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BSE merges separate networks using Nortel solution
By siliconindia
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Thursday, 19 December 2002, 20:30 IST
BANGALORE: The Bombay Stock Exchange, IndiaÂ’s largest financial exchange, has upgraded its trading network by merging three previously separate networks into one core backbone based on an Ethernet switch solution from Nortel Networks.
By combining its networks into one, the Bombay Stock Exchange is now positioned to provide faster, reliable and secure services to brokers over a more efficient, manageable and cost-effective network.
With the growth in trading activity in the Bombay Stock Exchange, Nortel Networks sophisticated products have helped us significantly grow the scale, scope and quality of our services, said S. B. Patankar, director, Information Services, Bombay Stock Exchange.
Nortel Networks helped the Bombay Stock Exchange merge its local area network (LAN), wide area network (WAN) and Very Small Aperture Terminal (VSAT) into one core backbone based on Nortel Networks Passport* 8600 Ethernet Switch.
This new merged network connects approximately 3,000 WAN routers to make multiple applications readily available to more than 10,000 trader workstations in one of the most demanding on-line trading environments in the world.