Press Releases
IPC To Provide Low-latency Exchange Interconnection Solutions As First GeoReachSM Participant For Switch And Data’s Toronto’s Financial EcoCenterSM
Switch and Data (NASDAQ: SDXC), a leading provider of network-neutral data center and Internet exchange services, announced today that IPC, a industry leader in voice and data communications for financial services has expanded its participation and now provides low latency GeoReach SM interconnection solutions in Switch and Data’s Toronto and New York Financial EcoCenters SM . IPC has extended its highly respected Electronic Connectivity Services (ECS), Enhanced Voice Services (EVS) and private line Trader Voice products to Switch and Data’s newest Financial EcoCenter located at 151 Front Street in Toronto, Canada.
IPC’s ECS provides secure, dedicated, and real-time electronic connectivity, which market participants can leverage to support their increasing electronic trading and execution requirements. In addition to enhanced connectivity to global trading venues, Canadian firms can also take advantage of IPC’s EVS platform, which enables uninterrupted delivery of Trader Voice services to a single- or multiple-trading floors and facilitates interoperability with existing services at trading counterparties. IPC’s resilient, mission critical, voice and trade data communications network is the backbone of many of the industry’s leading financial firms. IPC’s financial extranet, comprised of 4,000 global trading firms, vendors, and venues, links 200 cities in 60 countries across six continents. “We are excited to be part of Switch and Data’s Financial EcoCenter expansion in the Canadian marketplace. We recognize the strategic importance 151 Front plays in Canada’s financial community,” said Lou Marchese, Vice President, Network Services Americas, IPC. “By leveraging the ECS and EVS platforms, our clients are able to rely on high-speed, dedicated connectivity to exchange venues, alternate trading facilities, and counterparty firms in Canada and gain access to global markets.” Switch and Data's GeoReach program is a select group of providers, such as IPC, who have engineered their networks to meet the demands of the high-frequency trading community. GeoReach participants have engineered optimum paths from Switch and Data’s Financial EcoCenters to each of the regional liquidity providers to satisfy the requirements of the most latency-sensitive infrastructures. Firms can focus on their core operations and add each new alternative trading system (ATS) or exchange using a cost-effective, minimal footprint, while still maintaining ultra low-latency communication across the financial markets.TheStreet Premium Services
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