Cloud9 and IPC launch voice trading solution
Written by Peter Walker
Financial market network solutions provider IPC and cloud communications company Cloud9 Technologies have partnered for a new open voice trading and collaboration solution.
The integrated cloud-based service unites Cloud9’s C9 Trader voice communications and analytics platform, IPC’s Unigy trading communications platform and the Connexus Cloud financial ecosystem.
This agreement will offer a unified solution for trading endpoint connectivity, mobility, advanced data analytics and business continuity planning. Users and firms will have access to one of the broadest worldwide communities of financial markets, comprising buy-side and sell-side firms, inter-dealer brokers and trade life-cycle providers.
“This agreement and the complementary nature of IPC’s and Cloud9’s businesses create significant value for the industry at large,” said Gerald Starr, chief executive of Cloud9. “By working with IPC to deliver this transformative integrated solution, we’re enabling firms to build smarter, more profitable and compliant business relationships.”
David Hudson, global co-head for digital and platform services at J.P.Morgan, said: “We were early investors of Cloud9 because we recognised the transformation on the horizon in voice trading.
“This partnership will provide the trading community at large a seamless upgrade and path to a cloud-based infrastructure – necessary steps to create a unified communications system across channels.”