Financial Markets

Management of Real-time Communications for Financial Markets - Simply and Cost-effectively

For financial services organizations, real-time communications can improve operational efficiency and enhance business agility, which are essential for any organization doing business in an increasingly competitive market. Yet, deploying and operating hoots and intercom services or secure instant messaging and conferencing services can be complicated and expensive. Plus, protecting business continuity and ensuring that communications comply with government and industry regulations add even greater complexity. Until now.

WAVE® is a software application suite that manages secure, real-time group communications over the IP network, enabling interoperable communications between any connected devices, operating at any frequency.

Read the WSTA Ticker article on Reducing Trader Operating Costs with VoIP.


With WAVE, financial services organizations can benefit from interoperable, extendable, affordable, and survivable communications over any audio source - including hoot networks, two-way radios, phones, PCs and connected PDAs. WAVE enables you to create flexible systems on your existing data network using Voice over IP - saving significant recurring costs while improving reliability and audio quality. And, WAVE doesn't require specialized radios, equipment at each desktop, or expensive back office hoot gear.

WAVE was designed to meet the survivability and security requirements of modern financial services organizations. Failover and headless peer-to-peer operations help keep your users connected. In a crisis, WAVE's modest hardware requirements and flexible connections let the entire network migrate to a remote facility, and WAVE can perform emergency notification alerts, delivering simultaneous messages over phone and network connections.


  • Standards-based VoIP solution eliminates the need for costly leased circuits for analog- or TDM-based hoots
  • Business continuity enables employees access to their hoots from remote locations
  • Supports interoperability with almost any audio device, including any two-way radio system, phone, and PC-even from remote locations
  • Real-time compliance and management reporting let you see exactly how your system is working
  • Delivers VPN support, allowing users to access hoots from home or the road
  • Scales to an unlimited number of users
  • Delivers disaster recovery features, including automatic failover and remote connections
  • Enables IT integration enabled through Active Directory support
  • Automatic CallManager device imports minimize administrative overhead
  • Conferencing enables simple meet-me telephony conferences
  • Centralized management provides recording, instant replay, archiving, playback

WAVE Components at a Glance
  • The WAVE Management Server configures and administers a WAVE system
  • The WAVE Media Server is WAVE's media processing engine.
  • The WAVE Desktop Communicator® lets users access a Channel from a PC. It can run in a web browser.
  • The WAVE Dispatch Communicator® is used by radio dispatchers to manage multiple simultaneous conversations.
  • WAVE Channels represent logical groupings of devices. Channels are stable structures created when the system is initially configured.
  • WAVE Sessions tie other WAVE components together to perform a specific function. Sessions live on Media Servers and may be created on the fly.

WAVE is sold worldwide through partners.

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