Tim Carmody, global product management and engineering for the financial markets network at IPC, explained electronification, bank balance sheet restraints and fragmentation continues to affect global markets. IPC, a provider of communications systems for the finance industry, has partnered with TransFICC to offer access to several electronic venues to 6,000 fixed income market participants. The new platform will be available in all major markets across Canada and is expected to launch later this year. As part of the deal, IPC's network will gain access to TransFICC's application programming interface, which offers connectivity to new derivatives liquidity and fixed income opportunities.
IPC, a provider of communications systems for the finance industry, has partnered with TransFICC to offer access to several electronic venues to 6,000 fixed income market participants. The new platform will be available in all major markets across Canada and is expected to launch later this year. As part of the deal, IPC's network will gain access to TransFICC's application programming interface, which offers connectivity to new derivatives liquidity and fixed income opportunities.