Ixia's Network Testing Solutions Selected by Leading Financial Services Firms
Posted on: Monday, 15 December 2003, 06:00 CST
CALABASAS, Calif.--(BUSINESS WIRE)--Dec. 15, 2003--
Ixia's Enterprise Strategy Validated with Recent Wins at Leaders like
Edward Jones, Merrill Lynch, and Morgan Stanley
Ixia (Nasdaq:XXIA), a leading, global provider of IP network testing solutions, announced today recent customer wins at some of the leading financial services companies in the world, including Edward Jones, Merrill Lynch, and Morgan Stanley. These new customers which were recently won are using Ixia's unique Real World Traffic(TM) Suite to analyze the impact of realistic traffic loads over their operational networks making it possible for them to anticipate problems before they occur.
For financial services companies, the issue of network performance is acute: millions of dollars in securities are traded over internal networks, and an increasing number of customers rely on their websites for real-time information. Ixia's integrated hardware/software test solutions can effectively predict the impact of high traffic levels on network and application performance. With the Real World Traffic Suite Internet-scale clients and servers can be accurately simulated to create real-world scenarios in a pre-deployment lab environment.
"Financial services firms coined the phrase 'mission-critical networks' as they continue to implement leading edge technologies that require the flexibility and performance of Ixia's products to help ensure zero down-time," said David Anderson, senior vice president of world wide sales and business development operations. "We are gratified that these leaders have put their trust in Ixia to help them ensure the performance of their networks during peak conditions. When combined with our recent success in winning all the leading U.S.-based stock exchanges, the new customer wins offer strong evidence of the initial success of the Company's enterprise strategy targeting the financial sector."
The high volume of business conducted over the networks of these financial services customers means that even simple network slow downs can cost a great deal of money. For several clients, Ixia's network simulation and analysis tools are used to emulate trading programs by duplicating the type and volume of data, which makes possible a network fix within hours instead of days. Several customers have committed significant portions of their networks to a single service provider or equipment vendor, and Ixia's testing systems allow these customers to validate vendor claims for service or equipment performance and compatibility.
Customers like Bank of America and Wells Fargo Bank have also realized the benefits of running the various applications that make up the Real World Traffic Suite, for example, IxChariot for network assessment, IxVPN for network security, and IxWeb for high-speed Internet performance analysis. These application layer assessment tools can be used in conjunction with Ixia's award winning Layer 2 and 3 analysis platforms to create a complex mix of network and application traffic. Together, these powerful testing solutions can accurately emulate thousands of virtual users, reducing test expenditures while increasing productivity, scalability, repeatability, and test accuracy. To reproduce these testing environments with actual equipment for testing and regression purposes would be cost prohibitive.
About Ixia
Ixia is a leading, global provider of high performance IP network testing solutions. Its highly scalable solutions generate, capture, characterize, and emulate network and application traffic, establishing definitive performance and conformance metrics of network devices or systems under test. Ixia's testing solutions are used by Network Equipment Manufacturers, Semiconductor Manufacturers, Service Providers, and large Enterprises to validate the functionality, and reliability of complex IP networks, devices, and applications. Ixia's patented Real World Traffic(TM) Suite addresses the growing need to test applications and networks prior to deployment under realistic load conditions. Ixia's analysis solutions utilize a wide range of industry-standard interfaces, including Ethernet, SONET, and ATM, and are distinguished by their performance, accuracy, reliability, and adaptability to the industry's constant evolution.
For more information, contact Ixia at 26601 W. Agoura Road, Calabasas, CA 91302; 818-871-1800, Fax: 818-871-1805; Email: info@ixiacom.com or visit our Web Site at http://www.ixiacom.com.
Real World Traffic, Ixia, and the Ixia logo are registered trademarks of Ixia.
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