BancVue is one of the fastest growing companies in the financial space. Their charter is to help credit unions and small banks compete with mega banks by providing them innovative products and services.
“One of my goals as the VP of Systems Operations in the datacenter is to have a private cloud where we are fully in control of who touches the servers, what is being administered on the servers, and able to give those results to auditors upon request.”
VMware virtualization enables Bank Andara to provide reliable services to its clients while lowering costs and responding quickly to business demands.
We selected VMware after evaluating alternative virtualization offerings. We were impressed that the product had been in the market and actively developed for more than five years, and that it.
NYSE Technologies, the commercial technology division of NYSE Euronext leveraged VMware virtualization technology to create the new Capital Markets Community Platform to respond to changes within the global capital markets industry.
“Today’s markets are both electronically fragmented and highly volatile. The stage is set for new, collaborative technologies that will allow our clients to achieve the business results they seek—whether that means capitalizing on current conditions or developing whole new products or markets.”
Main objectives for Jadransko osiguranje were: Improve efficiency and reduce cost associated with a decentralized and complex IT environment; provide an optimized IT system capable of supporting the business; securely provide 3rd party access to virtual desktops. To address this, Jadransko osiguranje decided to pursue a virtualization strategy and opted for a solution from market leaders VMware and Cisco. Business Impact were: Reduced capital expenditure by 20 percent; Increased IT resource efficiency by reducing maintenance burden; Maximized application and data security and enabled IT to focus on innovatively serving the business
“Server virtualization simplified the management of the entire IT infrastructure, cut equipment purchase costs by 20 percent, and cut energy consumption by as much as 70 percent.”
Financial Services Provider Target a Secure, PCI DSS-Compliant, Virtualized Environment for Online Services
“Our goal was to come up with a scalable foundation that was compliant with the standards required in the insurance and finance industries... The answer was a VMware cluster of servers hosted by a local datacenter service provider and protected with Trend Micro security.”
Hungarian National Bank (Magyar Nemzeti Bank)
Az MNB szervervirtualizációs projektje a VMware ESX Server 3.5-ös verziójával indult, de a platform legújabb, 4.0-s verzióra történő frissítése a HP-val kötött support szerződésnek is része. A virtualizált szerverek felügyeletére a jegybank a VMware vCenter megoldását vezette be. Az MNB a hardvererőforrások átlagosan 70 százalékos kihasználását tűzte ki célul, ami a projekt eredményeként a gyakorlatban megvalósult. A jegybank a VMware virtualizációs megoldásával ötödére csökkentette a szervergépek számát, amivel arányosan csökkent a kiszolgálók hely- és a hűtésigénye is. A magasabb rendelkezésreállású hardverkiszolgálók és az egységesen felügyelhető virtuális szerverek az üzemeltetés és karbantartás hatékonyságát is hasonló mértékben növelték, így az ezzel összefüggő költségek is csökkentek. Ezzel az MNB a VMware alapú virtualizációs projekt valamennyi sikerkritériumát eredménnyel teljesítette.
“Due to the extra importance of the national bank’s role, a virtualisation solution already well-proven in the market and providing high standards of support and having adequate references in Hungary could be considered only. VMware’s virtualisation technology met these strict requirements.”
VMware vSphere enabled BTPN to rapidly provision new virtual machines to meet demand. Consolidating branch IT infrastructure to a virtualized datacenter platform enables the organization to centralize management. Implementing virtualization also establishes a sound foundation for BTPN’s adoption of a private cloud.
“We were confident enough in the ability of the virtualized infrastructure to run applications that are very important to the business. Implementing VMware has also provided us with a robust foundation to move to a private cloud and adopt more efficient ways of delivering IT services to the business.”
Anonymous Financial Institution UK
The financial services industry is a fast-moving and highly competitive market where things can change in an instant and gaining ‘first-mover’ advantage can often be crucial. Being aware of sudden movements in the market, and having the ability to react accordingly are therefore two of the biggest challenges facing financial sector organisations today. For this major multi-national financial services organisation dealing with corporate, private and retail investments and holding many thousands of portfolios, ensuring it has both access to real-time data and a scalable, flexible and reliable IT infrastructure are paramount.
“VMware vFabric GemFire has dramatically improved the speed with which we can react to changing market conditions. We can now manage risk in real-time, and run calculations 60 times faster than ever before - all of which has made a major impact on our business.”
Bank OCBC NISP
VMware virtualization enabled Bank OCBC NISP to increase productivity and customer satisfaction by significantly improving the reliability of core banking system updates. It also helped the institution consolidate its physical server fleet and maintain application availability and performance while reducing costs.
“We are no longer affected by network or electricity issues and our entire branch network opens every day without interruption.”
Raymond James Extends Virtualization to Microsoft Exchange Environment
“Microsoft Exchange is seen as a ‘canary in the coal mine’ when it comes to virtualization—one of the harder use cases. We’ve proven that peoples’ hesitation is unfounded. Exchange can be virtualized, it works, and it works well.”
QIC Fails Systems Over Seamlessly and Continues Managing Client Portfolios During Brisbane Floods
“Ensuring our systems can be recovered within the timeframes set out in our disaster recovery and business continuity plans—and organising testing of those plans—is now much simpler and less time-consuming. I don’t have to organise a full weekend to test our systems—we can just do it when we need to.”
Peoples Bancorp Inc.
Peoples Bancorp Virtualizes Business-Critical Systems to Improve Application Availability, Reduce IT Costs and Streamline Backup
“Virtualizing mission-critical applications has enabled our IT organization to become more responsive to all of our lines of business. Even more important, it has improved the uptime of applications that impact our customers.”
Like many companies that choose VMware virtualization technology, Raymond James Financial began with a server consolidation project that achieved impressive results. When the company decided to upgrade from Microsoft Exchange 2003 to 2010, it again turned to VMware, this time to support the business-critical project of upgrading the company's 18,000 Exchange mailboxes. Raymond James also kept VMware vCenter Site Recovery Manager (SRM) as its disaster recovery and replication technology within its new Exchange blueprint.
From VMworld NYSE Euronext on hybrid cloud vision and strategy behind the capital markets community platform vertical cloud
NYSE Technologies, the commercial technology division of NYSE Euronext, has launched a cloud services offering for the financial services industry, their Capital Markets Community Platform. Their industry-first community cloud platform is able to extend to clients of any size the opportunity to maximize their computing resources, while maintaining record low-latency transmissions and global market access with industry-standard security and platform reliability.
Wall Street Systems
Wall Street Systems Boosts SaaS Success with Help from Savvis and VMware
“With the cloud model, I have infrastructure-on-demand. For me, that’s enabled Wall Street Systems to scale our business in a way that we would not normally have been able to do in the past.”
VMware vSphere provides a dynamic, manageable and cost-effective infrastructure to run critical applications. VMware ThinApp isolates legacy applications, minimizing disruption from patching and management activities.
"Using VMware has allowed us to keep running applications based on legacy environments such as Visual Basic and Internet Explorer 6 while providing the security, resilience and performance required for critical business applications.”
SVC is using VMware vSphere™ to run virtualization across two clusters. The first cluster of three servers supports about 20 virtual machines running head office applications. The second six-server cluster supports 15 virtual machines running the core banking application, which is accessed by about 1,000 staff.
“VMware has enabled us to move our entire core banking application onto a virtualized platform, improving the speed and management of our resources. It has also allowed us to create a cloud environment so that we can provide our core banking application to other banks as a managed service.”
Siam City Bank
VMware virtualization provides a dynamic, scalable and reliable infrastructure with enhanced disaster recovery to deliver mission-critical applications.
“Our priorities in deploying VMware were to improve ease of management, speed up development, support business growth, minimize our investment requirements and enhance business continuity. VMware met all of our requirements and we were particularly impressed with the ability of VMware vCenter Site Recovery Manager to automate our disaster recovery processes.”
Mashreq has one of the region’s largest investments in virtualization, with the strategy that the overwhelming majority of its servers will be virtualized.
“Our return-on-investment calculations gave us a compelling reason to deploy VMware and reduce the proliferation of hardware in our data center while securing all of the performance and cost-saving benefits of virtualization, including maximizing system availability for Mashreq’s customers. We believe that VMware is the de facto standard for virtualization – VMware delivered and we’re very pleased with the results.”