Hokuhoku Financial Group, Inc. Adopts Citrix XenDesktop for Next Generation Desktop and Application Infrastructure
September 01 2016 - 8:00AM
Business Wire
Hokuriku Bank and Hokkaido Bank Play Core Roles
in Group Plan to Integrate Operations Using Citrix XenDesktop as
Infrastructure
Citrix today announced that Japanese regional bank Hokuhoku
Financial Group, Inc. (Hokuhoku FG) will be deploying Citrix
XenDesktop for its next generation virtual desktop and application
infrastructure integration in the first half of 2017. Based on a
competitive review, Hokuhoku FG selected XenDesktop for its
superior performance, seamless user experience and enhanced
security, as well as for the company’s proven track record with
server-based computing (SBC) secure app delivery solutions.
Regional banks are facing an increasingly severe management
environment due to shrinking margins as a result of the Bank of
Japan’s negative interest rate policy. Hokuhoku FG formulated a
medium-term management plan for April 2016 to March 2019. One of
the concepts of the plan is “management efficiency,” and active IT
investment is essential to achieving it. While Japanese regional
banks tend to rely fully on an IT vendor, Hokuhoku FG itself worked
out the scheme of the next generation virtual desktop and
application infrastructure to meet its own needs, and after
investigating a number of potential solutions, selected Citrix. In
addition to a next generation virtual desktop and application
infrastructure, Hokuhoku FG will work with Citrix to identify
additional solutions to advance management and business
productivity. By doing so, Citrix will contribute to the creation
of a coordinated and functional organization that ensures Hokuhoku
FG can stand up to tough competition.
Hokuhoku FG was formed in 2004 by the merger of The Hokuriku
Bank Ltd. and The Hokkaido Bank, Ltd. and other banks under its
umbrella. Hokuriku Bank and Hokkaido Bank have been actively
working on increasing their business efficiency through
consolidation using IT, and are pioneers in adopting client
virtualization. The banks have been participating in the Japanese
standard Integrated Banking System (MEJAR) since 2011, and during
this time, Hokuriku Bank virtualized 2,000 desktops upon migration
to MEJAR. Around the same time, Hokkaido Bank adopted Citrix XenApp
and has been enabling over 3,100 devices and PCs access to virtual
applications.
In February 2016, Hokuhoku FG started the selection process for
the next integrated virtual desktop and application infrastructure,
and officially decided in July 2016 to adopt Citrix XenDesktop.
Hokuriku Bank together with its group company Hokugin Software set
the requirements for the new system, and will replace the current
system to Citrix XenDesktop and adapt SBC. Hokkaido Bank, a
long-term user of Citrix XenApp, will also upgrade its current
system with the latest version of XenDesktop. By integrating its
virtual desktop and application infrastructure, Hokuhoku FG will be
able to provide common screens to both banks, ensure expedited
information sharing with paperless operations, and boost clerical
efficiency. At the same time, the company is renewing its tablet
terminals to strengthen the sales force that is selling financial
products such as investment trusts and insurance.
The following are the main reasons both banks chose to adopt
XenDesktop:
- Excellent performance and user
experience, including high-quality video distribution and playback;
excellent performance and user experience even in narrowband
- Exceptional usability for tablets,
including support for electronic signatures
- Experience and track record of Citrix
with SBC secure app delivery solutions: Hokuhoku FG evaluated the
track record of Hokkaido Bank’s use of XenApp since 2010. FG chose
it after noting the benefit that a limited number of staff could
perform integrated management of all target terminals and that
hardware could be used more effectively, for instance, reducing the
number of physical servers.
- Management and operation efficiency and
excellent usability: Hokuhoku FG can use the features and
enhancements of the latest version of XenDesktop as well as solid
distribution and management tools.
- Enhanced security and compliance
Hokuriku Bank and Hokkaido Bank will integrate their respective
virtual desktop and application infrastructures into XenDesktop,
allowing employees to have secure access to the applications and
databases necessary for their respective jobs from terminals in the
banks as well as mobile devices used by outside liaison personnel.
In addition, Hokuhoku FG will deploy a Long-Term Service Release
(LTSR) for XenDesktop, allowing greater stability over a longer
period of time. The new virtual desktop and application
infrastructure is planned to be connected by 4,000 devices
(including 1,700 tablet PCs) for Hokuriku Bank and 4,000 devices
(including 800 tablet PCs) for Hokkaido Bank.
Related Links
- Citrix XenApp and XenDesktop
Follow Citrix
- Twitter: @Citrix
- Facebook: Citrix
About Citrix
Citrix (NASDAQ:CTXS) aims to power a world where
people, organizations and things are securely connected and
accessible to make the extraordinary possible. Its technology
makes the world’s apps and data secure and easy to access,
empowering people to work anywhere and at any time. Citrix provides
a complete and integrated portfolio of Workspace-as-a-Service,
application delivery, virtualization, mobility, network delivery
and file sharing solutions that enables IT to ensure critical
systems are securely available to users via the cloud or on-premise
and across any device or platform. With annual revenue in 2015 of
$3.28 billion, Citrix solutions are in use by more than 400,000
organizations and over 100 million users globally. Learn more at
www.citrix.com.
For Citrix Investors
This release contains forward-looking statements which are made
pursuant to the safe harbor provisions of Section 27A of the
Securities Act of 1933 and of Section 21E of the Securities
Exchange Act of 1934. The forward-looking statements in this
release do not constitute guarantees of future performance. Those
statements involve a number of factors that could cause actual
results to differ materially, including risks associated with the
impact of the global economy and uncertainty in the IT spending
environment, revenue growth and recognition of revenue, products
and services, their development and distribution, product demand
and pipeline, economic and competitive factors, the Company's key
strategic relationships, acquisition and related integration risks
as well as other risks detailed in the Company's filings with the
Securities and Exchange Commission. Citrix assumes no obligation to
update any forward-looking information contained in this press
release or with respect to the announcements described herein. The
development, release and timing of any features or functionality
described for our products remains at our sole discretion and is
subject to change without notice or consultation. The information
provided is for informational purposes only and is not a
commitment, promise or legal obligation to deliver any material,
code or functionality and should not be relied upon in making
purchasing decisions or incorporated into any contract.
© 2016 Citrix Systems, Inc. All rights reserved. Citrix, XenApp
and XenDesktop are trademarks of Citrix Systems, Inc. and/or one or
more of its subsidiaries, and may be registered in the U.S. Patent
and Trademark Office and in other countries. All other trademarks
and registered trademarks are property of their respective
owners.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160901005443/en/
CitrixFor media inquiriesStacy St. Louis,
408-790-8634Stacy.Stlouis@Citrix.comTwitter: @CitrixPR
Citrix Systems (NASDAQ:CTXS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Citrix Systems (NASDAQ:CTXS)
Historical Stock Chart
From Apr 2023 to Apr 2024