20 June 2018
Visit www.worldwealthreport.com/

IPC launches Connexus Chrono

07 February 2017  |  2945 views  |  0 Source: IPC

IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced the launch of Connexus Chrono, a turnkey clock synchronization and time stamping service engineered to deliver high precision, synchronized and traceable time feeds to global financial market participants.

IPC delivers the Connexus Chrono solution from 10 state-of-the-art facilities in the European Union, North America and leading financial centers in the Asia-Pacific region such as Australia, Hong Kong, Japan and Singapore. Accurate, reliable and auditable time feeds are established using atomic clocks and are synchronized to UTC to ensure the same time is available from all Connexus Chrono clocks globally. Connexus Chrono can be delivered at a variety of different levels of accuracy ranging from 1 microsecond to 250 microseconds. The Connexus Chrono offering continues as part of a broader strategic plan from IPC to offer an innovative and comprehensive suite of products and services related to compliant communications.

"Clock synchronization and time stamping play a critical role in investor protection and the creation of fair, safe, efficient and transparent markets," said Anthony J. Perrotta Jr., Chief Executive Officer, TABB Group, an international research and consulting firm focused exclusively on the capital markets. "Market participants leveraging industry-leading solutions will achieve significant business benefits in addition to being able to easily comply with global regulatory requirements while enabling authorities to better monitor markets and trading activity."

"Time accuracy and synchronization are at the heart of regulatory compliance with MiFID II RTS-25 and FINRA Rule 4590 placing strict requirements on the granularity of timestamps and the maximum divergences of the clock they are read from depending on the trading strategy," said Robert Powell, Director of Compliance, IPC. "Connexus Chrono has been performance engineered to ensure that market participants are not only in compliance with global regulations around clock-synchronization of trade data but also benefit from enhanced performance visibility, risk mitigation, digital forensics and accurate financial reporting."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit equensworldline.comVisit https://info.nice.com/

Top topics

Most viewed Most shared
GPS raises £44 million to fund international growthGPS raises £44 million to fund intern...
12795 views comments | 5 tweets | 8 linkedin
Ripple exec says DLT not ready for banks...yetRipple exec says DLT not ready for banks.....
11219 views comments | 11 tweets | 33 linkedin
UK launches £2.5bn startup initiativeUK launches £2.5bn startup initiative
10100 views comments | 33 tweets | 27 linkedin
Live: EBAday2018, day twoLive: EBAday2018, day two
8253 views comments | 4 tweets | 6 linkedin
DBS to use robot to screen applicants for human jobsDBS to use robot to screen applicants for...
8137 views comments | 3 tweets | 6 linkedin

Featured job

to GBP £90K base, double OTE (estimate)
London, UK or Europe

Find your next job