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
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products. Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
The competitive landscape of the global cloud computing market in the healthcare industry is crowded due to the presence of a large number of players. The large number of participants has led to the fragmented nature of the market. Some of the major players operating in the global cloud computing market in the healthcare industry are Cisco Systems Inc., Carestream Health Inc., Carecloud Corp., AGFA Healthcare, IBM Corp., Cleardata Networks, Merge Healthcare Inc., Microsoft Corp., Intel Corp., an...
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
Continuous testing helps bridge the gap between developing quickly and maintaining high quality products. But to implement continuous testing, CTOs must take a strategic approach to building a testing infrastructure and toolset that empowers their team to move fast. Download our guide to laying the groundwork for a scalable continuous testing strategy.
Early adopters of IoT viewed it mainly as a different term for machine-to-machine connectivity or M2M. This is understandable since a prerequisite for any IoT solution is the ability to collect and aggregate device data, which is most often presented in a dashboard. The problem is that viewing data in a dashboard requires a human to interpret the results and take manual action, which doesn’t scale to the needs of IoT.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
“Being the one true cloud-agnostic and storage-agnostic software solution, more and more customers are coming to Commvault and saying ' What do you recommend? What's your best practice for implementing cloud?” explained Randy De Meno, Chief Technologist at Commvault, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
As companies gain momentum, the need to maintain high quality products can outstrip their development team’s bandwidth for QA. Building out a large QA team (whether in-house or outsourced) can slow down development and significantly increases costs. This eBook takes QA profiles from 5 companies who successfully scaled up production without building a large QA team and includes: What to consider when choosing CI/CD tools How culture and communication can make or break implementation