IPC partners with OpenFin on app store for financial markets
IPC, a firm providing communications and networking solutions for global financial markets, has partnered with operating system provider OpenFin to build an App Store for its global user community.
Through IPC’s App Store environment, traders and other regulated users will be able to:
- Leverage IPC-developed applications seamlessly and efficiently alongside proprietary, client-developed applications without the need for native integration.
- 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.
- Integrate third-party applications available within the OpenFin ecosystem directly into IPC-powered trading communications workflows.
“A shared and open tech stack is critical in helping financial institutions in their digitalisation journeys,” states Jefferies Financial Group. “This partnership between IPC and OpenFin is a constructive step toward ensuring the interoperability of our applications that are revolutionising how trading desks share data and communicate with each other.”
The partnership will be rolled out in multiple phases. The initial phase will allow all users to consume Blotter, a pioneering data visualisation solution that structures and digitises voice communications sent over IPC’s innovative 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.
“Our strategic partnership with OpenFin embraces an open platform approach and is a game-changing proposition that transforms how financial institutions consume applications, share data and optimise workflows,” says Bob Santella, chief executive officer, IPC. “Our global community of 110,000+ users and 6,600+ market participants can rapidly exchange information across platforms and devices by leveraging the interoperability and technological flexibility that OpenFin brings.”
“Financial market participants across the spectrum are racing to modernise 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.