Press Release (ePRNews.com) - LIEGE, Belgium - Aug 12, 2016 - Experiencing Growth Surge, IP Trade Increases European Presence Growing
Adoption of New Platform, Changes in Industry Structure Spur Investment
LIEGE, BELGIUM – July 25, 2016 –IP Trade S.A. (http://www.iptrade-networks.com/), a leading provider of high-performance, 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, CEO of IP Trade, stated: “We already have had significant customer wins in England, France, Ireland and Luxembourg, and with our increased focus in Europe, we expect 50% 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.”
Expansion in Germany
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.
Partnership with Eliofaber
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 respected systems integrator focused on providing a full suite of trader voice services to financial services customers of all sizes.
According to IP Trade Head of Worldwide Marketing Christopher Corridon, “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.”
About IP Trade S.A.
Founded in 2005, IP Trade is a pioneer in the design of advanced SIP (Session Initiation Protocol) communications and an established leader for ultra-reliable, high-capacity, real-time unified communications and collaboration (UC&C) solutions for trading floor environments and command-and-control dispatch centres.
IP Trade offers high-capacity communications for financial trading professionals in enterprises of all sizes in the capital markets, commodities and investment management sectors. IP Trade provides innovative, scalable unified trading solutions that merge voice, data, and streaming media into a single platform for increased performance, profitability and customer service.
IP Trade also offers robust, customisable communications solutions for command centre professionals in public safety, healthcare, military, transportation, utilities and industry to maximise situational awareness and collaboration. Applications include air traffic control, logistics, mission control, network operations, power distribution and public safety.
IP Trade deploys certified and tested end-to-end solutions that integrate with leading unified communications and voice recording platforms from Alcatel, Avaya and Cisco. IP Trade is a privately-held, ISO 9001-Certified company headquartered in Liege, Belgium. The company offers global support from offices in Asia, Europe and the USA, and through partners in more than 100 countries.
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