How SD-WAN is Ending the “Tyranny of the Boxes” for Financial Services

When I meet with executives in the financial services industry to talk about leveraging technology to help transform their businesses, there’s one request I get no matter what size their organization.

“Help me get rid of all these boxes in my telco closet!”

We live in a networking world where nearly every function has its own box – routers, switches and power supplies – all connected by a jumble of cables and cords. These hardware-based networking components are expensive, labor intensive, inflexible, and not well-suited for meeting the evolving banking demands of a digitally savvy and mobile customer base.

Software-defined networking (SDN) offers the ability to end the “tyranny of the boxes,” allowing those critical networking functions to be performed virtually.  SDN enables financial services organizations to move to modern networking environments built for today’s digital, internet-dependent economy, delivering simplicity, ease-of-use and lower total cost of ownership.  It frees IT staff and resources from labor-intensive hardware support and allows them to be redirected to functions that more directly support the organizations’ core business.

SD-WAN:  Empowering Banks for Innovation

Software defined wide area networking (SD-WAN) delivers the bandwidth capacity, network agility and security that financial institutions need through centralized software-driven controls.   It reduces labor-intensive and time-consuming on-site hardware installations and maintenance (lose the boxes) giving network administrators the ability to manage multiple sites – through software automation – from one central location.

It provides the ability to view and manage your entire distributed network, down to the port and device level, through one consolidated screen on a desktop or handheld device, allowing you to better manage applications and traffic and quickly take needed corrective actions.

SD-WAN also helps you speed time to market for new products and services.  New branches and added network capacity can be brought online within hours, rather than weeks or months often required for more traditional hardware-based solutions.

SD-WAN can clean out the financial telco closet and help create brand new opportunities for growth in financial services, read the full story on The Comcast Business Community.