AFTAs 2017: Best Third-Party Technology Vendor CIO or CEO—Neil Barua, IPC Systems
Barua took on the CEO’s role at IPC in 2014 after serving as the operating advisor at California-based private equity firm Silver Lake Partners, which previously owned IPC. After leading the sale of IPC to Centerbridge Partners at the end of 2014, Barua continued his role as CEO under new the ownership to accelerate the transformation of the business.
Central to Barua’s transformation strategy was the development of Unigy360, unveiled in June 2017, the firm’s software-as-a-service flagship offering intended to deliver innovation, economics and new capabilities for capital markets participants. The platform is designed to allow buy-side firms “anytime, anywhere and any device” access to counterparties, liquidity, and trade lifecycle services, supporting all regulated users’—traders, researchers, portfolio managers, risk managers, compliance professionals, technologists, settlement personnel and operations staff—external communications and internal workflows.
Barua’s IPC tenure hasn’t been limited to building new technologies, however—he has also overseen two critical acquisitions in recent years: Etrali Trading Systems, the France-headquartered provider of unified communications technology to the trading community, and ASPone Networks, a global voice and data network provider to the financial markets, which bolstered the firm’s Russian and northern Asia-Pacific presence.
In terms of the challenges IPC is currently grappling with, Barua is clear: “We are a $500 million company with over 1,200 employees and staying close to our customers, while continuing to innovate and evolve the company in such a fast-paced, regulated and demanding industry is our primary challenge,” he says. “The last two years have resulted in the highest volume of sales to our customers in over 10 years, including two of our largest deals ever.”
Under Barua’s leadership, IPC has also sought to collaborate with other fintech firms, including application partners such as Algomi, allowing buy-side firms to initiate calls to the sell side via the IPC voice network, while collaboration with UK-based startup, Post-Quantum, has enabled IPC to offer a suite of biometric authentication, encrypted messaging and blockchain-enabling products to counter increasingly sophisticated security threats.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Witad Awards 2024: Technology innovator of the year (vendor)—Christy Bremner, SS&C Technologies
Christy Bremner, senior vice president, Institutional & Investment Management (I&IM) division at SS&C Technologies, wins technology innovator of the year (vendor) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: EDM professional of the year—Neslihan Yegul, S&P Global Market Intelligence
Neslihan Yegul, vice president, head of EDM and thinkFolio at S&P Global Market Intelligence, wins EDM professional of the year in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Technology innovator of the year (end-user)—Laura Hamilton, Bank of America
Laura Hamilton, global head of corporate treasury, credit risk, climate risk, and financial forecasting technology at Bank of America, wins technology innovator of the year (end-user) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Vendor professional of the year (data and operations)—Joanna Davies, OSTTRA
Joanna Davies, head of trade processing at OSTTRA, wins vendor professional of the year (data and operations) in the 2024 Women in Technology and Data Awards.
Sell-Side Technology Awards 2024: Best sell-side front-office platform—Bloomberg
Product: Bloomberg TOMS
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Deutsche Börse democratizes data with Marketplace offering
- Nasdaq reshuffles tech divisions post-Adenza