Speakerbus adds voice trading by acquiring iMarket

Rick Steves

Customers can migrate their voice trading connectivity services at their own pace and offers access to the broadest community of legacy and next-generation platforms and services.

Real-time digital communications firm Speakerbus has acquired iMarket to further expand its cloud trading communications platform, Cadence, by adding trader voice communications services.

Cadence was launched in April 2021 and provides a suite of software-based trading communications, compliance and connectivity services. The solution is already interconnected with the iMarket on-net community and is available globally, offering an array of options to suit client cloud architecture, connectivity, trading platform preferences.

The acquisition of iMarket’s customer base allowed Speakerbus to add hundreds of institutional financial services companies to Candence’s on-net community.

Customers can migrate their voice trading connectivity services at their own pace and offers access to the broadest community of legacy and next-generation platforms and services.

More markets, more quickly and at lower cost

Platform features include:

• Trader voice delivered as a secure, compliant, high-availability service
• Provider-agnostic, multi-cloud approach to critical communications
• Seamless transition to next-gen SIP connectivity services
• Access to leading on-net voice trading communities
• Works with any trading communications platform
• Simple subscription pricing optimises flexibility and costs

Andy Wodhams, CEO of Speakerbus, said: “The acquisition of iMarket immediately expands our Cadence on-net community for the financial trading industry, enabling traders to connect to more markets, more quickly and at lower cost. Cadence is a platform and carrier-agnostic managed service for clients who no longer want to build and run trading communications networks themselves.”

Dennis Costello, President and CEO of iMarket, commented: “iMarket has developed an exceptional reputation for providing high-quality connectivity and personalised service to our customers in the financial community for twenty years. We believe that as the market transitions to digital services and hybrid work models, the combination of the iMarket community and Cadence platform allows our customers to rethink their trading communications and do it in a way that suits their business and with their preferred partners.”

Speakerbus’s portfolio of collaboration, connectivity and compliance solutions helps organisations gather information, gain insight, make decisions and build relationships.

The acquisition of iMarket’s trader voice solutions will empower Cadence to streamline critical communications, connect to clients and ensure business continuity for customers.

 

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