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
Women in Technology & Data Awards 2024: All the winners
WatersTechnology honored the winners of the 36 categories in the 2024 Women in Technology & Data Awards, who were announced at a sit-down lunch in London on International Women's Day on March 8.
AFTAs 2023: Best new technology introduced over the last 12 months (data & data services)—SS&C Aloha
Northern Trust: Improving transparency across the asset servicing market
Northern Trust won three categories in the 2023 American Financial Technology Awards. Paul d’Ouville, global head of technology solutions and servicing at Northern Trust, discusses his firm’s fourth consecutive win in the Best reporting initiative…
AFTAs 2023 winner's interview: CompatibL
CompatibL won Best new technology introduced over the last 12 months (AI & machine learning) in the 2023 American Financial Technology Awards.
AFTAs 2023 winner's interview: Northern Trust
Northern Trust won Best reporting initiative in the 2023 American Financial Technology Awards.
Best overall technology provider for 2023 winner’s interview: BlackRock
BlackRock won Best overall technology provider for 2023 in the recent Buy-Side Technology Awards
S&P Global: Delivering quality data faster to private market managers
S&P Global Market Intelligence won Best buy-side managed data service at the Buy‑Side Technology Awards 2023. Kevin Guy, head of iLEVEL Managed Data Services at S&P Global, discusses the service, its benefits and key differentiators.
S&P Global’s EDM platform continues its evolutionary course
S&P Global Market Intelligence won the Best buy-side data management product category at the Buy-Side Technology Awards 2023 thanks to its successful EDM offering. Neslihan Yegul, Emea head of commercial strategy for software solutions at S&P GMI,…
Most read
- Women in Technology & Data Awards 2024: All the winners
- Man Group’s proprietary data platform is a timesaver for quants
- Dark horse: Deutsche Börse building dark pool