Lloyds TSB Selects IPC for New Trading Floor; Enhances Firm-wide Trader Voice Infrastructure with IPC's Enterprise Voice Services (EVS) for Business Continuity.
To outfit the new state-of-the art trading floor, Lloyds TSB chose IPC's Alliance MX infrastructure, IQMX and Remote Enterprise IQMX turrets, Applications Modules with TraderVision and Enterprise ICMX intercoms. In addition, Lloyds TSB chose to replace its overall voice network infrastructure with IPC's Enterprise Voice Services (EVS). By choosing to implement EVS, Lloyds both ensured a smooth move from one floor to the new trading floor and at the same time created a comprehensive business continuity capability that benefits the firm's entire operations.
First, because EVS allows voice communications to be delivered at both sites simultaneously, the new site could be tested in real time while traders were still working on the original floor. The actual move took place over the 2006 August Bank Holiday Weekend. Because no switchover was required, traders were able to report to work at the new trading floor after the three-day weekend having suffered no downtime and no loss of productivity.
Additionally, EVS has made it possible for Lloyds to make use of the original site as a fully operational disaster recovery site. Possible points of failure have been dramatically reduced, and now new trader voice circuits can be added in less than a day--- a process that had taken three to four days in the past. As part of the complete package, Lloyds will also be using IPC's Enterprise Administration Server (EASe) to synchronize button layouts between the two locations to ensure site parity, as well as Advanced Fault Management (AFM), which proactively completes daily network health checks and notifies Lloyds' IT management of status.
Gavin Golbourn, Head of Production Support, Lloyds TSB Corporate Markets, said, "We wanted to create an architecture that would be as robust as possible and that could easily grow along with us. We now have an even more efficient and secure operation that will allow us to serve our clients better than ever before, thanks to IPC. IPC's expertise and track record make them a valuable partner to our business."
"We are extremely pleased to be working with Lloyds TSB Corporate Markets. More and more top firms are now looking at trading floors on a global scale rather than one at a time. They are demanding much more sophisticated environments, relying on the integration of many different types of technologies and services. We're working with our clients to achieve efficiencies and benefits on this global scale, which helps them create a sustainable advantage in the marketplace," said Lance Boxer, CEO, IPC.
About Lloyds TSB Corporate Markets
Lloyds TSB Corporate Markets provides comprehensive expert financial services to businesses ranging from privately-owned firms to multinational corporations and financial institutions. As well as offering the expertise and capabilities our clients need to compete successfully in the marketplace, we are proud of the relationships we build with our customers. We work closely with them to understand their business and offer the best financial solutions to meet their distinctive needs.
The wide range of services and innovative solutions we can deliver includes:
* dedicated relationship banking;
* capital market funding;
* debt and equity finance;
* treasury and risk management services;
* structured finance solutions;
* asset finance;
* company registration and employee share schemes;
* competitive e-trading facilities.
* import and export trade finance;
* tailored cash management solutions; and
* structured credit investments and securitisation facilities.
IPC is a leading provider of mission-critical communications solutions to global enterprises. With more than 30 years of expertise, IPC provides its systems and services to the world's largest financial services firms, as well as to public safety; government; power, energy and utility; and transportation organizations. IPC offers its customers a suite of products and enhanced services that includes advanced Voice over IP technology, and integrated network and management services to over 40 countries. Based in New York, IPC has over 900 employees throughout the Americas, Europe and the Asia Pacific regions. For more information visit www.ipc.com.
Statements made in this news release that state IPC's or its management's intentions, beliefs, expectations, or predictions for the future constitute "forward looking statements" as defined by federal securities laws, which involve significant risks and uncertainties. Many risks and uncertainties are inherent in the telecommunications equipment industry. Others are more specific to our operations. The occurrence of the events described and the achievement of the expected results depend on many factors, some or all of which are not predictable or within our control. Actual results may differ materially from results discussed in these forward looking statements. Among the factors that could cause actual results, performance or achievement to differ materially from those described or implied in the forward-looking statements, are risks associated with substantial indebtedness, leverage and debt service, risks relating to the performance of our business and future operating results, risks of competition in our existing and future markets, loss or retirement of key executives, risks related to the notes and to high yield securities generally, general business and economic conditions, market acceptance issues, including potential technology changes and the risks inherent in new product and service introductions and the entry into new geographic markets, as well as those risk factors described in our filings with the SEC.
[c]2006 IPC Systems, Inc. All Rights Reserved. IPC, IQMX, IQ/MAX and ICMX are trademarks of IPC. All other trademarks are the property of their respective owners.
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|Date:||Nov 27, 2006|
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