Neovest Joins IPC's Connexus Financial Extranet to Deliver Trading Applications to Global Capital Market Participants

JERSEY CITY, N.J., Feb. 6, 2012 /PRNewswire/ -- IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world's top financial services firms and global enterprises, today announced that Neovest Inc., a leading provider of broker-neutral execution management system technology, has joined IPC's Connexus Financial Extranet service.

Using IPC's Connexus, Neovest customers will experience flexible, simple and seamless connectivity to global capital markets. Traders will have access to a network that hosts an established community of market participants and a global network reach connecting to virtually every trading destination in the world.

"Connexus not only gives us the opportunity to extend our global network reach, but it also provides vital client connectivity, which is the life-blood of our business services," remarked Bryce Byers, chief operating officer, Neovest. "In a fluid and demanding trading environment, professionally managed connectivity is an essential component of our client's experience."

"IPC is committed to providing industry leading, value-added network solutions for traders in a reliable and secure environment," said Joe Pickel, vice president, Network Services Product Management, IPC. "Through IPC's Connexus platform, Neovest will be able to access their OMS and EMS applications faster and more efficiently to complete deals."

Connexus is part of the IPC Financial Markets Network service portfolio which also includes private extranet and DirectConnect data services, as well as Trader and Enhanced voice connectivity services. IPC's Financial Markets Network interconnects global financial centers and allows access to more than 4,000 market participant locations in over 700 cities in nearly 60 countries.  Built on an IP/MPLS backbone, the highly scalable and secure Connexus supports a number of industry standard and trading protocols.

About Neovest Inc.

Neovest, Inc. is an independently operated technology company providing a comprehensive suite of global broker-neutral financial services to the buy- and sell-side communities. Products encompass EMS, OMS, and idea generation solutions. Neovest is a multi-asset global offering providing low latency solutions for single-stock, pairs, and portfolio trading firms. Comprehensive and innovative pre-, post-, and in-trade analytics set Neovest apart. The combination of allocation and multi-prime support coupled with robust technical analysis, filtering, and relevant trade content streamlines the workflow complexities of a comprehensive trading desk. Neovest is a single source of global liquidity access to exchanges, ECNs, broker Algo product suits, crossing networks, dark pools, IOIs, and delivers routing to over 300 brokers. For more information, visit www.neovest.com.

About IPC

IPC offers high- and low-touch trading communications solutions to the global financial trading community including the top investment banks, hedge funds and investment managers in established and emerging markets. With a 100-percent focus on this sector and nearly 40 years of expertise and an unrivaled record of innovation, IPC provides customers with unified solutions that support collaborative voice trading and real-time electronic trading and market data connectivity.  IPC's offerings include the first unified communications/application platform, award-winning hard and soft turrets, electronic connectivity services including enhanced voice services, business continuity solutions, and follow-the-sun service and support. IPC's global reach extends to nearly 60 countries – including a financial extranet of 4,000 on-net locations in over 700 cities and more than 115,000 turrets deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 1,000 employees located throughout the Americas and the EMEA and Asia-Pacific regions. For more information, visit www.ipc.com.

SOURCE IPC Systems