IPC Opens New Office in Zurich to Support European Growth in Trading Systems and Network Services

By Ipc Systems, PRNE
Monday, October 4, 2010

Fueled by rapid growth, new office will service customers in the region with support for next-generation trading communications and network connectivity solutions

LONDON, October 5, 2010 - IPC, a leading provider of trading communications solutions to the
world's top financial services firms and global enterprises, today announced
the opening of its latest office in Zurich, Switzerland. This opening is part
of the company's ongoing European expansion designed to support banks as they
extend their trading networks into one of the world's top competitive

To further its commitment in Europe, Switzerland is the latest addition
in the region following office openings in Germany, Italy and France. Over
the last twelve months, IPC has also invested heavily in upgrading its
network, which currently links 200 cities in 60 countries across six
continents, including in London, Paris, Chicago, Singapore, Hong Kong and

"Since the beginning of the year, we've been working closely with our
customers to help them re-assert themselves in the market and look at
technology as a way to develop and extend their trading business," said Kevin
, SVP, IPC's managing director for EMEA. "We've seen orders not only
from many large international banks in London double this year, but also from
customers in growing financial regions such as Switzerland, Dubai and South

"There has been much speculation about an influx of financial firms into
Switzerland from the UK. We are poised to serve our customers wherever they
conduct business. We are being asked by some customers to support them
outside the UK, in Switzerland as well as Central Europe. But, concerns that
the UK could see an exodus of banks and traders appear to be unfounded as we
are also seeing a proliferation of smaller trading hubs arising - not just in
London but across a number of cities and regions."

One of IPC's flagship products is the IQ/MAX trading turret, which
provides for the specific communications needs of a trader such as maximum
reliability and security. Features include the ability to manage multiple
simultaneous phone calls with instant access to hundreds of different trading
counterparties, speed dials and speaker channels. IPC also provides dedicated
electronic network connectivity services to help firms connect directly and
securely to exchanges, liquidity venues as well as link corporate offices to
deliver critical applications worldwide.

Kevin Acott continues, "In our 40 year history we've seen a lot of
turbulence in the market, but we're now seeing real growth and developments
in trading floors deploying modern trading systems with a combination of
voice and electronic trading. Other drivers for change include the growing
regulation and compliance, whereby financial firms need to ensure their
trading systems are transparent by maintaining compliance monitoring systems.
Ultimately we're bringing speed, security and reliability to trading, and
we're seeing our customers investing in our technology to find innovative and
smart ways to trade and help their businesses succeed."

About IPC

IPC is a leading provider of indispensable financial trading
communications solutions to the world's top 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.

    Media Contacts
    Asad Malik                        Sophie Hemsworth
    IPC Information Systems           Ruder Finn for IPC
    +44-(0)-20-7979-7255              +44-(0)-20-7462-8972
    asad.malik@ipc.com                shemsworth@ruderfinn.co.uk

Asad Malik, IPC Information Systems, +44(0)20-7979-7255, asad.malik at ipc.com; or Sophie Hemsworth, Ruder Finn for IPC, +44(0)20-7462-8972, shemsworth at ruderfinn.co.uk

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