IPC Systems, Inc announced its launch of Connexus Cloud. This innovation progresses one of the industry's largest secure encrypted communications platforms connecting IPC's community of 200,000 users across 6,000 market participant locations in 700 cities.
"Connexus Cloud is the foundation of IPC's strategy to move the financial markets into a new era with an intuitive, robust and all-encompassing cloud delivery model. Its secure, compliant high performance design is purpose-built to be a new standard. We are continually expanding our collaborative ecosystem of data and voice resources exclusively for the financial markets community," said Neil Barua, CEO of IPC.
Algomi, the network providing information-matching solutions for the optimization of fixed income liquidity, is one of IPC's first Connexus Cloud partners. Furthermore, Algomi's DealCall, on the award-winning Honeycomb platform, is designed to enable IPC's Connexus Cloud users to swiftly and securely connect to their dealers.
"Financial institutions continue to migrate from on-premise solutions to embrace cloud-based models for infrastructure flexibility. The on-demand access Connexus Cloud provides to our expanding portfolio of IPC and IPC-certified partner products, services and solutions, will foster a growing, dynamic community and the next wave of industry advancements," Barua added.
IPC's Connexus Cloud will deliver an enhanced lineup of IPC products including communications-as-a-service and information management for compliance solutions through an on-demand and anywhere user interaction model. The Connexus Cloud Partner program will offer innovative applications to the financial markets community allowing members to interact securely, exchange information and mitigate risk. IPC plans to announce a number of additional Connexus Cloud partners and products in 2016.