging a unified and converged infrastructure, IPC is uniquely positioned to deliver a comprehensive channel product portfolio and solution set that is performance engineered to fulfill the growing demands of both Russian and global capital market participants. IPC's network expansion in Moscow enables investors in Eastern Europe, the Commonwealth of Independent States (CIS) and other parts of the world to access prime services as well as reliably and securely trade and hedge in the financial markets of the Russian Federation.
"Operationally resilient networks and the secure connectivity throughout the trade lifecycle are absolutely essential irrespective of whether a firm is borrowing securities or trading equities, debt, listed derivatives, FX, OTC derivatives or structured products," said Ilya Batay, CIO, BCS Global Markets. "As a leading provider of innovative and customizable high and low touch trading solutions in Russia, we are excited that IPC is offering the network infrastructure that market participants require to achieve their overarching objectives."
"Today's announcement emphasizes IPC's dedication to serving global market participants that are interested in reliably and securely accessing the Russian financial markets with cutting-edge technologies," said David Brown, Senior Vice President and Managing Director, Financial Markets Network, IPC. "We are pleased to continue investing in next-generation solutions that empower both the buy-side and broker dealer community to not only generate alpha and source liquidity in Russia's markets but also communicate on-demand with counterparties."
The IPC Financial Markets Network portfolio includes Connexus Extranet, Connexus Ethernet, Connexus WAN, Connexus Channel and Trader Channel services. IPC's Financial Markets Network interconnects global financial centers and allows access to more than 6,000 market participant locations across 700 cities in more than 60 countries.
Contributed | what does this mean?