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Financial Services: Challenges and Solutions

Financial Services firms are under increasing pressure to grow revenue and market share amidst intense competition, regulatory requirements, a rise in corporate governance standards and investor expectations with a continued need for enterprise risk management. At the same time customers are struggling to lower the total cost of ownership of resources, increase operating efficiency — and be faster, more agile and adaptive to changing business demands.

Often, these firms will strategically position service centers or branches in remote or rural areas to better service customers. This remote and distributed service architecture requires a reliable and scalable IP network; thus the basis of these networks; DNS, DHCP and IP Address Management (IPAM) is of paramount importance. Financial services firms are focused on driving service through technology by offering remote branch services, mobile applications, advanced-function automated teller machines, wireless networking and internet driven transaction management. The traditional approach of using outdated and vulnerable servers running BIND and DHCP doesn’t cut it anymore. Financial services live and die by the resiliency of their IP networks thus a new approach to securing the networks availability and scale is required.

The financial services industry spends over $400 billion on IT spending worldwide (Gartner Dataquest — July 2005). The most-successful financial services firms are focused on demonstrating customer responsiveness, flexibility and overall management of the customer experience. Having an effective network strategy in place helps financial services organizations to continue to be customer-focused, increase profitability, reduce total cost of ownership.

Industry Challenges

  • Focus on finding new ways to service customers using web-based banking and trading.
  • Deployment and management of new wireless technologies to service customers in the field and overcome structural limitations of wire line networks.
  • Adoption of new technologies to reduce costs and improve customer touch (E.g. VoIP and deployment of Wireless computing platforms).
  • Quality of Service and Service Availability (SLA’s) are a top priority for financial institutions — Organizations can not afford to have a network outage.
  • Industry deregulation is enabling new competitors to enter the market
  • Provide seamless access to product portfolios for alternative distribution channels
  • Deploy secure networking technology to ensure privacy protection, compliance with corporate and government governance standards.

The BlueCat Advantage

Move your IP network to a highly-scalable, reliable and resilient network architecture with BlueCat Networks award winning line of Adonis DNS/DHCP and Proteus IPAM appliances. BlueCat’s purpose-built appliance solutions are designed to provide maximum scalability and reliability without compromise to ease-of-use or security.

BlueCat’s IP infrastructure appliances are a logical extension of your network. BlueCat Networks solutions are designed to help financial services organizations improve customer responsiveness, decreases costs and improve competitive advantage. In fact, BlueCat Solutions typically offer a payback period of less than 3 ½ months with a return on investment of over 380%.

Increase Revenue

Built with security in mind, all Adonis and Proteus appliances are based on firewall-grade operating systems, have built in high availability and protection against pharming, DoS and other zero-day exploits. This means your company’s network risk is substantially lowered and your organization can focus on driving new ways to deliver products to market and better service customers, not manage the network.

Decrease Costs

All BlueCat Networks solutions are designed to reduce the time required to manage complex network topologies. Whether your network is IPv4 or IPv6, wired or wireless, BlueCat solutions provide intuitive command and control for your IP networks. With smart features like configuration and deployment wizards, built in error checking and one-to-many deployment, BlueCat appliances will dramatically lower your total cost of ownership. In the first year of ownership, the Adonis™’s total cost is less than half of the total cost of competing solutions.

Gain Competitive Advantage

With BlueCat Adonis and Proteus solutions, your organization can easily scale to manage millions of IP addresses with hundreds of concurrent administrators. This means that regardless of your organizations size, BlueCat has a solution that will help you speed time to market and guarantee the availability of your mission critical applications. Spend less time tracking the allocation of scarce IP addresses, managing DNS and DHCP; spend more time servicing your customers.

Adonis DNS DHCP Appliance - Biogen IDEC reference
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