IPC, a provider of trading communications solutions to financial services firms, is joining forces with Custodia Technology to provide customers with cloud-based communications.
IPC will deploy Custodia’s solution in a bid to provide a combined technology and collaborative workflows. The move aims to provide IPC’s users with further choice in setting up their communication and analytics, as well as accessing data while removing connectivity barriers.
The backbone of this partnership is Custodia’s Compliance Cloud One (CC1), which offers a flexible framework to meet operational and regulatory requirements. The product acts as a one-stop shop to multiple voice recording integrations while maintaining the customer’s data authenticity.
As a result of this partnership, clients will have access to CC1’s cloud-based recording solution for unified communications. The offering includes Unigy®, Microsoft Teams, traditional PBX (Avaya, Cisco, amongst others), and Zoom platforms. With a SaaS commercial model, CC1 is implemented in a single cloud instance, creating a purpose-built cloud voice recording platform.
Bridging the connectivity gaps
David Brown, Chief Commercial Officer at IPC, comments: “In partnership with Custodia, IPC is thrilled to be bringing these enhanced capabilities in voice and recording to our clients. The team at IPC remains dedicated to providing our clients with best-in-breed services and solutions addressing the increased complexity and growing needs of the industry. We believe the collaboration with Custodia further supplements our offering providing greater flexibility to the marketplace.”
“On behalf of the entire team at Custodia, we are very much looking forward to joining forces with IPC to deliver this suite of advanced capabilities to clients. This cutting-edge SaaS platform will up level current market offerings in voice and recording, enabling clients to keep up with the rapidly evolving demands of the industry” added Chris Hartley, CEO at Custodia.
The two companies said in a statement that their collaboration helps provide institutional-grade resources and real-time information for those trading in several financial markets.
IPC said that the alliance with Custodia aims to transform their users’ experience as they can rapidly exchange information across platforms by taking advantage of the interoperability that Custodia brings.