Cloud9 Announces Gateway Service to Support Transition from Telephony-based Voice Trading Equipment
Firms Can Stay Connected to Counterparties Not Yet On Cloud9
NEW YORK, July 20, 2016 /PRNewswire/ -- Cloud9 Technologies LLC, a cloud-based trading communication platform for financial firms and institutional traders, announced the general availability of the Cloud9 Gateway service. The Cloud9 Gateway service connects Cloud9 users to their trading counterparties, even if they are not yet using the Cloud9 application, using industry standard private line interfaces.
Gateway can be deployed on site or as a hosted cloud based service, making it easy to add existing counterparties to your Cloud9 application with no disruption to their business. The Cloud9 Gateway will allow current and future customers of Cloud9 to rapidly migrate from traditional telephony-based systems (turrets) onto a cloud-based service, which improves firms' disaster recovery capabilities. It also gives companies the flexibility to operate a hybrid cloud/line based communication system.
"The Cloud9 Gateway service will enable these customers to quickly and easily transition to the cloud without interrupting their business, and overall, will provide them with a more cost effective, resilient and mobile solution alternative to traditional telephony," says Gerald Starr, CEO of Cloud9 Technologies.
"We love using Cloud9, and the Gateway service has enabled us to maintain connections to customers that aren't on Cloud9 yet," said Jesse DiPlacido, Partner at Eclipse International. "It was a very smooth transition onto Cloud9, and the mobility it gives us and the ability to connect to firms globally is good for our business - it's good for any business."
By migrating to the cloud, Eclipse International was able to significantly reduce communication costs. Additionally, the firm will also be able to easily expand to Florida later this year, while maintaining a secure and reliable way of staying compliant with industry regulations.
With its flagship product, C9 Trader, Cloud9 differentiates itself in the field by providing an easy-to- use voice communications platform that offers high-fidelity audio, end-to-end security, and a community of firms that enables users to easily connect with counterparties.
Cloud9 is currently used by more than 2,200 traders, across 26 countries. The company was recently named the Best Sell-Side Trading Communications System by Waters Technology, solidifying that Cloud9 is revolutionizing the way traders communicate across the industry.
About Cloud9
Cloud9 Technologies is a cloud communications service provider that delivers high performance voice and collaboration services designed for the unique needs of institutional traders. The company delivers its services from the cloud using software applications that leverages the Internet and advanced WebRTC technologies.
In the financial industry, Cloud9 connects counterparties across all asset classes via a cloud-based voice platform that features end-to-end security and encryption. Cloud9 eliminates the infrastructure and expense associated with legacy hardware and telecommunication based solutions. Our customer base includes top brokerages, sell-side firms, and tier one banks. For more information, visit: www.c9tec.com
SOURCE Cloud9 Technologies LLC
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