IPC's integrated intelligent technologies ensure unified compliant communications, records management and data delivery for financial institutions
NEW YORK, May 23, 2016 /PRNewswire/ -- IPC Systems, Inc. (IPC), a leading provider of global communications solutions and software for the financial services community, unveiled a significantly expanded portfolio of comprehensive compliance solutions under its growing Risk and Compliance Services division at the 2016 Annual FINRA Conference in Washington D.C. today. The announcement marks IPC's continued strategic focus as a risk and compliance unified communications service provider for financial institutions, and underscores its heightened concentration on the rapidly developing, critically important area concerning increasingly stringent and complex global financial markets compliance requirements.
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"IPC's deep expertise and global presence uniquely position us to guide our customers through the dynamic regulatory landscape which has never been more important, particularly in the wake of proposed and expected MiFID II, Dodd Frank and Market Abuse Regulation requirements," said Neil Barua, CEO of IPC. "Our specialized, innovative solutions not only allow customers to mitigate compliance risks, but also enhance their trading operations."
The main challenge financial market firms face in relation to complying with increased regulations is effectively managing vast amounts of data related to interactions among clients, counterparties and internal teams across many platforms. Firms are required to store, analyze and index all aspects of a transaction for immediate retrieval and analysis in response to regulators' inquiries. They need to be able to show that they are able to actively monitor their systems in real-time to make certain that interactions comply with applicable laws.
To ensure customers receive the right solution for their needs, IPC offers a consultative approach supported by a robust compliance product portfolio.
"With compliance conduct and culture at the heart of corporate board strategies, risk and governance are now regarded by our clients as business priorities. IPC integrates compliance, risk and governance, managing vital data at every stage of the process," said Lionel Grosclaude, IPC senior vice president, Risk and Compliance and Managing Director, EMEA. "Whether a simple system or the most complex end-to-end validated and compliance assured solution, IPC ensures data is captured, records are properly managed and accurately delivered to risk and compliance officers when needed."
Grosclaude leads the expanded IPC Risk and Compliance Services division, which is comprised of seasoned professionals from across the compliance spectrum who work with external regulators and senior-level financial and technology executives to understand the changes in the global regulatory environment. The team provides products and consultative services that deliver bespoke solutions designed to meet each individual client's current and future needs.
IPC's expanded compliance product portfolio features integrated, intelligent technologies that provide companies with the ability to meet many communications-related compliance requirements and store the data required to be captured, stored and retrieved (as necessary) including:
- Call recording; Mobile and Unified Communications Recording
- Communications Surveillance
- Compliance Assurance Services
Grosclaude added: "Our team constantly monitors new and proposed rules so we can understand the intention of the changes and enhance current and future products and solutions to meet these evolving needs. We achieve this by working with industry vendors, global regulators and industry experts to ensure that we can deliver what our clients expect: unified compliant communications record management, proactive compliance assurance, agility and flexibility for future needs as well as piece of mind when they want to run their day-to-day business."
About IPC
IPC is a technology and service leader that powers financial markets globally. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With customers first and always, we collaborate with each to understand their individual needs to help make them secure, productive and compliant within our connected community. Through service excellence, long-developed expertise and a focus on innovation and community, we provide agile and efficient ways for our customers to accelerate their ability to adapt to the ever–changing requirements for advanced data networks, compliance and collaboration with all counter-parties across the financial markets. www.ipc.com
Certain statements contained in this press release may be forward-looking statements. These statements may be identified by the use of forward-looking terminology such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "should" or "will" or similar terminology. Any forward-looking statements are based on current expectations, assumptions, estimates and projections. Such forward looking statements involve known and unknown risks and uncertainties, many of which are beyond our control. Actual results may differ materially from any future results expressed or implied by these forward-looking statements.
Media Contacts: |
|
Khurram Mirza |
Jonelle Taylor |
IPC Systems, Inc. |
Finn Partners for IPC |
+1 201-253-2285 |
+1 646-202-9785 |
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