Companies everywhere are starting to reap benefits from network virtualization as the underlying technologies advance, enabling ground-breaking Software Defined Networking (SDN) and Network Functions Virtualization (NFV) deployments worldwide. Two companies with great expertise in both network development and financial services, Lucera and Perseus, saw the promise in SDN and NFV and set out to take the technology to a new level. In collaboration with Intel, these companies built an infrastructure that spans the world, giving financial services firms an easy way to access high-performance connectivity and self-service network provisioning. With volatile markets and high-speed trading driving market competition, this landmark software-defined wide-area network (SD-WAN) is spurring interest across the financial services sector and proving that agility and rapid product rollouts go hand-in-hand with SDN and NFV.
Speed and Agility Become On-Demand Commodities
Traditional network infrastructures can take weeks or months to design, develop, and deploy, and equally lengthy periods to make changes, update equipment, or introduce new products. Lucera—with an on-demand Infrastructure-as-a-Service—and Perseus—with high-precision, high-speed connectivity to major liquidity centers—teamed up to deliver a service that provides rapid and automated provisioning of network resources to support financial services operations. Lucera CEO Jacob Loveless said about the collaboration, “The partnership that we have signed with Perseus gives us the ability to be in 53 data centers across 6 continents, extending our footprint from 3 to 53 data centers. We’ve basically created the largest software-defined network in financial services.”
A Fresh Look at Virtualized Networking
The key to the success of this endeavor stems from the agility and flexibility offered on an infrastructure built using SDN and NFV components. The advantages include:
• Centralized control over network resources and easy ramp-up and ramp-down capabilities
• Access to the latest hardware to capitalize on advances in processing and networking
• Vastly simplified provisioning, which helps financial services firms streamline strategizing, development, and deployment
• Freedom from excessive capital expenditures on hardware
• Real-time restructuring of the boundaries of a wide-area network
Throughout the engagement, Intel’s expertise in SDN and NFV, networking guidance, and development support helped keep the project on track and optimized for Intel® architecture platforms.
If this accomplishment sparks your interest, you can learn more about the approach used by Lucera and Perseus to develop this worldwide infrastructure. The white paper, “Co-Engineering a Complete Financial Services Infrastructure: Lucera, Perseus, and Intel”, tells the whole story.