ICE selects Juniper Networks for next-gen derivatives platform
03 February 2010 | 1608 views | 0
Source: Juniper Networks
Juniper Networks, Inc. (NYSE: JNPR) today announced that IntercontinentalExchange, Inc. (NYSE: ICE) has selected its MX 3D Universal Edge Routers and EX Series Ethernet Switches powered by Junos® Software for its next generation network infrastructure. Optimized for reliability, scalability and ultra-low latency, the new high-performance infrastructure leverages the power of Junos to support millions of daily financial transactions from ICE's extensive customer base, which spans more than 50 countries.
"The majority of our business activity consists of trading functions which require a flexible and highly available network that can enhance operational efficiencies without sacrificing performance," said Mark Wassersug, vice president of operations at ICE. "With Juniper's routers, switches and world-class Junos Software, we can reduce latency in our network, which supports our ability to grow volumes and deliver high levels of customer satisfaction. As a result of the implementation of these and other leading-edge infrastructure components, ICE's technology is recognized for its performance in the global derivatives markets."
Increasing Network Reliability and Reducing Complexity with Junos Software
ICE has deployed Juniper's MX 3D Universal Edge Routers which provide the most advanced routing capabilities, including MPLS network virtualization, full Level 2 and Level 3 VPN support, low-latency multicast and IPv6. ICE also deployed Juniper's EX8200 Ethernet Switches, providing a flexible and modular platform that incorporates a built-in migration path for future 100 gigabit Ethernet (GbE) deployments without requiring any upgrades to the switch fabric.
Laying the foundation for this infrastructure is Junos, a single-source operating system that integrates routing, switching, security and network services. This powerful combination allows network administrators to unlock more value from the network to quickly and cost-effectively keep up with changing business demands while minimizing the complexity and risk associated with implementing network features and upgrades.
"As a leading global exchange operator, IntercontinentalExchange required a network that could meet their intensive bandwidth demands while driving down latency to facilitate its business operations," said Mike Banic, vice president, enterprise marketing, Juniper Networks. "The deployment of our comprehensive and agile solutions enabled ICE to meet and exceed these critical requirements while driving down operating costs and delivering the flexibility to scale its infrastructure."
Juniper's innovations in financial services solutions deliver a responsive and trusted environment for handling high-volume transactions and interactions based on a lower total cost structure. According to a report from Forrester Research, organizations that deploy Juniper switches and routers powered by Junos can achieve a 40% reduction in operating costs for certain network tasks, including planning, provisioning and deployment as well as both planned and unplanned network events.