CABLE&WIRELESS WORLDWIDE PROVIDES HIGH PERFORMANCE
NETWORK TO CONNECT IPC’S FINANCIAL SERVICES CUSTOMERS
Cable&Wireless Worldwide will link IPC’s clients to Hong Kong, Tokyo, Singapore and the UK
Singapore, March 14, 2012 – Cable&Wireless Worldwide has won a new contract from IPC, a leading provider of voice and electronic trading communications solutions, to provide a high performance, secure and resilient network for its global financial customers between key locations across Asia and Europe.
IPC’s customers, including the top investment banks, hedge funds and investment managers based in developed economies like the US, as well as in the emerging markets; will now take advantage of C&W Worldwide’s next-generation network, which provides high-speed, low latency connectivity to support the trading communities in Hong Kong, Tokyo, Singapore and the UK.
“This announcement positions IPC and its Direct Connect service as an ideal network infrastructure platform for capital market participants who require a secure, high-speed solution for accessing liquidity venues,” said Jeffrey Britell, Vice President, Global Carrier and Exchange Relations, IPC. “By working with Cable&Wireless Worldwide, we offer a latency-sensitive, secure and resilient solution that enables our customers to maintain a competitive edge.”
“Gaining an advantage in the financial sector has moved beyond milliseconds to microseconds, making faster connections between financial hubs imperative. As a network provider of mission critical communications, we are committed to supporting IPC and its customers with our world-class low latency network solutions which are tailored for the needs of high frequency trading,” says Darren Webb, Managing Director, Asia Pacific, Cable&Wireless Worldwide.
C&W Worldwide delivers low latency, dedicated Ethernet Private Line ‘AlgoNet’ solutions over its fully meshed global transmission network, at speeds up to 1Gbps and across 31 sites in Asia, India, the UK, Continental Europe and the US. It manages a next-generation network comprising 132 established Points of Presence (PoPs) which serves the needs of over 6000 customers around the world.
About IPC
IPC offers high and low touch trading communications solutions to the global financial trading community including the top investment banks, hedge funds and investment managers in established and emerging markets. With 100% focus on this sector and nearly 40 years of expertise and an unrivaled record of innovation, IPC provides customers with unified solutions that support collaborative voice trading and real-time electronic trading and market data connectivity. IPC’s market-leading offerings include the first unified communications/application platform, award-winning hard and soft turrets, electronic connectivity services including enhanced voice services, business continuity solutions, and follow-the-sun service and support. IPC’s global reach extends to nearly 60 countries – including a Financial Extranet of 4,000 on-net locations in over 700 cities and more than 115,000 turrets deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 1,000 employees located throughout the Americas and the EMEA and Asia-Pacific regions. For more information, visit www.ipc.com.
About Cable&Wireless Worldwide
Cable&Wireless Worldwide (LSE: CW) provides integrated communications and data hosting services to large enterprises and mid-market customers in both the public and private sectors. With an unrivalled heritage and a globally significant network Cable&Wireless Worldwide can provide secure, robust and resilient connectivity to over 150 countries.
To find out more, visit www.cw.com.
