NEW YORK: IPC, an Information Technology and Services provider, and Algomi, a computer software provider, announces partnership to develop Algomi’s DealCall, an application that leverages IPC’s Financial Markets Cloud.
DealCall is an application which will be integrated with Algomi’s Honeycomb platform and IPC’s community of financial market participants, enabling Honeycomb users to connect to their dealers quickly and securely.
The partnership between IPC and Algomi aims to enable a seamless communication for buy-side users of the Honeycomb application. Users are able to access on-demand connectivity to their chosen sales coverage teams at their chosen banks with a click of a button.
Leveraging IPC’s community of over 6,000 diverse market participants and Algomi’s applications, DealCall sets to create a secure, seamless and integrated experience for customers. Honeycomb users are enabled to instantly communicate with counterparties and gain access to bond information and dynamically communicate using instant messaging and instant voice communications.
“We are thrilled to be working with IPC to leverage their leading communication technology to enrich the Honeycomb client experience. The investor is able to deal in size, seek best execution, and remain discreet in the market. They can choose to communicate by voice, or existing secure instant messaging.” says Stu Taylor, CEO of Algomi. He added, “Both Algomi and IPC share a common goal of empowering market participants to source liquidity, generate alpha and mitigate risk in the fixed income markets.”