Telefónica targets financial markets with IPC alliance

Telefónica Global Solutions is to jointly offer trading communications solutions in partnership with IPC Systems.

The alliance aims to enhance Telefónica’s ability to serve financial institutions by leveraging IPC’s IP trading solutions.

The first phase of the agreement will see Telefónica offer voice trading solutions in Spain and Portugal, where it will become the exclusive of IPC’s Unigy Solution. The agreement will also target growing business in several countries in Latin America, including Mexico, Argentina and Colombia, as well as jointly propose global trading solutions to several multinational customers.

“This agreement allows us to provide world-class solutions that cover the trading needs of financial institutions and enable them to stay ahead of global markets requirements. By addressing these customers’ IT and communications needs, we help them to focus on their business and strengthen their competitive position,” said Jose Gamo, CEO of multinationals business unit at Telefónica Global Solutions.

IPC’s technology is used by leading financial institutions from across the globe, and is designed to meet global regulatory challenges and help trading firms to transform their workflow.

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