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FX Concepts Selects Juma Technology to Deliver Converged IP Communications
Sep 12, 2007 (08:09 AM EDT)
NEW YORK, Sept. 12 /PRNewswire-FirstCall/ -- Juma Technology Corp. , a leading IP Convergence and systems integration company, today announced that FX Concepts, a global investment management and research firm, has chosen Juma to design and deploy a multi-site converged IP network to support its growing foreign exchange and currency management business.
The integrated IP telephony and data network designed by Juma will enable FX Concepts to benefit from enhanced mobility, lower costs and dramatically improved efficiency. Advanced communication features will heighten the company's ability to manage foreign exchange exposures while providing service to hundreds of institutions worldwide.
"Having researched a number of options for the upgrade of our communications systems, we are convinced that Juma has come up with the best solutions to meet our needs on a worldwide basis. We look forward to working with Juma on the implementation phase of the project, and to an ongoing relationship with them going forward," said Hugh Tilney, Executive Vice- President and Chief Operating Officer for FX Concepts.
"As a global asset management firm, it is essential for FX Concepts to maintain a high client satisfaction standard in order to stay ahead in a very competitive market. By partnering with Juma to upgrade, integrate and enhance their communication networks, the company is making an investment in technologies that will streamline business operations and enable their investment professionals to provide superior service to clients worldwide. We certainly look forward to working with FX Concepts to bring this project to fruition," stated David Giangano, President and CEO of Juma.
About the Juma Architecture for FX Concepts
The core of the new architecture will provide a complete upgrade from an aging digital Nortel system to Avaya's Communication Manager. The migration from digital to IP telephony will provide FX Concepts with advanced features inherent to the Avaya system including Modular Messaging and Witness Call Recording. The solution will also integrate Extreme Networks Quality of Service (QoS) Power over Ethernet (PoE) data switches combined with Juniper Networks routers and firewall / Virtual Private Network (VPN) products for resiliency and security. This Best-of-Breed converged solution also provides for survivable remote locations utilizing Avaya Local Survivable Processors (LSP) for fail-over disaster recovery.
About Juma Technology Corp.
Juma ( www.jumatechnology.com ) provides advanced IP Convergence solutions that integrate voice, data and video applications. Juma's IP Convergence solutions enable companies to increase productivity, enhance mobility and create significant cost savings, particularly for multi-location businesses. Juma has been recognized as an industry leader in providing integrated business communications and services, helping customers leverage network convergence to achieve their individual business goals.
About FX Concepts
FX Concepts is a global investment management and research firm specializing in foreign exchange and interest rate risk management with extensive experience trading currencies and derivatives in both the developed and emerging markets. The company has over $13 billion under management in currency overlay and absolute return programs for institutional clients worldwide. Established in 1981, FX Concepts is headquartered in New York with offices in London, Singapore and Sydney, and representatives in Tokyo.
CONTACT: Melissa Nacerino, Juma Technology, +1-646-291-8264, firstname.lastname@example.org; or Hugh Tilney, FX Concepts, +1-212-554-6838,
Web site: http://www.jumatechnology.com/