Waters Rankings 2020: Best Trading Floor Communication System Provider—IPC Systems

Waters Rankings 2020 thumbnail

For an astounding 15th consecutive year, IPC Systems takes home the best trading floor communication system provider award at the Waters Rankings thanks to its Unigy platform. IPC’s domination of this category has not wavered even with Covid-19 pandemic reshaping the trading landscape.

“The impact of the coronavirus is unavoidable,” says David Brown, IPC’s COO. “Over the last six months, it has of course dominated the headlines, and completely changed companies’ priorities to a large extent.” Not dissimilar to a lot of firms, IPC was forced to mobilize its entire workforce to work from home, having never trialed remote working at this scale before. “It was very much the same with our clients as well. We saw it go from thinking about it, to [acting on] it within a very short time frame and that happened simultaneously and globally,” he says.

In the last year, IPC pulled together its two flagship offerings—the Unigy trading floor communications system and the Connexus Cloud cloud infrastructure—to create Connexus Unigy. This is the first time the company has combined the two business lines into a single product offering. “We’ve added a lot of features to shift to more of a subscription-based business model, as well as better enabling third-party integrations,” Brown says.

For the last few years, IPC has spent a lot of time creating clear audio capabilities for the platform. Brown predicts a “voice renaissance” in the coming years, spurred by the pandemic, as he says he saw a huge shift back toward voice trading through the extreme periods of market volatility in March.

“Creating clear audio capabilities is the holy grail for us in a lot of ways in unlocking the capability of the platform. It’s been a multi-year effort, but we really advanced it over the last 12 months,” he says.

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 copy this content. Please contact info@waterstechnology.com to find out more.

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,…

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here