IPC Launches Unigy 36006.23.2017 By John D'Antona Editor, Traders Magazine
IPC, a leading global provider of secure, compliant communications and networking solutions for the financial markets community, today announced the launch of Unigy 360, a software-as-a-service (SaaS) solution performance engineered to deliver innovation, economics and powerful new capabilities for global financial market participants. Unigy 360 offers the advantages of IPC’s industry-leading Unigy® platform for unified communications and applications along with the simplicity and scalability of a cloud-based solution. The initial offering will target the small to medium buy-side and energy market customers as IPC expands its product portfolio to address the needs of the one million regulated users within the financial markets. The solution also includes the Unigy 360 application which provides reliable, secure and “anytime, anywhere, any device” access to counterparties, liquidity, and trade lifecycle services.
“Unigy 360 is a game changing proposition that serves as a powerful catalyst and enabler for addressing the most complex and challenging communications and workflow requirements of regulated users in the global financial markets,” said Neil Barua, Chief Executive Officer, IPC, “The solution is pivotal for clients to mitigate operational, market, business and investment risks. The role of Unigy 360 is particularly vital during volatile market conditions when users need reliable and compliant access to their counterparties.”
“Cloud adoption continues to grow in the global financial markets as it provides mobility, business continuity, low total cost of ownership, agility and rapid time-to-market while requiring virtually no upfront investments or IT support,” said Anthony J. Perrotta Jr., Chief Executive Officer, TABB Group, an international research and consulting firm focused exclusively on the capital markets. “Banks, broker-dealers, institutional investors, traditional asset managers and alternative investment managers that deploy state-of-the-art cloud-based solutions will achieve significant business benefits while complying with global regulatory requirements.”
The fintech was launched to build better infrastructure to access capital markets.
IPC Systems won Best in Cloud (Connexus Cloud) at the 2022 Markets Choice Awards.
The bank plans to move all IT systems and enterprise data over the next four years.
The firm aims to replace outdated tech in capital markets.
The partnership expedites implementations, improves data access, and increases operational efficiency.