IPC’s C-suite shuffle signals bigger changes for trader voice tech
Waters Wrap: After a series of personnel changes at the legacy provider, WatersTechnology examines what these moves might mean for the future of turrets and trader voice.
At the start of this year, private equity firm Strategic Value Partners acquired the final 40% of IPC, taking full ownership of the network services and trading communication company. SVP has owned 60% of the company since 2021.
It would stand to reason that SVP was pleased with IPC’s results if it decided to take full control. Private equity firms have a history of investing in technology companies, but what makes the IPC-SVP deal interesting is the flurry of executive moves that followed and
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