China Jianyin Investment Securities Selects Radware APSolute Intelligent Application Delivery Solution to Build Next Generation Trading Network for the New Finance Era
Radware (NASDAQ:RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today announced that China Jianyin Investment Securities Company Limited (CJIS) has deployed Radware’s complete intelligent application delivery solution for business-smart networking, as part of a revamp of the company’s e-business system. The deployment is a full-scale expansion of CJIS’ e-business system, which has effectively improved server utilization and enabled fully secure online transactions. In addition, Radware’s APSolute’s scalability will ensure seamless upgrades for future systems, and build a solid foundation for future business development, eliminating extra costs.
With 74 branches and 24 service offices across China, CJIS has seen a dramatic increase in client base with a corresponding explosion in online trading transactions. Its incumbent e-business system has been buckling under strain and as such CJIS realized the need to upgrade. Immediate concern focused on network scalability and online security.
“Radware’s solution has successfully enhanced the acceleration of our company’s transaction system,” said Song Xinsheng, Assistant General Manager of Information Technology Department, CJIS. “Radware’s AppDirector has helped achieve optimum server utilization and improved the performance of our network applications. The built-in bandwidth management functions of AppDirector ensure service quality of our key businesses. In today’s fast growing securities market, Radware solution has brought outstanding availability, security and scalability to our network, providing important support for the rapid growth of our future business, without the extra cost.”
CJIS has installed 16 Radware AppDirectors switches with multiple 100M network circuits from different ISPs at its headquarters and key sites to support VIP (virtual IP address) access, online transactions, market data links and VIP application backup. This was done to enhance network throughput and capacity to handle surges in market data and transactions, as well as to provide redundancy between sites, and ensure high network speed and secure operations. AppDirector supports multiple ISP connections and provides proximity and load measurement for best site selection and optimal user experience. Thus, the network revamp has effectively enhanced the utilization of server resources, eliminates network congestion, server bottlenecks and reduces the duration of network failure.
“Our solution supports IT infrastructure optimization, fault tolerance and redundancy, providing world-class platform for system application in terms of scalability and security. More importantly, they meet CJIS’ stringent business and technical requirements,” said Zhu Wei, General Manager, South China, Radware. “Our APSolute solutions have been widely adopted by finance industry. We are proud to have enabled CJIS to achieve greater application performance and enhance its competitiveness.”
Radware (NASDAQ:RDWR), the global leader in integrated application delivery solutions, assures the full availability, maximum performance, and complete security of business-critical applications for more than 5,000 enterprises and carriers worldwide. With APSolute™, Radware's comprehensive and award-winning suite of intelligent front-end, access, and security products, companies in every industry can drive business productivity, improve profitability, and reduce IT operating and infrastructure costs by making their networks "business smart." For more information, please visit www.radware.com.
About China Jianyin Investment Securities Co., Ltd
Established on 29th Sep, 2005, and registered in Shenzhen with a capital of RMB 1.5 billion, China Jianyin Investment Securities Co., Ltd (CJIS) is a brand-new new securities company formed out of the relevant securities assets of the former China Southern Securities Co., Ltd acquired through public auction. CJIS boasts excellent assets quality and financial strength, strong client resources and business foundations, solid shareholder profile, and an outstanding team. As a national accredited investment institution, China Jianyin Investment Company Limited, the sole shareholder of the company, enjoys solid strength as well as an outstanding reputation.
This press release may contain forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the Application Switching or Network Security industry, changes in demand for Application Switching or Network Security products, the timing and amount or cancellation of orders and other risks detailed from time to time in Radware's filings with the Securities and Exchange Commission, including Radware's Form 20-F.