Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
IP Trade Chistopher Corridon

21603

IP Trade increases European presence

RELATED TOPICS​

IP Trade, a provider of real-time communications and collaboration systems for trading floor environments and operations dispatch centres, is expanding its presence throughout Europe.

IP Trade is capitalising on recent growth across all business segments in the region, responding to industry consolidation and preparing for a major buying cycle as customers migrate from legacy platforms.
 
Jean-Francois Geys, chief executive of IP Trade, says: “We already have had significant customer wins in England, France, Ireland and Luxembourg, and with our increased focus in Europe, we expect 50 per cent revenue growth in the region in 2016. As a European company, we believe IP Trade is well-positioned to become a market leader, and with our recent success, coupled with industry changes, this is a perfect time to intensify our efforts and increase investment in Europe to better serve customers.”
 
The company has appointed Joachim Huber to the position of country manager for Germany. Germany is Europe’s largest economy, and Frankfurt is the region’s second largest financial centre, with approximately 7,000 traders. Huber, who brings more than 20 years of business development and sales experience in the critical communications industry, will lead IP Trade in both the financial and command-and-control market sectors throughout Germany, Austria and Switzerland.
 
As part of its plans to expand its European market presence, the company has signed a partnership agreement with Eliofaber Srl to build IP Trade’s business in Italy. Eliofaber is a systems integrator focused on providing a full suite of trader voice services to financial services customers of all sizes.
 
IP Trade head of worldwide marketing Christopher Corridon (pictured) says: “The current environment is a once-in-a-generation opportunity to capitalise on market trends, including the need to replace obsolete technology, clear signals that customers want more choice and a demand for advanced applications with lower costs for critical communications. Our European expansion plans will enable us to take advantage of these growth opportunities.”

Latest News

Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15..
New analysis by London-based Nickel Digital Asset Management reveals 38 listed companies with a combined..
Bloomberg has announced that for the first time, its proprietary Bloomberg Second Measure (BSM) transaction..

Related Articles

Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by