IPC Systems, Inc., a leading provider of mission-critical voice and electronic communication solutions to the world’s top financial services firms and global enterprises, today announced that OTR Global, a marketplace research and channel intelligence firm, has enhanced both the business continuity and efficiency of its trading communications infrastructure by consolidating trader voice and data services with IPC.
OTR Global’s move to a new location presented an opportunity for the firm to investigate technologies to maximize the performance of its recently constructed disaster recovery site and provide better business continuity planning (BCP). By displacing their legacy voice infrastructure with IPC’s Trader Voice and Enhanced Voice Services (EVS), OTR Global not only achieved its BCP goal, but also transitioned from a multi-vendor environment to a single source provider – making their system easier to manage and maintain.
Additionally, OTR Global selected IPC’s Connexus Financial Extranet to provide the reach OTR Global needs for data services to capital markets worldwide at a cost savings.
“It means a lot to us to not affect any trader should we have an outage. So we were looking to have greater redundancy – making sure our trading floor is operating 100 percent of the time,” says Robert Benning, senior systems administrator, OTR Global. ”IPC offered us highly available, cost-effective and secure lines of communication so our traders can deliver unsurpassed value to our institutional investors. IPC covered all the bases the competition didn’t.”
“Additionally, OTR Global gains peace of mind with a more resilient network infrastructure,” says Dave Brown, Senior Vice President and Managing Director, Financial Markets Network, IPC. “With a single source provider for existing and future services, OTR Global simplifies billing and system management and significantly reduces costs for network services.”
Trader Voice, EVS and Connexus Financial Extranet services are part of IPC’s Financial Markets Network portfolio of solutions, which also includes Direct Connect and Managed VPN. IPC’s Financial Markets Network interconnects global financial centers and allows access to approximately 5,000 market participant locations in over 700 cities in nearly 60 countries.