Montreal-based broker-dealer Penson Financial Services Canada is deploying an IP virtual private network from Global Crossing to manage its voice and data communications across North America.
Global Crossing says its IP VPN Service provides the speed, security and flexibility required to support Penson's sensitive data and voice transmissions for clients.
The MPLS-based IP VPN provides multiple classes of service (CoS) with differentiated quality of service (QoS), enabling financial firms to simultaneously run multiple systems, including voice, video and data applications.
Mo Hirani, Penson's chief technology officer, comments: "The IP VPN's flexibility enables us to add new applications such as IP video to leverage our existing investment and further execute on our convergence strategy."