Celoxica & IPC combine forces to enhance Connectivity & Risk Management in Taiwan

By Gloria Mathias

IPC has partnered with the Celoxica team to Power Ultra-low Latency Market Connectivity and Pre-trade Risk Management for a Global Investment Bank in Taiwan.

This industry collaboration unites Celoxica’s market access gateway with IPC’s Connexus platform to deliver a hosted, fully managed colocation solution to a Tier 1 Investment Bank in Taiwan, for enhanced Direct Market Access (DMA) and pre-trade risk management.

IPC is providing fully managed hosting services in the CHT data centre, underpinned by Connexus Colocation, Connectivity and Chrono services, to deliver more efficient market access to – and lower latency trading in – Taiwanese financial markets.

This solution is further enhanced with seamless integration with Celoxica’s Market Access Gateway (MAG) platform that supports trading multiple asset classes, with comprehensive pre-trade risk management and assured ultra-low latency performance, regardless of trading volumes and market volatility.

Further, the Investment Bank benefits from cost efficiencies by replacing capital expenditure with an operational expenditure service model.

John Owens, Director of Global Exchange Relationship Management, IPC Systems said, “We are pleased to have the opportunity to collaborate with Celoxica on a fully managed, ultra-low latency market connectivity and pre-trade risk management trading solution that supports our customer’s speed to market with respect to exchange, broker and client connectivity.”

Ben Tyas, Head of Asia region for Celoxica commented, “Partnering with IPC allows us to continue building our presence in the Asia Pacific region and offer both local and global customers a fully managed service leveraging our ultra-low latency product suite for market data, trading and risk checks.”

IPC is a technology and service leader powering global financial markets. It is at the forefront of electronic trading connectivity and state-of-the-art cloud communications, setting the standard for exceptional service, innovation, and expertise.