+91 080 41329296


Contact Us

Press Release: Banking Sector

HomeCompanyNews & EventsPress ReleasesPress ReleasePress Release: Banking Sector
HomeCompanyNews & EventsPress ReleasesPress ReleasePress Release: Banking Sector

Array Networks Strengthens Focus on Banking Sector; Adds 25 New Customers

The company provides core banking solutions to all large PSUs and has recently added two large nationalized banks to its portfolio

BENGALURU, India – March 11, 2015 – Array Networks Inc., a global leader in application delivery networking, today announced that their continuous efforts to strengthen expertise in the BFSI sector has helped them add 25 new banking customers in the last one year. The company has a dedicated team which largely focuses on providing solutions to the BFSI sector. Array Networks provides core banking solutions to all large public sector units and has recently added two new nationalized banks to its customer list.

To meet the increasing demands of the banking sector, Array is working with a few application providers and OEMs to make core banking applications more secure, reliable and faster. The company has added advanced reporting features in devices like Geo IP detailing etc. to meet the requirements of the banking community and address accessibility issues. They have also created a comprehensive solution suite to help banks firm up the quality of their banking services.

Mr Shibu Paul, Regional Sales Director - India, ME and SEA at Array Networks said, “The banking sector in India is going through a rapid transformation and there is a need to quickly enhance the performance of banking applications. Array's strong and credible solutions and upfront actions have helped many banks upgrade the quality of their services. Our solutions are designed to evenly distribute the load balancing of applications and efficiently handle the DC_DR replication across remote areas. We are glad to add two more nationalized banks to our list.”

Array Networks currently derives 45% of its revenues from the BFSI sector. The other key focus areas include Government, PSUs, Manufacturing and Service Providers.

With increasing demand for online and mobile banking services most of the banks are moving to larger bandwidth consuming applications but they are also facing performance issues. Array Networks enhances the availability, performance and security of banking applications with solutions like application load balancing, link load balancing, global server load balancing, IPv6 gateway, SSL accelerators, WAN accelerators and access gateways.

Among the large banking customers of Array, it enables one of the largest nationalized banks in India to run their SAP HRMS applications accessed by over three lakh users. Array's appliances are deployed in more than 8 banks to ensure auto failover and load balancing of their DC-DR, which is a part of the RBI audit. About 15 banks have deployed these appliances for application performance optimization and to make banks DC_DR replication faster. The products and solutions help banks achieve high availability, faster application access, quicker SSL processing and improved security and much better uptime.

About Array Networks

Array Networks is a global leader in application delivery networking with over 5,000 worldwide customer deployments. Powered by award-winning SpeedCore software, Array solutions are recognized by leading enterprise, service provider and public sector organizations for unmatched performance and total value of ownership. Array is headquartered in Silicon Valley, is backed by over 300 employees worldwide and is a profitable company with strong investors, management and revenue growth. Poised to capitalize on explosive growth in the areas of mobile and cloud computing, analysts and thought leaders including Deloitte, IDC and Frost & Sullivan have recognized Array Networks for its technical innovation, operational excellence and market opportunity.

Press & Media Contact:

Nethra A B
CHANGE AGENTS PR for Array Networks
+91.9686111595, +91.80.41603144

Try Array Networks Risk-Free Today! Get Your Free 30-Day Free Trial