NOKIA : International financial group Crèdit Andorrà turns to Nokia to quickly connect data centers and branch offices glob...
December 13 2017 - 03:02AM
Press Release
13 December, 2017
International financial group Crèdit Andorrà turns to Nokia
to quickly connect data centers and branch offices globally
- Financial services company leverages SD-WAN technology from
Nokia's Nuage Networks to rapidly provision network connections at
new locations
- Move will deliver much greater flexibility to Crèdit Andorrà
Financial Group's business operations, enabling the fast ramp-up of
branches and temporary offices
- Project highlights Nokia's momentum serving customers in the
financial sector that are engaged in digital transformation
efforts
Espoo, Finland - Nokia has joined forces with Crèdit
Andorrà Financial Group to enable the global financial
services company to more quickly and easily connect its branch
locations and remote sites worldwide to its corporate data centers
and applications. With deployment of the software defined wide area
network (SD-WAN) technology from Nuage Networks, the Nokia
venture focused on software-defined networking (SDN)
solutions, Crèdit Andorrà Financial Group now has a single,
consistent platform to support business-critical applications for
its global banking operations.
The Nuage Networks SD-WAN solution, Virtualized Network Services
(VNS), allows Crèdit Andorrà Financial Group to dynamically
provision new business sites, applications and both private and
public cloud services and networks far more quickly than is
possible with less automated WAN processes and infrastructure,
enabling greater business agility for the bank. The Nuage Networks
platform provides policy-based automation of quality of service
(QoS) and security for each application and location as services
are ordered through a self-management portal. The next generation
Nuage Networks SD-WAN fabric will greatly accelerate service
delivery while reducing operating overhead and costs.
With this latest initiative, Crèdit Andorrà Financial Group will
enhance the speed and security of its existing financial service
offerings, and enable it to extend those services to additional
markets quickly and cost effectively. It will also enable the bank
to establish and enforce consistent security and access policies
across all of its locations, greatly simplifying regulatory
compliance and reducing the need for large on-site teams to support
each branch office or temporary project site, further reducing
costs.
This agreement highlights Nokia's and Nuage Networks growing
momentum in the delivery of business-critical networks for
customers outside of the traditional communications service
provider market. Large financial institutions around the world
represent an attractive opportunity as they embrace digital
transformation and seek to take advantage of the benefits SDN
technology can bring to their operations.
Alfred Alcon, CTO of Crèdit Andorrà, said: "We are very
pleased with our partnership with Nokia's Nuage Networks, as it
allowed us to quickly and securely extend the reach of our
financial services and key applications. Stability and security are
key concerns for financial institutions when evolving an IT
infrastructure. We are happy to report our Nuage Networks SD-WAN
implementation is delivering on the expected operational cost
reductions and accelerated service delivery across our WAN."
Manolo Ortiz, managing director of large enterprises at
Nokia's Nuage Networks, said: "We are proud to be partnered
with Crèdit Andorrà Financial Group, an astute banking operation
that recognized the benefits to be gained from SD-WAN and is now
capitalizing on the technology to quickly capture more
opportunities in the global market. The agreement underlines our
momentum in this business, and is further proof of the success that
SD-WAN technology can bring to different market segments."
Resources
- Nuage Networks Virtualized Network Services (VNS)
- Nuage Networks website
- Crèdit Andorrà website
About
Nuage Networks from NokiaNu-âhj: From French, meaning 'cloud'.
Nuage Networks from Nokia brings a combination of technologies and
networking expertise to the enterprise and telecommunications
industries. The Silicon Valley-based business has applied new
thinking to the problem of delivering massively scalable and highly
programmable SDN solutions within and across the data center and
out to the wide area network with the security and availability
required by business-critical environments. Nuage Networks, backed
by the rapidly growing IP/Optical Networks business of Nokia has
the pedigree to serve the needs of the world's biggest clouds. The
cloud has made promises - the mission of Nuage Networks is to help
you realize them.
For more information, visit Nuage Networks on:
www.nuagenetworks.net, read the latest posts on the Nuage Networks
blog http://www.nuagenetworks.net/blog/ and follow the company on
Twitter: https://twitter.com/nuagenetworks.
About NokiaWe create the technology to connect the world.
Powered by the research and innovation of Nokia Bell Labs, we serve
communications service providers, governments, large enterprises
and consumers, with the industry's most complete, end-to-end
portfolio of products, services and licensing.
From the enabling infrastructure for 5G and the Internet of
Things, to emerging applications in digital health, we are shaping
the future of technology to transform the human experience.
nokia.com
Media Inquiries:Nokia Communications Phone: +358 10
448 4900 Email: press.services@nokia.com
Sarah MillerNuage CommunicationsPhone: 613-720-9716Email:
sarah.miller@nokia.com
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