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National Stock Exchange of India Deploys Technology From Cisco

National Stock Exchange of India (NSE) has deployed network architecture solution from Cisco. The solution comprises Cisco’s routing, switching, security and core technologies designed to help ensure high network availability, boost network security and expand NSE’s reach in India.

As part of this deployment, Cisco will provide design and installation of a three-tier network architecture with Cisco 7600 series routers, Cisco integrated services routers and Cisco Catalyst 6500 series switches with Cisco firewall and intrusion prevention system modules.

The system is designed to provide enhanced security, intelligent load balancing for business continuity, better collaboration and integration across 3,000 NSE member locations.

Moreover, with IP migration, larger bandwidth and higher throughput is expected to be available for NSE members, allowing them to consolidate their technology infrastructure, thereby reducing IT costs and at the same time, reducing the transaction cost for the end investor.

Ravi Apte, chief technology officer at NSE, said: “Our decision to shift to Cisco’s trusted intelligent network platform was primarily driven by the need for a highly secure, resilient and collaborative network infrastructure. With this relationship, we will be able to efficiently support the needs of our investors and accelerate our business growth.”

Anil Bhasin, senior vice president of West at Cisco India, said: “In this project, NSE needed extremely high benchmarks on resiliency, availability and latency to build the next-generation trading platform. We adopted an architectural approach to design a platform that would address key business imperatives and technology challenges outlined by NSE. Working jointly with NSE, we created a unique ‘build, own, operate’ model that will help NSE focus on its core competencies and be able to embrace the best practices provided by Cisco.”