IPC and GreenKey Technologies Launch Dictation as a Service

NEW YORK and LONDON, Sept. 3, 2020 /PRNewswire/ -- IPC, a leading global provider of secure, compliant communications and networking solutions for the global financial markets, announced today the launch of a new, managed voice trading dictation solution: Dictation as a Service. Dictation as a Service brings together GreenKey Technologies' industry-leading cloud-based speech recognition (automatic speech recognition) and natural language processing (NLP) engine with IPC's unparalleled Connexus Cloud financial ecosystem. The service enables financial traders to "dictate" trade jargon via a dedicated IPC private wire, and consume the output transcribed in real-time via GreenKey's and IPC's co-developed award-winning Blotter visualization application.

Utilizing the Blotter application, Dictation as a Service provides a powerful, industry-first end-user solution for converting unstructured voice trade data into a searchable, exportable structured data format in real-time. Dictation as a Service provides a simplified way to integrate NLP while Connexus Cloud provides the infrastructure to scale.

Members of IPC's financial ecosystem of nearly 7,000 firms and 200,000 traders can leverage Dictation as a Service for:

• Driving efficiencies in voice trading workflows 
• API integration to premier chat services
• Creating automated text records of voice trades
• Providing a trader's consolidated daily tape
• Searching through structured voice data to reconstruct trades
• Supporting internal and external regulatory compliance requirements

"Timely communication is critical for traders," said Bob Santella, Chief Executive Officer, IPC. "The combined capabilities of IPC and GreenKey empower traders to take advantage of state-of-the-art speech recognition technologies to create workflow efficiencies."

"Our collaboration with IPC continues to provide traders with the necessary tools for success," said Anthony Tassone, Chief Executive Officer, GreenKey Technologies. "Much like Blotter, this industry-first solution will enhance trader productivity by providing unparalleled NLP capabilities."

IPC's Dictation as a Service is platform-independent, and supports IPC's award-winning Unigy™ solution, third-party trading communications systems, and PBX users.

About IPC
IPC is a technology and service leader powering the global financial markets. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With a customer-first mentality, IPC brings together one of the largest and most diverse global financial ecosystems spanning all asset classes and market participants. As the enabler of this ecosystem, IPC empowers the community to interact, transact and react to market changes and challenges, and we collaborate with our customers to make them secure, productive, compliant and connected. Learn more at ipc.com.

About GreenKey Technologies
GreenKey Technologies (GK) is the creator of a patented speech recognition (ASR) and natural language processing (NLP) platform that recognizes complex jargon across real-time audio and text sources and transforms them into actionable insights. GK helps financial market and emergency services professionals automate complex workflows. For more information, please visit www.greenkeytech.com.

Certain statements contained in this press release may be forward-looking statements. These statements may be identified by the use of forward-looking terminology such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "should" or "will" or similar terminology. Any forward-looking statements are based on current expectations, assumptions, estimates and projections. Such forward looking statements involve known and unknown risks and uncertainties, many of which are beyond our control. Actual results may differ materially from any future results expressed or implied by these forward-looking statements.

SOURCE IPC Systems, Inc.

Related Links

http://www.ipc.com