When Standard Chartered announced in its end of year results that it will include a $900 million provision for penalties relating to investigations into FX trading issues, trading compliance was once again thrust firmly into the spotlight. From electronic chat rooms to email, video calls to phone calls, there has been a constant fight by [...]
You could be forgiven for thinking this should be a rhetorical question – the answer is surely none? However, such is the scale and complexity of managing FICC voice trading systems, with all their interdependencies and interoperability requirements, that the reality is very much the opposite. The story of how IT departments are fighting a [...]
IPC to use tekVizion’s onPOINT FS platform to automate manual financial markets testing workflows to meet security requirements, boost uptime, and increase efficiency NEW YORK — October 25, 2018 — IPC, a leading global provider of secure, compliant communications and networking solutions for global financial market participants, has entered into a strategic partnership with tekVizion [...]
Kicks off partnership with promotional pricing for service providers certifying SIP Trunking offering PLANO, TX, -- July 31, 2018 – tekVizion has partnered with Cloud native communications software leader Metaswitch to help service providers certify their Metaswitch SIP trunking solutions with Microsoft Skype for Business. tekVizion is the only third-party testing lab to provide Skype [...]
SIP Trunk validation allows service provider to generate additional $35 million per year SIP trunking represents a significant revenue opportunity for service providers to shift business phone and Unified Communications (UC) systems from traditional phone lines to leverage the Internet for calls. It’s estimated that businesses can save 60% to 80% on calls and telecommunications [...]
Moving customers from PSTN to SIP Trunks required quick cradle-to-grave validation process tekVizion, the largest independent interoperability verification lab with over 40 vendor PBXs available for verification and certification, recently completed 10 SIP trunking validations across multiple PBX platforms for VodafoneZiggo NL in a record time of six weeks. tekVizion’s automated testing tools combined with its SIP [...]
Automation can stop revenue loss, improve voice trading service Missing an important call can be especially costly for financial services firms, particularly capital markets companies that engage in voice trading. Downtime can mean a significant loss -- averaging $9.3 million per hour -- not to mention the risk of long-term reputational damage. Factoring in compliance [...]
May 25, 2018 -- the GDPR compliance deadline -- is rapidly approaching. While the European Union’s General Data Protection Regulation (GDPR) has been in place for nearly two years now, the grace period for compliance is coming to an end. Is this only for European establishments? The regulation goes well beyond businesses based in the [...]
What exactly does downtime mean for a capital markets firm? For voice trading systems, it translates to an average loss of $9.3 million per hour. A hefty sum, yet that’s just the immediate impact. Consider the hit you’ll take in customer loyalty and potential long-term reputational damage. Especially if the system goes down during peak hours. [...]
We take simple tools such as the speedometer and fuel gauge in our car for granted. In fact, the whole dashboard provides us crucial information with quick and ready access as we drive. With a simple glance, we can tell if we are speeding, need gas or if our engine requires service. The dashboard model [...]
