IPC Partners With Algomi To Leverage IPC's Financial Markets Cloud

Global financial markets technology and service provider, IPC Systems, Inc., today announced its collaboration with Algomi, the network company providing information-matching solutions for the optimization of fixed income Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. The partnership will focus on the delivery of Algomi's DealCall, an application which leverages IPC's Financial Markets Cloud.

The DealCall application will be integrated into both Algomi's Honeycomb platform and IPC's community of financial market participants, enabling Honeycomb users to swiftly and securely connect to their dealers.

The collaboration will allow for seamless communication for Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term users of the Honeycomb application. Users will be able to access on-demand connectivity to their sales coverage teams at their chosen banks in just one click. DealCall brings together the IPC community of over 6,000 diverse market participants and Algomi's applications, creating a rich, secure and market-enhancing customer experience.

Commenting on the partnership with Algomi, Neil Barua, CEO of IPC, said: "The successful implementation of DealCall on the IPC Financial Markets Cloud means Honeycomb network participants can work with their counterparts on large sensitive trades in an efficient and secure manner".

Stu Taylor, CEO of Algomi, also commented on the benefits of the collaboration: "Both Algomi and IPC share a common goal of empowering market participants to source liquidity, generate alpha and mitigate risk in the fixed income markets."

DealCall introduces an enhanced level of productivity and efficiency as Honeycomb network participants will have an integrated experience and be able to immediately communicate with counterparties. The users of the Honeycomb can now access bond information and dynamically communicate using instant messaging and instant voice communications.

The announcement of its partnership with Algomi follows the acquisition of Etrali Trading Solutions earlier this year, and yesterday’s launch of its new brand identity reflecting its enhanced focus on customer solutions in the areas of compliance and regulatory adherence, the financial markets community, and communications.