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July 29, 2008
Wesley and Mitel Advance Solutions for Capital Markets
By Raju Shanbhag TMCnet Contributing Editor Mitel (News - Alert) has selected Wesley Clover Solutions as its exclusive U.S. channel for the Mitel 5560 IPT multi-line trading turret. This turret is designed for advanced voice communications solutions to the financial trading community.
One of the major reasons for Mitel to select Wesley Clover (News - Alert) Solutions is the fact that Wesley Clover Solutions has launched a suite of voice trading specific applications that are completely integrated with the Mitel 3300 IP Communications Platform (ICP). With this, financial trading firms can get never before feature/functionality and economies of scale in their communications infrastructure. Wesley Clover Solutions has more than 1,000 trading endpoints installed in more than 30 cities and 16 countries and its customers can now migrate to an advanced, highly reliable and more cost-effective approach to trading platforms.
Mitel provides voice, video, and collaborative communications solutions and services for companies of all sizes. Providing easy access to sales and service via their worldwide network of offices, the company operates in over 90 countries and supports over 1,500 value added resellers and partners. Wesley Clover Solutions will provide voice trading systems, voice recording and custom network design and services.
As Mitel selects Wesley Clover Solutions, it can combine both companies' product portfolios and market either directly or in conjunction with Mitel's direct sales and support offices in more than 100 U.S. cities. Wesley Clover Solutions can now increase the availability of their trading solutions to financial trading enterprise throughout the U.S. and every financial center.
Commenting on the enormous potential of this combination. Peter Madsen, president of Wesley Clover Solutions, said, “Mitel and Wesley Clover Solutions are bringing innovation and expertise to two crucial challenges facing every financial trading firm; migrating from legacy, site-based infrastructure while realizing the benefits of new technologies, and extending voice trading infrastructure cost-effectively to distributed trading environments.”
Wesley Clover Solutions has also introduced the Voice Trading Application Platform (VTAP), which complements the Mitel 3300 ICP equipped with Mitel 5560 IPT Trading Appliances. VTAP includes full support of speaker and 'hoot-n-holler' applications and allows traders instant 'always on' communication with brokers, customers and colleagues.
Raju Shanbhag is a contributing editor for TMCnet. To see more of his articles, please visit his columnist page
Don’t forget to check out TMCnet’s White Paper Library, which provides a selection of in-depth information on relevant topics affecting the IP Communications industry. The library offers white papers, case studies and other documents which are free to registered users. Today’s featured white paper is Managing Application Performance by Understanding Applications, brought to you by Shunra (News - Alert) Virtual Enterprise.
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