Smartoptics Group AS

Regulatory Filings • Nov 28, 2023

IPC chooses Smartoptics to elevate algorithmic trading connectivity

IPC chooses Smartoptics to elevate algorithmic trading connectivity

Oslo, Norway - November 28, 2023 - Smartoptics, a leading provider of optical

networking solutions, today announced that IPC Systems, a provider of secure,

compliant communications and multi-cloud connectivity solutions for global

financial markets, has selected Smartoptics to meet high-performance customer

requirements for electronic trading. The Smartoptics solution offers low latency

combined with simple management, short lead times and competitive pricing.

IPC is a leading fintech service provider serving the financial markets globally

with solutions for ultra-low latency electronic trading connectivity. In this

high-stakes business, customers require proven interruption-free latency

performance, down to the microsecond.

To meet an urgent customer demand in its New York metro network, IPC selected

Smartoptics open line system, transponders and muxponders to deliver lower

latency 100G Ethernet services. Extensive lab testing confirmed that the

Smartoptics solution was able to meet the customer's ultra-low latency

requirements.

"Smartoptics not only provided us with lower latency compared to other solutions

we assessed but also offered simplified management, shorter lead times, and more

competitive pricing," says Jeffrey Britell, Senior Vice President - Global

Network Services, IPC. "As a dependable vendor with a stable management team,

strong growth prospects, and impressive agility, Smartoptics stands as the best

-kept secret in optical networks for algorithmic trading. We anticipate

significant growth potential with Smartoptics and plan to expand our deployment

of their equipment. We look forward to continuing a close collaboration."

Following the successful deployment in New York, Smartoptics' solutions are also

being deployed in Asia where interoperability, usability, performance, and

simple installation are key success factors.

"Our products are carefully designed to be high-performance, flexible, and

reliable, all the while maintaining maximum simplicity and cost efficiency. This

has been proven for the world to see once again by IPC's rigorous testing and

successful deployment in a very high stakes use case. Even when there is zero

margin for error and tight deadlines to be met, Smartoptics delivers. IPC's

feedback and collaboration are valuable to us as we explore this new market

segment and continue to build on our initial success," says Magnus Grenfeldt,

CEO, Smartoptics.

For more information please contact:

Magnus Grenfeldt

CEO Smartoptics

+46 73-366 88 77

Email: magnus.grenfeldt@smartoptics.com

About Smartoptics

Smartoptics provides innovative optical networking solutions and devices for the

new era of open networking. Our customer base includes thousands of enterprises,

governments, cloud providers, Internet exchanges as well as cable and telecom

operators. We have an open networking approach in everything we do which allows

our customers to break unwanted vendor lock-in, remain flexible and minimize

costs. Our solutions are used in metro and regional network applications that

increasingly rely on data center services and specifications. Smartoptics is a

Scandinavian company founded in 2006. We partner with leading technology and

network solution providers such as Brocade, Cisco and Dell and have a global

reach through more than 100 business partners.

For additional information about Smartoptics, please visit

https://smartoptics.com/

About IPC

A specialist technology and service leader powering global financial markets for

over 50 years, IPC Systems is at the forefront of electronic trading

connectivity and state-of-the-art cloud communications, setting the standard for

exceptional service, innovation, and expertise.

IPC's customer-first approach is bolstered by an extensive and diverse financial

ecosystem that spans all asset classes and connects market participants anywhere

in the world for enhanced communication, collaboration, and compliance. Global

services include electronic trading, trading communications, and infrastructure

-as-a-service solutions.

IPC is ideally positioned to anticipate change and remain aligned with rapidly

transforming markets, and to empower customers to adapt to change, now and in

the future.

To learn more, visit www.ipc.com, (http://www.ipc.coma/) explore our

Insights (https://www.ipc.com/ipc-insights/) page and follow us on

LinkedIn. (https://www.linkedin.com/company/ipc-systems-inc-/)