London, 11th January, 2011: MASERGY, a global provider of secure virtualised network services to enterprises, today announced that it is implementing a Virtual Private LAN Service (VPLS) solution for City Index, a leading global provider of retail trading services. As a group, City Index has over 600 employees worldwide, with offices in the UK, US, Poland, Singapore, China and Australia. Due to various acquisitions over the last five years, City Index had built up a hybrid of three separate networks with varied technology and multiple providers around the globe, with no single point of contact. City Index needed a seamless, global network solution to guarantee reliable communication between all its offices.
MASERGY was selected from among other leading Tier 1 and 2 network providers, for its cost effective and flexible global network platform.
The network roll-out has already been completed for offices in London, Sydney and Singapore, and over the next few months may be extended across various locations in the US, UK, Singapore and Sydney. Three global data centres located in North America, Europe and Asia will have redundant connections to MASERGY, and all the local offices will have a single connection to the nearest geographically located data centre. After the completion of the proposed project, MASERGY will be the sole WAN provider for City Index.
MASERGY’s Layer 2 VPLS solution delivers a secure, scalable and easy to manage network environment and supports IP and non IP applications. As City Index grows it can easily increase the number of sites and further build out its corporate WAN. City Index also is running its voice and video applications across the network to take advantage of MASERGY’s superior quality of service (QoS) performance.
Increased visibility and control is an additional advantage of this virtualised network solution, enhancing City Index’s ability to analyse network traffic patterns and troubleshoot application performance issues. MASERGY’s Intelligent Network Analyst (INA) service has proven critical to helping City Index identify potential problems and plan for its future WAN requirement; while the Intelligent Service Control (ISC) service allows City Index to have control of its network services via a web portal to adjust its bandwidth in real time with no external assistance to meet changing service demands.
Marc Morgan-Davies, Network Team Lead of City Index, stated: “I am impressed with the robustness and performance of the MASERGY network. All of the installations have gone very smoothly, on time and as planned, and we have been kept informed at every step along the way.”
“City Index has a clear vision of what they require from their corporate network and a strong understanding of the advanced global network services available in the market today. They want a network partner that can ensure global site-to-site quality of service while allowing clients to manage their services internally,” said John Dumbleton, UK Managing Director of MASERGY.
About City Index Group
City Index Group is one of the leading global providers of retail trading services, transacting in excess of 1.5 million trades per month for the group’s customers around the world. City Index trading platforms give access to thousands of derivatives on global financial markets, including; Spread Betting, Contracts for Differences (CFDs) and margined foreign exchange (FX).The Group trades primarily under the City Index, Finspreads and FX Solutions Brands and also provides a fully outsourced white label solution to numerous partners.
City Index recently launched City Trading, its first iPhone Spread Betting and CFD Trading application that provides full and secure access to customers’ trading accounts, whenever and wherever they want.
MASERGY provides managed, secure virtualised network services to enterprises that have complex needs across multiple locations. MASERGY’s integrated network and software solutions enable customers to seamlessly deploy and manage IT applications, such as video, voice and data, on a global basis. Serving customers throughout the Americas, Europe, Asia, Africa and Australia, MASERGY leverages advanced transport technologies to deliver global Ethernet services across a native MPLS network. The company pioneered customer-controlled network services and the delivery of multiple services over a single network connection. MASERGY's customers include companies from the financial/banking, healthcare, entertainment broadcasting, hospitality/hotels and manufacturing industries. More information about MASERGY is available at http://www.masergy.com.
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