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Cisco ties-up with NSE of India

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CIOL Bureau
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BANGALORE, INDIA: Cisco, the networking giant, would deploy its network architecture at the National Stock Exchange of India (NSE), the country’s largest stock exchange in terms of daily turnover and number of trades.

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Also Read: Cisco introduces IP-based dispatch

The comprehensive solution comprises Cisco’s routing, switching, security and core technologies.

Cisco would install 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.

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The system is designed to provide security, intelligent load balancing for business continuity, collaboration and integration across 3,000 NSE member locations. With IP migration, larger bandwidth and higher throughput is expected to be available for NSE members.

Ravi Apte, chief technology officer, NSE, said: “At NSE, the trust of our investor community is critical to our growth and success. 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, West for 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. ”

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