Merrill Lynch picks VOIP-powered trading systems

London, New York and other floors around the world to go VOIP

Merrill Lynch has selected IPC Systems to provide advanced voice over IP (VOIP) trading systems in a global deal.

The contract -- for an undisclosed sum -- will see IPC install nearly 4,000 of its IQ/MAX trading desktops on Merrill Lynch's two largest trading floors in New York and London, and on other trading floors around the world.

The VOIP-powered digital system will be implemented in early 2008. IPC will also provide four data centers for the finance giant in London and New York.

Tony Kerrison, Merrill Lynch's chief technology officer for global technology infrastructure, said the IPC system offered "what matters most to our traders: efficiency, dependability and user-friendliness". IQ/MAX would provide reliable and collaborative trading floor communications.

Merrill Lynch is one of a group of financial institutions backing the launch of the Turquoise pan-European equity trading platform. The launch of Turquoise had been due this month, but has been delayed until early 2008 by complex negotiations over the technology that will drive the new venture.

Earlier this year, Merrill signed a deal making it the biggest user of Salesforce.com's on-demand customer relationship software. The hosted application is set to be rolled out to 25,000 staff.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Tash Shifrin

Computerworld UK
Show Comments

Cool Tech

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Breitling Superocean Heritage Chronographe 44

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?