National Australia Bank (NAB) has contracted with IPC for the engineering and installation of voice-over-IP (VoIP) trading turrets at a new dealing room in Brisbane.
IPC says its technology will comprise both the back-end infrastructure and desktop environment at the bank's relocated treasury division in Brisbane.
The vendor will install its IP-based IQMX destops at the new facility. Although located in Brisbane, the desktops will run off a switch installed in Sydney, over the bank's own network.
IPC says the IP technology provides benefits in terms of system resiliency, reduced infrastructure, resource-sharing and trader mobility.
Mark Adams, head of corporate and institutional sales, NAB, says: "IP is a proven technology that refines everyday functions on the trading floor, allowing National Australia Bank to offer our clients enhanced trading services."