IPC Systems Partners With FFastFill to Provide Robust Connectivity Across the Financial Community
- IPC's Secure Financial Network to Support Low Latency, Non-Member Access to Exchanges and Trading Venues through FFastFill's Global SaaS Capability
JERSEY CITY, New Jersey and LONDON, May 18, 2011 /PRNewswire/ -- IPC Systems, Inc., a leading provider of electronic trading communications solutions to the world's top financial services firms and global enterprises, has partnered with FFastFill to make its pre-trade, post-trade and straight through processing services available to members of IPC's Electronic Connectivity Services (ECS) community. FFastFill is the leading provider of application services to the global derivatives community, and trading customers using IPC's secure global financial network will be able to take advantage of FFastFill's hosted execution platform to secure non-member access to exchanges and trading venues across the world.
FFastFill's broad range of application services leverages the company's fully hosted Software-as-a-Service model to enable customers to trade a multitude of exchanges with minimal latency. Using the new FFastFill Horizon service, customers of IPC's Electronic Connectivity Services who are without direct exchange or market memberships can now gain access to over 60 international trading venues across the North American, Europe and Asia-Pacific regions simply by using other member firms' market access.
"With new trading platforms proliferating, firms increasingly need access to venues where they typically don't have memberships. FFastFill's new Horizon service successfully removes the requirement for expensive third party connectivity or time-consuming broker-to-broker integration activities, resulting in reduced time to market and much greater flexibility in terms of broker coverage," commented Robert Walton, FFastFill's Managing Director, Business Development. "Services like Horizon that can create that access quickly, cheaply and efficiently are set to change the way clients trade on new markets, and we're delighted that IPC is making the service available to its global community of more than 4,000 trading firms."
"IPC's private and secure Electronic Connectivity Services financial network already connects thousands of financial market trading participants worldwide, making our community an ideal partner for FFastFill and its portfolio of electronic trading applications," added David Brown, senior vice president, Global Operations for IPC Systems. "Both FFastFill and IPC are committed to providing an optimum trading services environment, and we look forward to enabling our Electronic Connectivity Services customers to both trade on new markets, as well as attract new order flows for venues where they are existing members."
IPC's global connectivity infrastructure is exclusively focused on providing financial institutions and software specialists such as FFastFill with connectivity for all aspects of the trade lifecycle. The company's global financial network connects the world's major financial centers across 200 cities in 60 countries, and is exclusively focused on providing market participants with the secure, high-speed connectivity they increasingly demand to support all aspects of their trade lifecycle. Specifically engineered for electronic trading applications, IPC's portfolio of ECS allows organizations to benefit from secure, dedicated bandwidth, and take advantage of scalable and flexible connectivity capabilities to support their evolving electronic trading requirements.
About FFastFill
FFastFill is the leading provider of application services to the global derivatives community, using the latest developments in technology to automate trade flow processes across a firm's front, middle and back office operations. FFastFill's solutions encompass electronic order routing, clearing, risk management and back office as part of an integrated, yet modular system architecture. FFastFill is traded on London's AIM (AIM:FFA). For more information, please visit http://www.ffastfill.com.
About IPC
IPC is a leading provider of indispensable financial trading communications solutions to the world's top financial services firms and global enterprises. With nearly 40 years of expertise and innovation, IPC provides its customers with global systems and solutions, as well as a suite of products and enhanced services that includes advanced Voice-over-IP technology and integrated network and 24x7x365 management services in more than 70 countries. Based in Jersey City, N.J., IPC has more than 900 employees throughout the Americas, Europe and Asia-Pacific regions. For more information, visit http://www.ipc.com.
Lauren Doran Matt Pennacchio IPC Systems, Inc. Ruder Finn for IPC +1-201-253-2343 +1-212-715-1613 lauren.doran@ipc.com pennacchiom@ruderfinn.com Robert Walton FFastFill plc +44-(0)-20-3002-1969 robert.walton@ffastfill.com
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