New York-based voice and electronic trading communications solutions provider IPC has entered into a strategic partnership with financial operating system OpenFin in order to develop access to its applications and data solutions across its 110,000+ global user community.
Through IPC’s “Voice App Store,” traders and other regulated users will be able to leverage IPC-developed applications as well as proprietary, client-developed applications, without the need for native integration. The partnership will also allow users to access market data and trade lifecycle services available in IPC’s Connexus Cloud platform through any OpenFin-enabled desktop, any of IPC’s terminals or any IPC ‘soft’ trading communications solution, substantially expanding its reach, while third-party applications available within the OpenFin ecosystem can also now be integrated directly into IPC-powered trading communications workflows.
The partnership will be rolled out in multiple phases. The initial phase will allow all users to consume Blotter, a pioneering data visualization solution that structures and digitizes voice communications sent over IPC’s IQ/MAX Touch terminal, through OpenFin. When running within the OpenFin environment, Blotter can organically share data across multiple applications and vendor platforms to enable automation of complex trading workflows.
“Financial market participants across the spectrum are racing to modernize their legacy technology and empower users with new productivity tools. Digital workspaces and contextual workflows are the future, and voice is a crucial information source within this. We are excited to enter into this partnership with IPC in order to help their large and diverse client community further unlock the power of voice,” says Mazy Dar, Chief Executive Officer, OpenFin.
“A shared and open tech stack is critical in helping financial institutions in their digitalization journeys,” confirms IPC client Jefferies Financial Group. “This partnership between IPC and OpenFin is a constructive step toward ensuring the interoperability of our applications that are revolutionizing how trading desks share data and communicate with each other.”
