IPC and Internet Solutions Partner to Deliver Direct Trading Connectivity Between Global Financial CentersBy Ipc Systems, PRNE
Sunday, February 28, 2010
Strategic Partnership Delivers Instantaneous and Resilient Trader Communications across South Africa, Europe, United States and Asia Pacific
JERSEY CITY, New Jersey, March 1, 2010 - 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
(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."
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 24×7x365 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 www.ipc.com.
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
Cliff Fox, +1-201-253-2291, cliff.fox at ipc.com; or Matt Pennacchio, +1-212-715-1613, pennacchiom at ruderfinn.com
Tags: IPC Systems, Jersey city, March 1, new jersey, South Africa, United Kingdom