IPC Systems, a provider of trading communications solutions to financial services firms, and CyberTech International, a solution provider for quality and compliance recording, have announced their collaboration to jointly market, distribute and deliver voice recording and compliance solutions for the financial services market.
Through this strategic partnership, CyberTech expands its voice recording solutions with IPC’s VoIP turret technology. Additionally, IPC and CyberTech plan to further enhance the benefits of the voice recording and compliance solutions through future development efforts.
“We chose to partner with CyberTech knowing that together we will provide enormous benefit to our mutual customers”, said Tim Whelan, IPC’s Chief Operating Officer. “We’ve listened to our customers and are pleased to add their offerings to our existing portfolio of integrated solutions.”
New regulations for compliance and reporting continue to underscore the need for a streamlined voice recording solution. CyberTech offers compliance recording to the financial marketplace. IPC offers technology deployment, installation, project management, and reliability, with a thorough understanding of the demands of the community. IPC introduced VoIP to the trading floor and to date has deployed over 70,000 IP trading communications desktops supporting over 2,400 trading floors and exchanges across the globe. This strategic partnership benefits customers with tight integration of CyberTech voice recording and IPC trading communications platforms, providing streamlining of administration and support functions such as installation, warranty, maintenance and system design.
“The combined solutions and resources of IPC and CyberTech will provide revolutionary and high-quality solutions demanded by our global financial market customers,” said Ad Ketelaars, CEO of CyberTech. “Working together, we intend to build on the success that each has had individually as we plan to develop, build and deliver the next generation of industry leading voice recording and compliance solutions for the financial industry.”