[CAnet - news] Sarbanes-Oxley driving demand for customer owned networks
"Bill St.Arnaud" <[email protected]>
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For more information on this item please visit the CANARIE CA*net 4 Optical Internet program web site at http://www.canarie.ca/canet4/library/list.html ------------------------------------------- [Similar to the way HIPPA is driving the demand for customer owned networks for hospitals, SOX is also a contributor factor for banks to acquire their own optical networks in addition to the usual other drivers such as reduction of monthly costs, low cost scalable architecture, etc. Some excerpts from IT business article. Thanks to Mike Hrybyk for this pointer -- BSA] http://www.itbusiness.ca/it/client/en/home/News.asp?id=39398&PageMem=1 RBC brings its fibre optics in house Canada's biggest bank deploys a WDM network designed to deal with the capacity issues brought on by regulatory requirements. The Royal Bank of Canada says it has its future bandwidth needs under control following the launch of a private high-speed optical network connecting key data centres through a Gigabit Ethernet transport system. Based on wave-division multiplexing (WDM) equipment from Ottawa-based Meriton Networks, the bank's network links its primary data centre in Toronto with another in Guelph, Ont., along with a data path running to its contact centre in Mississauga. RBC's decision to set up the private optical network was in part a response to requests from a business unit dedicated to data storage, which was grappling with issues around Sarbanes-Oxley, e-mail journaling and other regulatory requirements, said Dominic Paré, the bank's manager of WAN infrastructure. More often than not, carriers have an existing optical network. It's scaling the existing network that's expensive, he said. Adding nodes is quite a challenge. On annual basis (Nortel) has been the leader every year, he said. Its strength is in selling to enterprises and not just carriers and service providers. That's one of the reason they've done so well and maintained their share in the market. Pascoe said Meriton's products are attracting companies that are good at measuring the value of their operating expenses. (RBC) understands that it costs money to manage networks, he said. The ability to be able to look at a part of the network, move over to a spare circuit without any pitfalls, change a patch cord it's the changing services and troubleshooting. The Meriton architecture will allow RBC to scale to 320 Gbps of capacity without adding any shelves, Pascoe said. Paré added that RBC's decision some time ago to collapse its infrastructure into a more centralized data centre environment means the network will benefit multiple business units. ------------------------------------- To SUBSCRIBE: send a blank e-mail message to [email protected] To UNSUBSCRIBE: send a blank email message to [email protected] ------------------------------------- These news items and comments are mine alone and do not necessarily reflect those of the CANARIE board or management. ----------- [email protected] www.canarie.ca/~bstarn skype: pocketpro SkypeIn: +1 614 441-9603 _______________________________________________ news mailing list [email protected] http://lists.canarie.ca/mailman/listinfo/news