Change can be a good thing in many circumstances, as it provides a new and fresh perspective. However, sometimes, something is so good that there is no need for change. Sometimes there’s just no point in turning to an alternative when all your needs, which continue to evolve, are met.
That seems to be the case for IPC Systems. The Jersey City-based firm and Unigy, its unified trading communication platform, have once again taken home the award for best trading floor communication system provider, making it six consecutive trips to the winners’ circle. In fact, in a true example of dominance, no other firm has even won the category since its inception in 2011.
With those types of accolades, a firm can grow stagnant, but that’s clearly not the case when it comes to IPC. The most recent release of the Unigy platform—version 3.1—includes enhanced security, direct SIP-based private lines, and end-user productivity and operational enhancements, according to Ranjan Singh, vice president of product management at IPC.
There was also the introduction of IQ/MAX Touch that took place earlier in 2016, succeeding the IQ/MAX turret. Singh says IQ/MAX Touch offers traders high-speed voice communications technology with an open, flexible and extensible touch-screen communications device. The platform offers an internationalization framework with 11 languages initially supported. The touch screen can display up to three applications simultaneously, with the possibility of increasing that to six with an expansion module.
“IQ/MAX Touch is the most responsive and intuitive communications device available to the industry, and provides a forward-looking application framework to support web-based applications and video streaming,” Singh says. “With IQ/MAX Touch, IPC has responded to customer and market demands for cost and deployment flexibility by shifting from hardware-based to software-based licensing, preparing for cloud-based and managed-services delivery models.”
Looking ahead to the coming year, Singh says the firm is working on integrating trader workflows with third-party systems, like Skype for Business, and delivering user information over secure SIP-based private lines. He also says the firm is in the process of building on its Connexus cloud offering to provide additional applications and services.
IQ/MAX Touch offers traders high-speed voice communications technology with an open, flexible and extensible touch-screen communications device. The platform offers an internationalization framework with 11 languages initially supported. The touch screen can display up to three applications simultaneously, with the possibility of increasing that to six with an expansion module.
“Future IPC applications will enable even more communication and collaboration workflows and address the needs of a new set of regulated users, including buy-side traders, risk management teams, and compliance officers,” Singh says.
The founder and CEO of Imperative Execution looks at how trade execution is changing and what that means for the buy side.Subscribe to Weekly Wrap emails