20 March 2018
visit www.nextgenbanking.co.uk

UBS selects Juniper to build next-gen data centre network

12 May 2014  |  3046 views  |  0 Source: Juniper

Juniper Networks (NYSE: JNPR), the industry leader in network innovation, today announced that global financial services firm UBS has selected the company to build a next generation enterprise data center network infrastructure.

Many financial service institutions face unprecedented pressures ranging from changing economic conditions to increased regulations and rapidly evolving technologies -- all while needing to optimize their cost structure. According to Gartner, sixty-eight percent of banking and investment institutions will change their technology and sourcing approach in the next two to three years.* It's apparent that financial firms are seeking IT solutions that will balance their need for increased flexibility and application performance with cost discipline. These institutions must implement a new set of principles to align IT infrastructure with business strategy, requiring an IT architecture and network that can react with speed, agility and at scale to guarantee performance and deliver competitive advantage while driving cost takeout.

News Highlights
UBS plans to implement key components of Juniper Networks® MetaFabric™ architecture, an open standards-based architecture with proven routing, switching, security, management and orchestration solutions, to support the bank's current and future business goals.

Juniper will build a carrier-class, ultra-scalable, network architecture for UBS.
Juniper's networking architecture will serve as the building block to help virtualize multiple UBS data center environments.
Juniper's solution will deliver a resilient and secure global infrastructure.
Juniper software will deliver advanced orchestration via automation, management, and data analytics.

Supporting Quote
"Banks are re-engineering their business models in light of changing market and regulatory conditions, changing customer behavior, and emerging technologies. Managing this transformation in financial services requires an intelligent High-IQ network infrastructure that knows how to fluidly adapt to business demands. It also requires building private clouds that deliver applications with high performance and agility," said Shaygan Kheradpir, chief executive ocutive officer, Juniper Networks. "Juniper's technologies enable financial services institutions to realize the benefits of carrier-class, ultra-scalable cloud data center solutions that are virtualized, secure, and flexible enough to accommodate the performance demands of their clients anywhere, anytime."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
www.currencycloud.comVisit http://info.nice.comVisit www.facebook.com/business/

Top topics

Most viewed Most shared
Can banks be a threat to Big Tech?Can banks be a threat to Big Tech?
9941 views comments | 29 tweets | 39 linkedin
hands typing furiouslyBitcoin at 50,000 USD?
9882 views 0 | 5 tweets | 3 linkedin
Indian fintech sector needs regulatory support to flourishIndian fintech sector needs regulatory sup...
9245 views comments | 10 tweets | 8 linkedin
Barclays partners seven watch brands for contactless timepiecesBarclays partners seven watch brands for c...
8474 views comments | 14 tweets | 26 linkedin
Barclays propels Coinbase into Faster PaymentsBarclays propels Coinbase into Faster Paym...
7700 views comments | 15 tweets | 29 linkedin

Featured job

Basic c. EUR 90K OTE c. EUR 180K plus full bene...
Paris (preferred) or London

Find your next job