Juan Carlos López Vives, president, Telefónica Global Solutions
"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."
Telefónica, a provider of telecommunications and IT services, and IPC, supplier of trading communications solutions, have signed an agreement to jointly offer trading communications solutions.
This alliance with IPC is part of the Telefónica strategy to offer a vertical services portfolio that covers the specific needs of financial institutions. Telefónica will offer trading solutions from IPC which are based on open standards and IP technology, ready for the current requirements for SIP integration and Next Generation Networks connectivity.
The first phase of the agreement includes offering voice trading solutions to the market in Spain, Portugal; where Telefónica will be the exclusive distributor of the new Unigy Solution; to collaborate to develop business in Latin America (México, Argentina, Colombia, Perú) and to jointly propose trading solutions to multinational strategic customers.
"IPC's primary goal is to provide sophisticated trading communications solutions and expertise that grants clients a competitive advantage in every stage of the trade lifecycle. Products such as our Unigy platform enable us to do so by making the entire trading ecosystem more productive, secure and efficient," said Joe Smolarski Senior Vice President, Trading Communications Systems Sales & Support, IPC. "We look forward to working with Telefónica to allow customers to benefit from the combination of IPC's trading industry expertise and Telefónica's communications solutions leadership."
"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 Juan Carlos López Vives, President of Telefónica Global Solutions. "Furthermore, the global market reach of both companies is an added value for our Multinational clients and an excellent growth opportunity for IPC and Telefónica, collaborating to jointly develop business in the markets in which we operate."