PRNewswire/ IPC Systems, the leading provider of indispensable communications solutions to financial services firms, todayannounced that it has expanded its global network coverage with the addition of a new directpoint-of-presence (POP) in Dubai. Located at the Dubai International Financial Centre (DIFC), thisnew POP facility enables IPC Dubai-based clients to dramatically reduce the installation time toconnect with trading venues across Europe and Asia-Pacific. Today's news follows IPC's recentannouncement of its further expansion into the region through the direct delivery of its servicesinto Bahrain as well as the completion of multiple network capacity upgrades worldwide.
The DubaiPOP is located at the crossroads of the major international capital markets of London and Singapore,enabling IPC's on-net community comprising more than 3,600 locations to connect more rapidly totrading partners in Dubai across a resilient and diverse network dedicated to traders. The Dubaisite increases IPC's global network presence and provides direct connectivity to an increasinglymarket-moving financial centre.
"These are challenging times in the financial sector; however,IPC is accelerating our plans to provide connectivity solutions to our customers that enable them toreach more markets quickly, securely and reliably," said Dave Brown, senior vice president, NetworkServices Operations, IPC Systems. "We are committed to invest in growth areas such as Dubai to helpour global on-net community connect to new pools of liquidity and execution. This important networkupgrade will support voice and data services trading firms rely to compete effectively in today'smarketplace."
IPC partnered with Interoute, who is providing infrastructure over theirstate-of-the-art fiber optic network. Interoute is the owner operator of Europe's most advanced anddensely connected voice and data network.
Jens Leuchters, Country Manager at Interoute forGermany and Austria commented: "We are pleased to provide bandwidth and collocation services toDubai for IPC, a fast growing company which has for long been committed to providing superiorservice and support to its customers around the world. The agreement with IPC once again shows ourcompetency as a global player in delivering bandwidth in the Middle East."
The Dubai POP willserve as the Middle East hub connecting Europe and Asia with an ultra-resilient, secure globalfinancial network supported by IPC's unmatched 24/7/365 proactive service management to facilitatehigh-performance trading on a global scale.