IPC Systems has announced a strategic partnership with Luware, expanding access to the firm’s cloud-based compliance recording platform for financial institutions. The collaboration connects IPC’s global trading communications network with Luware Recording, enabling clients to meet regulatory requirements through cloud infrastructure. The partnership addresses growing demand from trading desks and broker-dealers seeking modern compliance solutions that move away from legacy on-premises systems.

Financial institutions using IPC’s communication infrastructure can now integrate Luware’s recording capabilities directly into their workflows, streamlining compliance obligations for voice communications. The move comes as regulators worldwide continue tightening oversight of trader communications following recent enforcement actions. Market participants relying on IPC’s network—which connects thousands of trading desks globally—gain immediate access to automated recording and storage solutions designed specifically for financial services compliance frameworks.

FXnCO Insight

Trading firms should evaluate whether cloud-based compliance recording reduces operational costs and regulatory risk compared to existing on-premises systems, particularly as enforcement scrutiny intensifies.

Source: Finextra