Juniper Networks, a provider of network solutions, today announced that Tokyo Stock Exchange (TSE) has chosen the Juniper Networks MX480 3D Universal Edge Router for an extensive upgrade of 'arrownet v2', the network platform responsible for its proprietary trading system dubbed arrowhead.
Previously, arrownet users required separate network connections based on factors such as the environment (production or test) and distribution method (unicast or multicast) resulting in higher networking costs.
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As one of the world's top stock exchanges and the largest in Asia, TSE needs to cater to rapidly changing customer needs. The exchange required an upgraded network infrastructure with the ability to integrate across all financial trading in Japan, which Juniper is able to provide.
Speed and Reliability
In addition to having connectivity to the Tokyo Financial Exchange (TFX), the Japan Securities Depository Center (JASDEC) and the Tokyo Commodity Exchange (TOCOM), TSE placed priority on increasing network speed, reliability and scalability, while also embedding security throughout the network, a requirement for powering Japan's advanced economic infrastructure.
Ryusuke Yokoyama, Executive Officer, IT development, IT Services, Tokyo Stock Exchange, commented: "We are delighted to have been able to rely on the consistent technology and services from Juniper Networks through the years, having had zero major incidents since 'arrownet' was first established in 2009. Alongside Juniper, we look forward towards continued support of the Japanese economy, as we build up the networking infrastructure to support those goals."
Costs Savings
With the MX480, TSE can now Leverage Multiprotocol Label Switching (MPLS) to deliver multiple services over the same network, which increases network efficiency, reduces latency and provides significant cost savings.
The MX480 also delivers significant scale and performance improvements, including a 50 percent increase in TSE access points and 10Gbps network service delivery to its users.
"We are excited to continue our long-term track record of providing networking infrastructure excellence alongside Tokyo Stock Exchange as we help upgrade and future-proof "arrownet v2". Tokyo Stock Exchange is a vital player in the world's financial services industry and economy," added Tomohiro Furuya, country manager of Japan, Juniper Networks.
