IPC Systems completes acquisition of Etrali Trading Solutions

Newly combined company delivers financial markets participants proven capabilities in compliance and communications.IPC Systems Inc., a provider of communication solutions and software, announced it has acquired Etrali Trading Solutions, a company focused on compliance and unified communications solutions.

The company will operate as IPC. Its global headquarters remain in Jersey City.

The new company will offer clients compliance products, an enhanced network service, advanced communication software and a global network community, according to IPC.

 “I’m very excited about bringing together the complementary strengths of both companies, particularly as the financial technology sector continues to innovate at a rapid pace,” Neil Barua, CEO of IPC, said in a prepared statement. “Our customers will realize significant benefits from our expanded geographical footprint and accelerated roll-out of capabilities in compliance and security. This is a pivotal event during a transformational time in the industry.  Our shared vision and decades of experience creates a best-of-breed combination — one that provides our customers with progressive solutions to meet their business challenges. I am also excited to welcome Lionel Grosclaude, current CEO of Etrali, who will join my executive team as Managing Director of EMEA and lead our newly created compliance business division.”

IPC together with Etrali’s European and Asia Pacific areas now has markets in over 700 cities in 60 countries across six continents.