IPCâs IQ/MAX, an advanced, VoIP-powered digital system, will be implemented in early 2008. The deal also includes four hardened data centers in London and New York.
Tony Kerrison, CTO, Global Technology Infrastructure at Merrill Lynch, said, âIPC focuses on what matters most to our traders: efficiency, dependability and user-friendliness. The outstanding VoIP technology IQ/MAX delivers will provide our traders with highly advanced, reliable and collaborative trading floor communications.â
Lance Boxer, Chief Executive Officer of IPC said, âEven prior to this agreement with Merrill Lynch, the launch of our IQ/MAX system had been the most successful in IPCâs history. Todayâs agreement is one of the industryâs most advanced uses of this technology and a culmination of our more than 30 years of exclusive dedication to voice communications for the trading floor.â