Intercontinentalexchange Selects Juniper Networks For Next Generation Derivatives Trading Platform
Junos Software-Based Infrastructure Delivers Ultra-Low Latency and Dramatic Performance Improvements
SUNNYVALE, Calif., Juniper Networks, Inc. (NYSE: JNPR) announced that IntercontinentalExchange, Inc. (NYSE: ICE) has selected its MX 3D Universal Edge Routers and EX Series Ethernet Switches powered by Junos® Software for its next generation network infrastructure. Optimized for reliability, scalability and ultra-low latency, the new high-performance infrastructure leverages the power of Junos to support millions of daily financial transactions from ICE’s extensive customer base, which spans more than 50 countries.
“The majority of our business activity consists of trading functions which require a flexible and highly available network that can enhance operational efficiencies without sacrificing performance,” said Mark Wassersug, vice president of operations at ICE. “With Juniper’s routers, switches and world-class Junos Software, we can reduce latency in our network, which supports our ability to grow volumes and deliver high levels of customer satisfaction. As a result of the implementation of these and other leading-edge infrastructure components, ICE’s technology is recognized for its performance in the global derivatives markets.”
Increasing Network Reliability and Reducing Complexity with Junos Software
ICE has deployed Juniper’s MX 3D Universal Edge Routers which provide the most advanced routing capabilities, including MPLS network virtualization, full Level 2 and Level 3 VPN support, low-latency multicast and IPv6. ICE also deployed Juniper’s EX8200 Ethernet Switches, providing a flexible and modular platform that incorporates a built-in migration path for future 100 gigabit Ethernet (GbE) deployments without requiring any upgrades to the switch fabric.
Laying the foundation for this infrastructure is Junos, a single-source operating system that integrates routing, switching, security and network services. This powerful combination allows network administrators to unlock more value from the network to quickly and cost-effectively keep up with changing business demands while minimizing the complexity and risk associated with implementing network features and upgrades.
“As a leading global exchange operator, IntercontinentalExchange required a network that could meet their intensive bandwidth demands while driving down latency to facilitate its business operations,” said Mike Banic, vice president, enterprise marketing, Juniper Networks. “The deployment of our comprehensive and agile solutions enabled ICE to meet and exceed these critical requirements while driving down operating costs and delivering the flexibility to scale its infrastructure.”
Juniper’s innovations in financial services solutions deliver a responsive and trusted environment for handling high-volume transactions and interactions based on a lower total cost structure. According to a report from Forrester Research, organizations that deploy Juniper switches and routers powered by Junos can achieve a 40% reduction in operating costs for certain network tasks, including planning, provisioning and deployment as well as both planned and unplanned network events. To view the complete report, please visit www.juniper.net/us/en/reports/junos_tei.pdf [PDF Document 192 KB].
IntercontinentalExchange® (NYSE: ICE) operates leading regulated exchanges, trading platforms and clearing houses serving the global markets for agricultural, credit, currency, emissions, energy and equity index markets. ICE Futures Europe® hosts trade in half of the world’s crude and refined oil futures. ICE Futures U.S.® and ICE Futures Canada® list agricultural, currency and Russell Index markets. ICE® offers trade execution and processing for the credit derivatives markets through Creditex® and ICE LinkTM, respectively, and CDS clearing through ICE TrustTM. A component of the Russell 1000® and S&P 500 indexes, ICE serves customers in more than 50 countries and is headquartered in Atlanta, with offices in New York, London, Chicago, Winnipeg, Calgary, Houston and Singapore. www.theice.com
About Juniper Networks
From devices to data centers, from consumers to the cloud, Juniper Networks delivers innovative software, silicon and systems that transform the experience and economics of networking. The company serves more than 30,000 customers and partners worldwide, and generated more than $3 billion in revenue over the last year. Additional information can be found at www.juniper.net.
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