Monday June 19, 8:07 am Eastern Time
Company Press Release
IPC Information Systems, Inc. Introduces IQMX
Breakthrough System Will Dramatically Simplify and Expand Trader's Ability To Access and Integrate Information from All Sources - Data, Video and Voice
NEW YORK--(BUSINESS WIRE)--June 19, 2000-- IPC Information Systems, a Global Crossing company (NASDAQ:GBLX - news) and the world's leading supplier of voice trading systems to the financial community, will be demonstrating the growing capabilities for integrating voice, data and video on one platform -- the next generation trading system -- at the SIA Technology Management Exhibition at the New York Hilton, starting today.
Known as IQMX(TM), and reflecting two and-one-half years of research and development, the new system redefines the traditional dealerboard, transforming it into an advanced, integrated, voice-data-video tool for traders and sales traders--without sacrificing IPC's world-renowned reliability. Built on a dedicated Ethernet infrastructure, IQMX utilizes Voice over Internet Protocol (VoIP) to facilitate integration of voice, data, and video on a single platform. 100 Million Instructions Per Second (MIPS) of Digital Signal Processor (DSP) power, combined with 10 megabit Ethernet connections to every desktop, provide the desktop power that will be necessary to deliver high powered, advanced applications such as streaming media, video conferencing and enhanced CTI applications.
The IP-based infrastructure also maximizes opportunities for utilizing and creating advanced network service offerings -- like those provided by sister company IXnet -- that accommodate traders' rapidly-evolving needs for instantly accessible and readily managed information from all sources. Utilizing the industry-leading Alliance MX(TM) switch, IQMX co-exists with customers' existing MX SlimLine(TM) turrets, creating an easy, low-risk migration path to new technology on the trading floor.
``The split-second judgments required of traders in today's global marketplace depend on information from multiple sources - trading partners, market data, news, the Internet, television, and more,'' Greg Kenepp, IPC's Senior Vice President of Product Development, said. ``Imagine the possibilities that can be realized when a single source on the desktop -- IPC's IQMX -- connected to a powerful, global network through a single connection, can deliver data, video and voice digitally, in an integrated fashion.'' |
