In an industry first, IPC Systems, Inc., a leading global financial markets technology and service provider, today announced the launch of the IPC Compliance Policy Engine, a new comprehensive software innovation that automates proactive compliance adherence and mitigates risk by financial trading communications and information governance.
IPC’s Compliance Policy Engine rollout is part of the company’s growing Risk & Compliance portfolio of services and solutions.
“With regulations such as Dodd-Frank, MAR, and MiFID II, capital market participants face the increasing burden of both interpreting the impact of regulations and demonstrating they are properly enforcing policies,” said Lionel Grosclaude, senior vice president, Risk & Compliance at IPC. “Financial companies today are not only liable if their employees are out of compliance, but if their supervisory and management systems do not adequately monitor and mitigate risks. IPC’s new Compliance Policy Engine is purpose-built for trader voice communications, empowering firms with easy to implement technology that establishes, maintains and helps automate policy enforcement.”
IPC Compliance Policy Engine can help firms stay compliant by allowing companies to establish, enforce, and supervise communications policies that, based on roles and organisational structure, appropriately permit or block voice communications between groups of employees or individuals in order to comply with global Material Non-Public Information Disclosure and Conflict of Interest regulations.
“Proactively managing trading communications and information governance risks will enable financial services firms to evolve their organisations more quickly and gain a competitive advantage,” said Lionel Grosclaude. “We are excited to add the ability to provide end-to-end proactive compliance to our growing portfolio of services and solutions that help our customers manage risks in their environment to ensure compliance.”
IPC’s new Compliance Policy Engine software platform is now available for the IPC Unigy platform, the company’s flagship unified communications and application platform. IPC Unigy is the world’s most widely adopted, secure, compliant end-to-end solution purpose-built to address the specific needs of the global regulated financial markets community.