MEDIA RELEASE PR38518
IPC and Internet Solutions Partner to Deliver Direct Trading Connectivity Between Global Financial Centers
JERSEY CITY, N.J., Mar. 1 /PRNewswire-AsiaNet/ --
Strategic Partnership Delivers Instantaneous and Resilient Trader
Communications across South Africa, Europe, United States and Asia Pacific
IPC Systems, a leading provider of indispensable trading communications
solutions to the world's leading financial services firms and global
enterprises, today announced that it has expanded its global network coverage
through a partnership with Internet Solutions (IS), a division of Dimension
Data, based in South Africa. This partnership dramatically reduces the
installation time to connect with trading venues across Europe and Africa,
whilst assuring optimal service levels required to complete international
trading transactions. Today's news follows IPC's recent announcement
(http://www.ipc.com/repository/document/411.pdf) of the expansion of its
services in Asia Pacific and demonstrates commitment to partnering with
best-of-breed companies to deliver access to IPC's global network.
IPC partnered with IS, a leading converged communications service provider
offering an innovative portfolio of voice and data services within South
Africa. The partnership enables IPC's customers to take advantage of its
network reach supported by the expertise of IS to deliver its services
effectively and reliably to financial services firms based in Africa.
South Africa is primed for connection to major international capital
markets due to the strength of its bond market. This enables IPC's On-Net
community, comprising nearly 4,000 locations, to connect more rapidly to
trading partners in Cape Town and Johannesburg, across a resilient and diverse
network dedicated to traders. The presence in South Africa and the relationship
with IS increases IPC's global network reach and provides direct connectivity
to a rapidly developing financial center.
"IPC continually invests in its global network to provide access to new
pools of liquidity. This ensures that we are able to connect our customers to
more markets quickly, securely and reliably," said Mathew Whitmore, program
manager, Network Services, IPC Systems. "Our partnership with Internet
Solutions is another important step in supporting global financial services
firms to compete effectively in the modern marketplace."
The connectivity in South Africa provides an ultra-resilient secure global
financial network supported by IPC's unmatched, always-on, proactive service
management to facilitate high performance trading on a global scale.
"Internet Solutions is proud to have been chosen for the provision,
management and uptime support for IPC's South African footprint," said Wayne
Speechly, general manager, Voice Solutions, Internet Solutions. "Driven by our
experience and in-depth knowledge of the local market both from a technical and
regulatory perspective, our services enforce IPC's network capabilities
securely and reliably within this region."
About IPC
IPC is a leading provider of indispensable financial trading communications
solutions to the world's leading financial services firms and global
enterprises. With 35 years of expertise and innovation, IPC provides its
customers with global systems and solutions, as well as a suite of products and
enhanced services that includes advanced Voice-over-IP technology and
integrated network and 24x7x365 management services in more than 60 countries.
Based in Jersey City, N.J., IPC has approximately 900 employees throughout the
Americas, Europe and Asia-Pacific regions. For more information, visit
About Internet Solutions
Internet Solutions is a wholly owned subsidiary of Dimension Data. The
company is Southern Africa's most established and experienced Internet Service
Provider. Since 1993 Internet Solutions has been providing end-to-end
connectivity solutions and related services across the African continent.
Internet Solutions is now also able to self provision, having received an ECNS
license in 2009. This is enabling the company to deliver fully aggregated
telecommunications services to the South African market.
Media Contacts
Cliff Fox Matt Pennacchio
IPC Systems, Inc. Ruder Finn
+1 201-253-2291 +1 212-715-1613
SOURCE: IPC Systems
CONTACT: Cliff Fox
+1-201-253-2291
cliff.fox@ipc.com; or
Matt Pennacchio
+1-212-715-1613
pennacchiom@ruderfinn.com
Translation:
Chinese - Traditional
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