Software-as-a-Service Innovation of the Year
IPC’s Connexus Cloud managed Network-as-a-Service (NaaS) for data, voice and enterprise connectivity, financial institutions can trade faster and become more agile than ever before. Connexus Cloud provides adaptive, on-demand connectivity throughout the trade lifecycle across multiple asset classes – equities, fixed income, currencies, commodities, and their derivatives - futures, options, forwards and swaps. More than 2,000 sell-side sites encompassing leading investment banks, brokers, dealers, inter-dealer brokers and prime brokers are part of Connexus Cloud.
IPC has continually invested in making Connexus Cloud not only the best, but the best value trading solution. The Connexus Cloud suite of mission-critical managed solutions includes Connexus Extranet, Connexus Ethernet, Connexus WAN for managed virtual private network (VPN), and a full suite of Trader Voice services including Connexus Voice & Enhanced Voice Services (EVS) with advanced SIP functionality. All services are delivered over unified access. Connexus Cloud is protocol-agnostic and supports FIX messages, transaction standards, unicast/multicast market data, all trader voice circuit types as well as other industry protocols.
Connexus Cloud is also a Blockchain Optimised Network, and IPC is a member of the R3 Blockchain Community. Other products included in the Connexus Cloud suite include Connexus Chrono, IPC’s industry-leading global synchronised Time as a Service (TaaS) solution built with compliance in mind; FX Hub, a low latency, co-located performance solution engineered to address the most complex FX trading challenges; Fixed Income Marketplace, a premier holistic connectivity solution which helps enable market participants to trade fixed income instruments electronically or via voice; Global Exchange Reach, providing exchanges a local presence in a remote region to expand their reach; and Connexus Hub, which facilitates a flexible model for services with global availability at premier colocation facilities.
Lastly, the scope of IPC’s Connexus network is another factor in which it is unparalleled. Participants in IPC’s Connexus Cloud are connected to a community of more than 200,000 users from over 6,600 capital market participants across the globe, including buy-side and sell-side firms, trading platforms, market centers, liquidity venues, interdealer brokers, application and market data providers, and clearing/settlement services. The sell-side leverages Connexus Cloud to connect to the buy-side community to provide trade lifecycle services and enable the execution of a range of trading strategies around the world.