London, UK – March 19, 2012 – IPC Systems Inc., a leading provider of voice and electronic trading communications solutions to the world’s top financial services firms, today announced the expansion of its financial markets network with new high speed resilient network connectivity into Turkey. The extension of IPC’s high performance network services to Istanbul means that Turkish trading firms can now access and carry out business with a wider international community.
Together with its strategic local partner SPINTEK, a new POP (point-of-presence) has been built using advanced technology to allow its customers to access trader voice and data connectivity services. A new data center has been established in Istanbul to support the network with high capacity, availability and scalability to support future growth requirements.
“The key drivers behind investment in the network in Turkey are the strong local economy and the need to support the rapidly growing Turkish financial markets,” says Richard Petrie, VP of Network Operations EMEA, IPC Systems. “Located at the crossroads of Europe and Asia, Turkey represents an increasingly important hub for the global financial trading community, and its capital markets are now attracting significant attention from international investors. By working with SPINTEK to develop the network, we’re now able to offer Turkish trading firms secure, high speed connections that enable them to expand their business with key international financial destinations.”
Kaya Bag, CEO of SPINTEK said: “We’ve worked with IPC for more than 7 years and in that time have supported local traders with their communications. Now IPC has proved its trust and commitment to the Turkish capital markets with this extension of its network and together we aim to offer the highest level of service to Turkish trading firms.”
IPC Systems, Inc. offers high and low touch trading communications solutions to the global financial trading community including the top investment banks, hedge funds and investment managers in established and emerging markets. With 100% focus on this sector and nearly 40 years of expertise and an unrivaled record of innovation, IPC provides customers with unified solutions that support collaborative voice trading and real-time electronic trading and market data connectivity. IPC’s market-leading offerings include the first unified communications/application platform, award-winning hard and soft turrets and electronic connectivity services. IPC’s global reach extends to more than 58 countries – including a Financial Extranet of 4,000 on-net locations in over 700 cities and more than 115,000 turrets deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 1,000 employees located throughout the Americas and the EMEA and Asia-Pacific regions. For more information, visit www.ipc.com.
SPINTEK has over 15 years of experience and is well situated as a local partner that provides network services to its global service providers, its multinational partners in the local market. SPINTEK’s customer base has only grown increasingly over the past 15 years due to its diligence in providing high quality managed services in the voice, data, hosting IP-based services and applications, connectivity and field services to its global partners all under the one contract. This allows its global partners the capability of providing local services that is linked to their global networks.
The expertise of high and mission critical service level agreements (SLA’s) is the key to successful representation in running a network for our international services partners. SPINTEK’s mission is to operate with the same precision as the local office of its international partners. SPINTEK provides also customer connectivity using fiber optic services, managing the CPE and handling the helpdesk and field services. The diversification in this connection type provides high availability of services.
SPINTEK provides local services 24 hours, 7 days a week to more than 600 multinational customers via its global Service Provider partners. http://www.spintek.com.tr