IPC (News - Alert) Systems, Inc., a provider of trading communications solutions to the world’s top financial services firms, has been recognized as an innovation leader in trading technology and network services. IPC Systems (News - Alert) was the first to bring VoIP to the trading floor, the first to offer mobile trading solutions, and the first to offer seamless interoperability between SIP-based voice services and TDM-based services. Yesterday, March 3, IPC Systems is presenting another first to its financial service customers. Unigy, a single SOA-based unified trading communications and applications platform, allows trading firms of every size to transform their trading workflow.

I recently interviewed Mark Miller, vice president of product management at IPC Systems, asking him how Unigy was different from any other product IPC Systems had to offer? Miller highlighted the fact that the solution was a larger collaboration platform helping those in the middle and back offices, not just traders on the floor. Also, the fact that Unigy is an applications platform, and a green one at that, moving from hardware to software, makes it unique to the market.

The Unigy platform offers extensive benefits such as:

Collaboration - simplifying and accelerating collaboration between traders and their middle and back office trade support teams so deals get done faster

Open and extensible application development - enabling the development of proprietary apps, on demand, to streamline processes and gain a competitive advantage

Management - dramatically improving communications system management, monitoring, and maintenance with the new Unigy Management System for greater flexibility, scalability and uptime

Lower costs - reducing TCO in multiple ways, such as more affordable, inherent BCP options, lower energy consumption and smaller rack footprint, and more efficient use of IT resources.

Furthermore, Unigy also offers a unique and revolutionary architecture, allowing customers unlimited flexibility, scalability, and adaptability to:

• Move fast and capitalize on emerging markets and opportunities.
• Adjust or augment their system, as needed, to adhere to new regulations and rules.
• Gain a highly available and predictably scalable solution to lower TCO.

Miller discussed IPC System’s dedication to innovation, commenting that he was basically handed a blank sheet of paper and told to innovate, create another first. As Lance Boxer, chief executive officer of IPC Systems, confirmed in a recent press release, “We wanted to create a truly revolutionary offering for the industry. And we did. We ensure that every IPC innovation is comprehensive, reliable and merits the investment of our customers. After two years of rigorous development and testing, we can certainly say that about Unigy.”

Simultaneously with the Unigy platform introduction, IPC is offering a new comprehensive suite of hard and soft devices for collaboration, a new compact turret and out-of-the-box Unigy-enabled trader applications built on the new Blue Wave Application Development platform.