Voice trading continues to be a pivotal element of daily workflows across the institutional marketplace, which means that access to greater voice metadata is imperative for strategic, regulatory and operational purposes. In the fourth episode of Cloud9’s podcast series examining developments in the voice trading landscape, Cloud9’s CAO and Head of Partnerships, Brian Hunt, and Verint’s VP of Product Strategy, Phil Fry, examine the who, where, what and why of accessing greater voice metadata and how this will progress as we near the end of one of the most challenging years in recent memory.
NEW YORK, NY – September 23, 2020 – Cloud9 Technologies (“Cloud9”), a provider of cloud-based communications, today announced that its voice trading solution C9 Trader has been validated as Citrix® Ready™. Through the Citrix Ready Program, Cloud9’s sophisticated voice trading APIs can be distributed to institutional traders in any location in an efficient and secure manner.
The collaboration of C9 Trader and Citrix Virtual Apps and Desktops™ provides customers with the confidence that they can access C9’s complete suite of voice trading and UUC tools as well as leverage all data capture capabilities. This collaboration enables greater workflow, interoperability and provides customers with the confidence that they can access C9 from anywhere at any time.
The Citrix Ready Program offers robust testing, verification, and joint marketing for Citrix Workspace™ and App Delivery and Security–with over 400,000 validations listed in the Citrix Ready Marketplace. Through Cloud9’s open and interoperable framework, financial institutions receive seamless connectivity to an unlimited set of potential users through its network of financial technology partners. Cloud9’s expansive, rapidly-growing community and seamless integration with existing legacy communities empower increased efficiency and greater access to liquidity providers.
“The institutional marketplace is rapidly evolving and the ability to access the virtual trading floor and turn voice metadata into strategic insights quickly is pivotal,” said Brian Hunt, Chief Administrative Officer and Head of Partnerships at Cloud9. “With our offering now being part of the Citrix Ready partner ecosystem, we’ve demonstrated that our goal is to provide the highest quality experience for our customers.”
“Financial institutions want to be able to easily access workflows regardless of whether they’re on the trading floor or working from home,” said John Panagulias, Director, Developer and Partner Programs at Citrix. “Cloud9 and Citrix are making this process as efficient as possible while providing greater optionality for the institutional trading ecosystem.”
Cloud9 completed a rigorous verification process to ensure compatibility with Citrix, providing confidence in joint solution compatibility. The Citrix Ready program makes it easy for customers to identify complementary products and solutions that can enhance Citrix environments.
About Cloud9 Technologies
Cloud9 Technologies is the leading voice communication and analytics platform designed for the unique needs of the financial markets. Cloud9 developed a solution that harnesses the voice communication talk path for the trading floor of the future – offering more functionality and analytic insight than legacy hardware at a fraction of the cost. Cloud9 connects counterparties across all asset classes via a cloud-based communication platform that eliminates the infrastructure and expense associated with legacy hardware and telecommunication-based solutions, with front-office focused data and transcription, purpose-built for the financial markets. For more information, visit www.c9tec.com.
About Citrix Ready
The Citrix Ready Program is a technology partner program that helps software and hardware vendors of all types develop and integrate their products with Citrix technology. To become a partner and earn the Citrix Ready designation, companies validate their solutions through a robust testing and verification process that ensures compatibility with Citrix solutions. Technical specialists are available to assist with the integration and testing phases on the way to Citrix Ready verification. Partners can then participate in joint marketing activities to drive awareness and generate demand for their solutions. Partner solutions are also listed in the Citrix Ready Marketplace, an on-line resource that customers can use to easily search and find compatible solutions for their Citrix deployments or environment.
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As trading tools become more sophisticated, one thing that financial institutions continue to put at the top of their priority list is flexibility in their solutions. While the industry is gaining a greater appetite for working remotely, enabling greater flexibility in a cloud-based environment can still pose challenges. In episode 3 of Cloud9’s podcast series, Cloud9 SVP of Technology & Operations David Midgett and Business Systems Ltd Sales Director Will Davenport discuss how to address some of these hurdles and how the trading landscape will continue to evolve in the months ahead.
As the appetite for anytime, anywhere access to trading workflows increases, global capital markets are transitioning to “virtual trading desks”. While COVID-19 has acted as a catalyst for this structural shift, this transition will have a permanent impact on trading floors. With cloud-based voice solutions liberating traders from legacy hardware to trade and manage business remotely, Cloud9 and OpenFin are playing a key role in equipping the industry for the trading desktop of the future. Cloud9 Chief Operating Officer Jim Miller and OpenFin President and Chief Operating Officer Chuck Doerr discuss how we’ll get there and what we can expect along the way.
IPC and Cloud9 Win ‘Best Cloud-Based Trading Data Management Solution’ at the TradingTech Insight Awards Europe 2020
LONDON, February 26, 2020 — IPC, a leading global provider of secure, compliant communications and networking solutions for financial market participants, and Cloud9 Technologies, a leader in cloud-based communications, today announced that their integrated voice-trading platform has won the “Best Cloud-Based Trading Data Management Solution” category at the TradingTech Insight Awards Europe 2020. IPC and Cloud9 received the award at a ceremony on February 25, 2020 in London.
“We dedicate this award to our customers, who have rapidly embraced the transformative voice trading platform IPC has built in conjunction with Cloud9,” said Bob Santella, Chief Executive Officer, IPC. “We knew that by working together, the IPC and Cloud9 platform would become the number one choice for traders globally.”
“We had one goal with this partnership, and that was to empower financial firms to build smarter and more profitable trading strategies,” said Gerald Starr, Chief Executive Officer, Cloud9. “It’s immensely rewarding that the industry at large already recognizes the value delivered by the IPC-Cloud9 integrated trading solution.”
Rapidly being deployed around the world, the IPC-Cloud9 platform provides the global trading community with a unified solution for endpoint connectivity, mobility, advanced data analytics and business continuity planning. The integrated cloud-based service unites IPC’s Unigy™ trading communications platform and Connexus™ Cloud global financial ecosystem with Cloud9’s C9 Trader™ voice communications and analytics platform.
Produced by A-Team, the TradingTech Insight Awards Europe emphasize operational and product excellence in financial trading technology and reflect the different challenges facing market practitioners and suppliers as they seek to develop trading and data solutions in the rapidly changing European marketplace. The shortlist was selected by the TradingTech Advisory Board, as well as A-Team’s editorial team, with the winner voted for by the TradingTech Insight readership.
IPC is a technology and service leader powering the global financial markets. We help clients anticipate change and solve problems, setting the standard with industry expertise, exceptional service and comprehensive technology. With a customer-first mentality, IPC brings together one of the largest and most diverse global financial ecosystems spanning all asset classes and market participants. As the enabler of this ecosystem, IPC empowers the community to interact, transact and react to market changes and challenges, and we collaborate with our customers to help make them secure, productive, compliant and connected.
About Cloud9 Technologies
Cloud9 Technologies is the leading voice communication and analytics platform designed for the unique needs of the financial markets. Cloud9 developed a solution that harnesses the voice communication talk path for the trading floor of the future – offering more functionality and analytic insight than legacy hardware at a fraction of the cost. Cloud9 connects counterparties across all asset classes via a cloud-based communication platform that eliminates the infrastructure and expense associated with legacy hardware and telecommunication-based solutions, with front-office focused data and transcription, purpose-built for the financial markets. For more information, visit: www.c9tec.com.
Certain statements contained in this press release may be forward-looking statements. Any forward-looking statements are based on current expectations, assumptions, estimates and projection and involve known and unknown risks and uncertainties. Actual results may differ materially from any future results expressed or implied by these forward-looking statements.