Staying connected whilst staying safe
IPC Systems wins “Best Connectivity Solution” at SBR Technology Excellence Awards 2022
Whilst the COVID-19 pandemic has transformed the workplace as we know it, connectivity has become more important than ever. IPC Systems winning the award in the“Connectivity in Financial Services category at the Singapore Business Review (SBR) Technology Excellence Awards 2022 validates the huge team effort and hard work that has gone into this evolving solution.
“With IPC’s Connexus Cloud, you’re connected to a community of capital market participants to reach everyone you need throughout the trade lifecycle,” said Richard Balmer, Director of Network Product Strategy, IPC Systems. “We are extremely honoured for Connexus Cloud to be recognised by our industry leaders, customers, and partners.”
The awards programme recognises major breakthroughs, innovations, and key players in the tech industry of Singapore, and IPC Systems’ Connexus Cloud exalted them from their competition by providing a Network-as-a-service (NaaS) platform that offers flexibility for clients to address their business needs without worrying about connectivity issues interfering with generating alpha, sourcing liquidity, or risk mitigation.
Connexus Cloud is a multi-cloud platform ecosystem, interconnecting more than 7,000 diverse capital market participants across 750 cities in over 60 countries, including buy-side and sell-side firms, trading platforms, market centres, liquidity venues, interdealer brokers, application and market data providers, and clearing/settlement services. IPC Connexus Cloud offers data, voice, and enterprise connectivity that continues to empower sell-side firms to trade faster, become more agile and enhance their competitive advantages.
More than 2,000 sell-side firms including investment banks, brokers, dealers, inter-dealer brokers, and prime brokers leverage Connexus Cloud to connect to buy-side firms in order to provide trade lifecycle services and enable the execution of a range of trading strategies. Thousands of sub-ecosystems are provided by the service throughout the trade lifecycle and span multiple asset classes such as equities, fixed income, currencies, commodities, and their derivatives - futures, options, forwards, and swaps.
Being a mission-critical suite of managed solutions, the platform includes Connexus Extranet, Connexus Ethernet, Connexus WAN for a managed virtual private network (VPN), and a full suite of Trader Voice services including Connexus Voice and Enhanced Voice Services (EVS) with advanced SIP functionality, all delivered in one unified access and protocol-agnostic that supports a myriad of industry protocols such as FIX messages, transaction standards, and the likes.
IPC has continued to strengthen the Connexus Cloud ecosystem with impactful innovations such as Connexus Crypto, an arbitrage-accelerating solution that was launched in November 2021, enabling investors to simultaneously buy and sell cryptocurrency in different markets and take advantage of price differences. Aside from the game-changing feature, Connexus Crypto also offered superior reliability and inter-exchange connectivity while mitigating the biggest risk to successfully exploit arbitrage opportunities, which is price slippage caused by high latency and delayed execution times.
“IPC’s Connexus Crypto addresses the growing APAC interest in institutional-grade cryptocurrency surveillance and trading options servicing. APAC is cementing its status as a crucial region for digital asset innovation and IPC is committed to enabling market participants to trade successfully in the global cryptocurrency markets,” said Joseph Pickel, Vice President, Product Strategy, IPC Systems.
The company aims to continue its growth within the APAC region to address the increase in interest on institutional-grade cryptocurrency surveillance and trading options servicing, as the region is cementing its status as a crucial region for digital asset innovation. As a blockchain-optimised network, Connexus Cloud provides access to 550+ Cloud Service Providers and Public Clouds facilitating SaaS, Hybrid, and other Cloud models.
Watch the interview below to know more about their winning project: