Too often banks’ legacy systems and networks restrict their ability to meet the challenge of fintech competition, more demanding clients, and regulatory compliance. Some financial institutions, however, are finding that software defined networking provides a solution. SDN offers several advantages specifically for financial institutions.
With SDN banks can more cost effectively and securely support such technologies as big data, analytics, the internet of things, and customer use of mobile devices. A new white paper from Comcast Business explains what software defined networking is and how it improves performance of traditional networks, particularly when used in combination with high-speed broadband.
The Comcast Business white paper outlines "The 5 Benefits of SDN" for financial institutions:
• Centralized Provision and Management—reducing manpower and enabling instant updates across all network devices
• Better Security Control—centralized management of network security ensures better compliance
• Lower Operating Costs—administrative issues can be automated reducing overhead
• Lower Hardware Costs—SDN is open-source enabling existing hardware to be repurposed
• Application Performance Control—critical data can be prioritized over non-mission-critical applications
Register to receive SDN: Powering the Next Generation of Financial Services Networks
This white paper is brought to you by Comcast Business