IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced a collaboration with Chartwell Telecom that will strengthen IPC's presence in key growth markets of Central and Eastern Europe and support its overall strategic global expansion.
The collaboration will leverage Chartwell's highly visible presence in the region and offer IPC clients superior local customer support, project management, service monitoring and professional services. The initiative is part of a wide-ranging investment program IPC is making in important markets. The announcement follows recent news of IPC's enhanced capabilities in Russia as well as an important leadership role with the World Exchange Congress in Hungary.
"We are delighted to work with IPC and provide Central and Eastern European market participants with reliable and secure access to counterparties and trade lifecycle services through one of the world's largest and most diverse financial ecosystems," said Mark Zelman, Managing Director, Chartwell Telecom. "Our collaboration aims to deliver significant benefits to firms in the region including the ability to source liquidity, manage risk and hedge in the global financial markets."
"The Central and Eastern European markets have been witnessing increased trading of liquid financial instruments such as stocks, bonds, ETFs and derivatives as well as rapid growth in pension and insurance assets," said David Brown, Senior Vice President and Managing Director, Financial Markets Network, IPC. "The market is poised for growth and we are thrilled to work with Chartwell Telecom to expand our footprint in the region and provide market participants with cutting-edge communications and connectivity solutions."