IPC Invests in Greenkey Technologies, the Creator of Natural Language Processing Workflows for the Financial Markets

Leading global provider of secure and compliant communications and networking solutions, IPC has made a strategic investment in GreenKey Technologies (GK). The pioneers of natural language processing workflows for the financial markets have been developing machine learning voice technologies for the future.

This move grants exclusive rights to IPC and combines GreenKey Technologies’ advanced markets and customer insight extraction techniques with IPC’s long lineage of trading communications and cloud financial ecosystem expertise. IPC serves over 6,400 diverse market participants. IPC CEO Bob Santella will join the GreenKey board of directors, while GeenKey founder and recently appointed CEO Anthony Tassone will assume the role of IPC advisor for financial technologies.

IPC and GreenKey are joint winners of the 2018 American Financial Technology Award (AFTA) for “Best Partnership”. Both these companies have been developing voice-to-text user workflows. The co-developed solution has been rolled out to IPC customers worldwide. The joint task force developed a new groundbreaking cloud-based solution that enables IPC Unigy 360 users to harvest their audio streams as structured text data to enhance front, middle and back office workflows. They integrate voice across all applications coupled with instant message services creating an efficient and effectively time-saving workflow, saving several hours to the financial sector giant.

GreenKey uses artificial intelligence to convert a user’s voice quotes and trades into a streaming transcript for computer-based applications to understand. It unfolds the understood message in real time on the user’s desktop to establish better clarity on communication. The technology, though in an early stage could be a potential game-changer for financial markets worldwide. The application has the ability to parse quotes and trades alongside conversational raw text. It creates a real-time internal price data feed for organisations to easily scan and identify the most occurring conversations for faster trading in the future. The more an artificially program is used, the faster and accurate it becomes.

IPC Unigy 360 unifies communications across an organisation including traders, researchers, risk managers surveillance, compliance, portfolio managers, professionals, technologists, settlement personnel and operations staff. It covers all under one tree giving them any time, anywhere, any device access to better monitor and control an organisation’s internal workflows.

ABOUT THE AUTHOR

Sheila Neal has recently joined FinanceLong team as a news editor having four years of experience in financial writing. She is an avid trader. She is actively involved in forex trading. She has master's degree in finance and covering stories on various fields: IPOs and equities.

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