IPC Systems Introduces Financial Markets Cloud for ETF Trading

Wednesday, 29/06/2016 | 16:52 GMT by Jeff Patterson
  • IPC Systems' ETF cloud trading service helps cater to both buy- and sell-side participants.
IPC Systems Introduces Financial Markets Cloud for ETF Trading
Bloomberg

IPC Systems, Inc., a global provider of specialized communications and managed network-as-a-service (MNaaS) solutions, has introduced its Financial Markets Cloud service, which strengthens the capabilities and trading of exchange-traded funds (ETFs) for its clients, according to an IPC statement.

The latest cloud module follows just one week after the company’s launch of its Connexus Cloud service, helping integrate IPC’s global clientele with up to 6,000 market participant locations. The Connexus Cloud solution was engineered to deliver an augmented lineup of IPC's product suite, which includes a slate of communications-as-a-service as well as various information management compliance.

As for the Financial Markets Cloud, IPC Systems opted to cater to sell-side firms as well as its diverse community of Buy-Side groups that includes a panel of institutional investors, insurance companies, corporate treasuries, asset managers, and hedge funds. The fundamental goal of the cloud utility will be to streamline the trading of ETFs, whether electronically or via voice.

The new implementation of the service is important for IPC Systems, which is looking to tap into a growing ETF market. During H1 2016, ETF trading across the United States was on the ascent, according to Broadridge data.

Joseph Pickel

Joseph Pickel

According to Joseph Pickel, Global Head of Sales and Marketing, Financial Markets Network, IPC, in a recent statement on the launch: “The combination of ETFs and our Financial Markets Cloud offers a powerful and transformational paradigm for the rapidly evolving global fixed income markets where sourcing Liquidity , mitigating risk, connecting market participants and enabling all-to-all trading have become imperative.”

"Today's announcement underscores our unwavering commitment to providing market participants with next generation solutions to reliably and securely trade ETFs in listed and over-the-counter markets around the world,” he added.

IPC Systems, Inc., a global provider of specialized communications and managed network-as-a-service (MNaaS) solutions, has introduced its Financial Markets Cloud service, which strengthens the capabilities and trading of exchange-traded funds (ETFs) for its clients, according to an IPC statement.

The latest cloud module follows just one week after the company’s launch of its Connexus Cloud service, helping integrate IPC’s global clientele with up to 6,000 market participant locations. The Connexus Cloud solution was engineered to deliver an augmented lineup of IPC's product suite, which includes a slate of communications-as-a-service as well as various information management compliance.

As for the Financial Markets Cloud, IPC Systems opted to cater to sell-side firms as well as its diverse community of Buy-Side groups that includes a panel of institutional investors, insurance companies, corporate treasuries, asset managers, and hedge funds. The fundamental goal of the cloud utility will be to streamline the trading of ETFs, whether electronically or via voice.

The new implementation of the service is important for IPC Systems, which is looking to tap into a growing ETF market. During H1 2016, ETF trading across the United States was on the ascent, according to Broadridge data.

Joseph Pickel

Joseph Pickel

According to Joseph Pickel, Global Head of Sales and Marketing, Financial Markets Network, IPC, in a recent statement on the launch: “The combination of ETFs and our Financial Markets Cloud offers a powerful and transformational paradigm for the rapidly evolving global fixed income markets where sourcing Liquidity , mitigating risk, connecting market participants and enabling all-to-all trading have become imperative.”

"Today's announcement underscores our unwavering commitment to providing market participants with next generation solutions to reliably and securely trade ETFs in listed and over-the-counter markets around the world,” he added.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
Head of Commercial Content
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