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IPC & Cybertech Partner for Recording & Compliance Solutions

June 7, 2010

IPC and Cybertech International Partner for Voice Recording and Compliance Solutions

Strategic partnership provides a single point of contact for management, administration and customer support for global financial services firms

Jersey City, N.J., and AMSTERDAM - June 7, 2010 - IPC Systems, Inc. a leading provider of indispensable trading communications solutions to the world's top financial services firms, and Cybertech International, a leading solution provider for quality and compliance recording, today announced their collaboration to jointly market, distribute and deliver the next generation of industry leading voice recording and compliance solutions for the financial services market. Through this strategic partnership, Cybertech expands its industry leading voice recording solutions with IPC's high-performance Voice over Internet Protocol (VoIP) turret technology. Additionally, IPC and CyberTech plan to further enhance the benefits of the voice recording and compliance solutions through future development efforts.

Cybertech is a recognized innovator of voice recording and monitoring applications that drive efficiencies in the capture, storage, retrieval and playback of voice, radio and data communications to support existing business processes. Working together enables both companies to provide better customer support through the integration of trader voice communications platforms and recording, along with single point of contact for management and support.

"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."

 

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