Welcome!

News Feed Item

BTI Systems Increases Scale and Performance for IPC's Financial Trading Platform

IPC Leverages the BTI 7800 Series for Metro Networks Supporting World's Top Financial Trading Firms

OTTAWA, ON and BOSTON, MA -- (Marketwired) -- 07/08/14 -- BTI Systems, an award-winning provider of cloud and metro networking software and systems to content and service providers around the world, today announced that IPC, a leading provider of trading communications solutions to the world's top financial services firms, is deploying the BTI 7800 Series 100G converged networking system to increase performance and scalability between major hubs in metro regions.

IPC provides mission-critical communications solutions that are supported by high-performance, robust and stable network capabilities. IPC will deploy the BTI 7800 in its major metro networks and primary POP locations in regions with major financial centers that have the highest concentrations of financial trading firms and activities in the world.

"Our primary goal is to provide our customers with the sophisticated technology and expertise that drives a competitive advantage in every stage of the trading lifecycle," said IPC's Vice President of Global Engineering, Tim Carmody. "To do so, we evaluate solution choices for our network very carefully. We have previously collaborated with BTI Systems and successfully optimized our network by globally deploying their platforms for metro networking and low latency Ethernet business services. With our demands escalating daily, we needed to scale to 100G in our major metro networks and determined that BTI offered a preferable solution that enables us to increase performance, capacity and scalability while at the same time, significantly reducing operational complexity of our metro network. BTI also offered a clear migration path to optimizing Label Switch Routing."

The growth in bandwidth-intensive applications coupled with the migration from local compute/storage models to cloud-based services is driving the need for high-bandwidth interconnect solutions that provide lower cost per GB, higher port and interface efficiency, and reduced operating costs. The BTI 7800 Series platform provides large scale 10 Gbps to 100 Gbps wavelength capacities in the industry's smallest footprint for Cloud Networking, Data Center Interconnect and Metro Networking solutions. By leveraging BTI's 100G Coherent capabilities, IPC will increase network capacity significantly, gain 10X spectral efficiency, and reduce space, power and cooling costs. In addition, IPC will be able to efficiently manage and control the BTI 7800 Series as well as the existing BTI 7000 Series and BTI 800 Series solutions deployed throughout the U.S., Europe and Asia as a fully integrated system using the BTI proNX Management and Control Software.

"For more than four decades, IPC has created leading trading communication systems that deliver innovative technologies and connectivity solutions to financial market customers," said BTI's Senior Vice President of Global Marketing, Sally Bament. "They provide solutions to one of the most demanding global markets and therefore require network products that deliver flexibility for future growth while delivering maximum performance. Having very successfully deployed the BTI 7000 Series, BTI 800 Series and BTI proNX Service Manager, IPC chose BTI's 7800 Series to increase bandwidth, integrate seamlessly with their existing infrastructure and provide a path to added efficiencies with LSR functionality. We look forward to continuing to partner with IPC as they expand and increase the value of their network capabilities."

Next week, IPC's Carmody will be joining BTI's Director of Solutions Marketing, Eve Griliches on a panel at the Lightwave Optical Innovation Summit, which will take place at the Renaissance Austin Hotel in Austin, Texas. The panel, titled "Is it Time to Consider Building Your Own Network?" will be moderated by Griliches and will take place on Tuesday, July 15 at 10:00 a.m. CDT. Carmody will be joined on the panel by industry experts from XKL, LLC. and Allied Fiber.

About IPC
IPC is a leading global provider of specialized communications solutions for the financial trading community. With a 100-percent focus on this sector and over 40 years of expertise, IPC provides customers with integrated solutions that support traders and participants across the entire trade lifecycle including sell-side and buy-side financial institutions, inter-dealer brokers, liquidity venues, clearing and settlement firms, independent software vendors, corporate finance departments, financial information exchange providers and market data providers. IPC's offerings include a unified communications/application platform, award-winning hard and soft turrets, managed voice and data network connectivity solutions, trading communications infrastructure management and dedicated service and support. IPC's global reach extends to more than 60 countries -- including a network of 5,000 customer sites over 700 cities and an installed base of approximately 118,000 trading positions deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 900 employees located throughout the Americas and the EMEA and Asia-Pacific regions. For more information, visit www.ipc.com.

About BTI Systems
BTI delivers solutions that transform the economics, performance and innovation of global networks through intelligent networking software and systems. Leading content, cloud and service providers choose BTI to drive improved operational efficiencies and profitably deliver high-value services to businesses and consumers around the globe. With more than 380 customers, BTI is headquartered in North America, and operates regional sales, marketing, and R&D centers of excellence throughout the world. For more information, visit www.btisystems.com.

All product and company names herein may be trademarks of their respective owners.

Media Contact:
Bryan Grillo
CHEN PR
781-672-3129
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership abi...
The essence of cloud computing is that all consumable IT resources are delivered as services. In his session at 15th Cloud Expo, Yung Chou, Technology Evangelist at Microsoft, demonstrated the concepts and implementations of two important cloud computing deliveries: Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). He discussed from business and technical viewpoints what exactly they are, why we care, how they are different and in what ways, and the strategies for IT to transi...
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service.
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you ...
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
China Unicom exhibit at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. China United Network Communications Group Co. Ltd ("China Unicom") was officially established in 2009 on the basis of the merger of former China Netcom and former China Unicom. China Unicom mainly operates a full range of telecommunications services including mobile broadband (GSM, WCDMA, LTE FDD, TD-LTE), fixed-line broadband, ICT, data communica...
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, will discuss some of the security challenges of the IoT infrastructure and relate how these aspects impact Smart Living. The material will be delivered i...
As software becomes more and more complex, we, as software developers, have been splitting up our code into smaller and smaller components. This is also true for the environment in which we run our code: going from bare metal, to VMs to the modern-day Cloud Native world of containers, schedulers and micro services. While we have figured out how to run containerized applications in the cloud using schedulers, we've yet to come up with a good solution to bridge the gap between getting your contain...