Dulles, VA, July 28, 2008 —Wesley Clover Solutions today announced it has been selected by Mitel as its exclusive US channel for the Mitel 5560 IPT multi-line trading turret designed for advanced voice communications solutions to the financial trading community. Wesley Clover Solutions will combine both companies’ product portfolios and market either directly or in conjunction with Mitel’s direct sales and support offices in more than 100 US cities. Capitalizing on this dual approach to market, Wesley Clover Solutions increases the availability of their trading solutions to every financial center and financial trading enterprise throughout the USA.
Mitel is a leading provider of voice, video, and collaborative communications solutions and services for businesses of all sizes. Mitel operates in over 90 countries, offering easy access to sales and service via their worldwide network of offices which support over 1,500 value added resellers and partners. Wesley Clover Solutions provides voice trading systems, voice recording and custom network design and services.
“There are thousands of financial trading firms that can now take advantage of our next-gen solutions,” stated Chris Corridon, vice president of marketing for Wesley Clover Solutions. “Local presence and support is a requirement for financial traders and through this partnership they can be assured of this anywhere in the US.”
Wesley Clover Solutions has launched a suite of voice trading specific applications that are completely integrated with the Mitel 3300 IP Communications Platform (ICP), offering financial trading firms unprecedented feature/functionality and economies of scale in their communications infrastructure. With over 1,000 trading endpoints installed in more than 30 cities and 16 countries, Wesley Clover Solutions customers can migrate to an advanced, highly reliable and more cost-effective approach to trading platforms.
“I believe the combination of Mitel’s product portfolio and nationwide presence along with the expertise and experience of Wesley Clover Solutions gives the financial trading sector a real alternative to the legacy turret supplier model,” said Rick Dell, Mitel’s president of U.S. Sales.
To complement the Mitel 3300 ICP equipped with Mitel 5560 IPT Trading Appliances, Wesley Clover Solutions has introduced the Voice Trading Application Platform (VTAP) which includes full support of speaker and ‘hoot-n-holler’ applications. The VTAP allows traders instant ‘always on’ communication with brokers, customers and colleagues via an eight-channel speaker module and/or PC-based soft client application.
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.”.com
Wesley Clover Solutions was formed to meet the growing demand from financial trading firms for expertise in managing the transition from legacy to next-generation voice trading solutions. We help customers realize the potential of new technologies while reducing risks, complexity and costs. Wesley Clover Solutions has deep domain expertise in financial trading technology and experience installing and supporting mission critical real-time trading infrastructure. Wesley Clover Solutions also draws on resources of parent company, technology investment firm Wesley Clover, and industry-leading partners to deliver reliable, flexible and cost effective solutions to our customers.