National Australia Bank Selects IPC to Engineer New VoIP-Powered Trading Floor

New York / Brisbane / Australia - 13 August 2007

IPC technology & network services gives traders on new Brisbane dealing floor
the competitive edge

IPC, a leading provider of mission-critical communications solutions to global enterprises, announced today that The National Australia Bank has chosen IPC to engineer and install IP-based technology for its relocated Treasury division on a new dealing floor in Brisbane. IPC’s state-of-the-art technology will comprise both the back end infrastructure and desktop environment. IPC provides trading floor solutions and services to the world’s largest financial services institutions in more than 40 countries, with more than 105,000 traders around the world relying on an IPC desktop every day.

The new Brisbane dealing room will be equipped with IPC’s IQMX, one of the world's first IP desktops. IQMX extends the functionality of the switch beyond the physical trading floor to extend IP from the network into the enterprise environment. Brisbane is one of only a handful of dealing rooms worldwide that is running a fully integrated IP solution, not just on the trading floor, but firm-wide.

Although the new IQMX turrets are in Brisbane, via enterprise, they are run off a switch installed in Sydney over the bank’s own network. Enterprise functionality is maximized with the IQMX, allowing for business continuity solutions that are flexible, cost effective and easy to manage. And IP provides huge benefits in terms of system resiliency, reduced infrastructure, resource-sharing and trader mobility.

Mark Adams, Head of Corporate and Institutional Sales, National Australia Bank said, “IP is a proven technology that refines everyday functions on the trading floor, allowing National Australia Bank to offer our clients enhanced trading services. IPC’s industry experience and IP expertise makes them the clear choice to help us apply technology to strengthen operations, grow our business and remain competitive.”

“In today’s highly competitive trading environment, 100% reliable trading floor solutions are not a luxury but a necessity,” said Stephen Phillips, Managing Director of Global Sales, IPC. “IPC’s reputation as an innovator, combined with unrivalled quality and reliability helps us create a sustainable advantage for our clients in the marketplace. We are proud to be the trading systems partner of choice for National Australia Bank.”

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