Radware speeds-up the delivery of IRESS’ financial management applications across the network; increasing end-user productivity whilst lowering infrastructure costs
Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, announced today its OnDemand Switch™ platform has been deployed by IRESS Market Technology, a principal supplier of share market and wealth management systems based in Australia. IRESS implemented Radware’s scalable, cost-effective switch to enhance business continuity at its data centers, simplify network topology and provide customers the assurance of always-available financial industry information.
IRESS provides comprehensive financial industry data and functionality to a broad, and growing, range of financial market professionals across Australia, New Zealand, Canada and South Africa. Handling time critical financial information, IRESS required an application delivery solution that would ensure a highly-redundant data centre infrastructure across multiple sites and greater investment protection, as new customers were sourced and new financial management applications were offered. This was crucial as IRESS’ previously implemented solution, while functional was both expensive to maintain and limited to deliver future business requirements.
To meet its immediate needs, IRESS deployed Radware’s OnDemand Switch, a new hardware platform for Application Delivery Controllers (ADC) that delivers breakthrough performance and superior scalability through an easy-to-upgrade license approach, for additional throughput and services.
Immediate benefits obtained through the deployment by IRESS of Radware’s OnDemand Switch include:
Business benefits:
- Assured business continuity through transparent and immediate redirection of customers between data centers
- Guaranteed on demand scalability and decreased costs to facilitate the delivery of future business requirements;
- Clear improvement of ROI, based on costs associated with project lifecycle, upgrade costs, annual software licenses, maintenance, energy, cooling and rack space;
- Decrease in overall management overhead;
- Significant increase in performance, visibility and reporting.
Technical benefits:
- Substantially better performance in layer 4-7 switching, transactions per second capacity and more;
- Constant availability and optimized performance of its premier share market information system through SSL offloading and application acceleration;
- Substantial simplification of the application front-end topology delivering local and global application switching;
- Added new layers of fault tolerance, creating a transparent and immediate re-direction of mission-critical applications between its two Australian data centers;
- Future proof architecture with On Demand scalability – no need for costly redesigns of architecture, hardware fork-lift upgrades.
“We considered a number of solutions, and after a rigorous evaluation process, we chose Radware for its strong technical benefits, including the URL re-write function, redirection functionality, global load balancing and SSL off-load features,” said Dale Monger, Global Head of Networks, IRESS. “From a business perspective, we are confident in the ability of Radware’s solution to generate a healthy return on investment, as we anticipate a reduced total cost of ownership associated with lower annual software licenses, maintenance fees and rack space.”
During the initial deployment, IRESS replicated its primary data center site to its secondary site; enabling Radware’s global redirection functionality to provide the active-active utilization of both data centers. As a result of this implementation, IRESS replicated a similar Radware deployment strategy in its Canadian data center.
“Our goal is to help fulfill our customer’s next generation datacenter requirements by speeding up the delivery of applications across the network, adding redundancy and delivering on scalability,” said Mick Stephens, General Manager, Radware Australia and New Zealand. “We believe our OnDemand Switch has been an optimal solution to support IRESS’ growing financial IT infrastructure needs – and will continue to optimize mission-critical applications to best support IRESS’ rapidly expanding business.”
About IRESS Market Technology Limited
IRESS Market Technology Limited designs, develops, markets and supports Australia's premier share market information system, IRESS, now used by a majority of professional investors across Australia, New Zealand, Canada and South Africa. IRESS, together with its trading modules, has become an industry standard with a reputation for reliable leading-edge software, sophisticated infrastructure and specialised support provided by a team of seasoned professionals with experience in equity and derivative markets.
About Radware
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.
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.