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Fabric Technologies Named as IP Trade Global Partner of the year FY08

London based UC specialist commended by leading IP Dealerboard vendor

Release Date: 6th April 2009

Fabric Technologies has been named as IP Trade Global Partner of the Year for FY08, recognising significant achievements in market penetration, project-management and technical delivery.

IP Trade’s partner programme is formed of a global network of integrators spanning three continents. The company’s range of IP based dealer turret solutions have been adopted by financial services institutions in 21 countries.

Fabric was an early adopter of the IP Trade dealer board solution in the UK, combining their expertise in Financial Services and Unified Communications. They were awarded IP Trade Gold Partner status in July 2008, recognising investment in engineering and support resources.

Since then, Fabric has seen their unified communications practise go from strength to strength, even in the face of challenging trading conditions.

Misha Gopaul, CEO of Fabric comments: “By combining IP Trade’s technology with a company’s investment in Unified Communication, we are seeing our customers realise significant savings in operational expenditure, whilst simultaneously benefiting from advanced features such as video and CRM integration. We are extremely proud to have been named as Global Partner of the Year.”

The success and growth has also been attributed to the market understanding and accepting that traditional dealer telephony can be delivered via a Unified Communications platform. IP Trade have also worked hard to deliver advanced dealer features which in turn are driving interest from potential clients.

Latest innovations in the development of the platform include IP Trade Connect, a sophisticated disaster recover model which enables both turret users on the trading floor and non-turret using colleagues in the middle or back office, to access and share private wire connections using a standard IP phone or mobile device.

2009 has already seen some significant IP Trade projects including larger deployments in excess of 100 positions, demonstrating the strategic value and stability of the solution.

Gopaul comments: “We are at an exciting time in trading technology. Much of the low hanging fruit has gone and technology companies are having to work harder than ever to deliver innovative solutions with measurable business value. The unique nature of the partnership we have with IP Trade allows us to be responsive to new ideas and innovation which really make a difference to our customers’ business.”

At a challenging time in financial services, successful organisations are challenging norms, changing the way they do business and adopting technologies that differentiate them in the market place.

Chris Bates, IP Trade’s VP of Sales and Marketing concludes: “Fabric has demonstrated mastery of the IP Trade product set, and a complete understanding of Cisco’s Unified Communication suite. This technical know how combined with a proven delivery process and practical approach to doing business, has allowed them to gain a premiere position in delivering IP Trade products to multiple markets.”

-ends-

Note to Editors

About Fabric

Thinking laterally and imaginatively, Fabric integrates best of breed technologies, creating business solution for customers in demanding environments that provide them with competitive advantage.

The company has a strong track record of work across many verticals including finance, legal, professional services and education.

Fabric is a Cisco Premier Partner with Unified Communications Specialisation and a Microsoft Gold Certified partner.

For more information, please contact Nick Hardy on 0207 841 6752 or email: nickh@fabrictechnologies.com. To visit Fabric's website, please click here http://www.fabrictechnologies.com/trading_system.html .

About IP Trade

IP Trade was originally founded in 2005 by a group of four senior engineers with 40 years experience in the telecommunications, IT and banking industries.

Amid a global transition towards IP-based converged networks integrating data, voice and video, financial institutions were left with a missing link in the trading floor. Prior to IP Trade, no trading turrets were available in the market that didn’t require the use of a proprietary TDM voice switch.

After recognising that ongoing deficiency in the trading floor offerings, IP Trade was formed to specifically address these trading communication requirements.

For more information, please contact Chris Bates on 0203 178 4448 or email: cbates@iptrade-networks.com. To visit IP Trade’s website, please click here http://www.iptrade-networks.com/.

This press release was distributed by ResponseSource Press Release Wire on behalf of Fabric Technologies in the following categories: Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.