NetScreen Solutions Selected by SWIFT to Secure New Global IP Network
April 06 2004 - 9:01AM
PR Newswire (US)
NetScreen Solutions Selected by SWIFT to Secure New Global IP
Network Planned 10,000 Device Deployment to Represent One of the
Largest Worldwide VPN Deployments SUNNYVALE, Calif., April 6
/PRNewswire-FirstCall/ -- NetScreen Technologies, Inc. today
announced that SWIFT, the financial messaging industry-owned
cooperative, has selected and deployed NetScreen's purpose-built,
integrated firewall and virtual private network (VPN) solutions to
secure its new global IP data network infrastructure and IP-based
messaging platform, SWIFTNet. To date, SWIFT has deployed more than
3,300 NetScreen devices and the security deployment has been
running successfully at 100 percent capacity since June 2003. SWIFT
plans to deploy more than 10,000 NetScreen appliances by the time
the migration is completed -- currently planned by the end of 2004
-- which is expected to represent one of the world's largest VPN
deployments. SWIFT provides data network connectivity in 200
countries for 7,500financial institutions, including banks, stock
exchanges and clearinghouses, to exchange millions of messages
representing payments, securities, stock trades and treasury
services. SWIFT is deploying NetScreen VPN concentrator systems, as
well as NetScreen-5XT appliances in its new global IP network
infrastructure. Didier Verstichel, SWIFT's director of worldwide
networks, said: "SWIFT is committed to delivering the highest
possible levels of availability, reliability and security
throughout its data network. As a result, the robust features, as
well as the intrinsic performance and security benefits of
NetScreen's products were key deciding factors for SWIFT." The
network is based on four separate IP networks leveraging four
different networkpartners' solutions to ensure resiliency and
availability at all times. NetScreen provides firewall protection
and VPN functionality straddling all four networks and the Backbone
Access Points (BAPs), ensuring a high level of security and network
performance. SWIFT's choice of security vendor was dictated by its
need for reliable security and flexible networking functionality.
NetScreen's support of the dynamic routing protocol BGP in its
security systems enables SWIFT members' traffic to be dynamically
re-directed, ensuring high service levels and reliability.
Additional features, like a uniform graphical user interface across
the NetScreen product line, simplify deployment for SWIFT and its'
members, saving operational costs for both parties. David Flynn,
NetScreen's vice-president of marketing, said: "SWIFT's data
infrastructure is one of the most robust security environments in
the world. Our ability to offer a range of security devices to suit
it various members' needs, coupled with our performance and
management features, maximizes the quality and depth of security
SWIFT is able to offer throughout its new infrastructure."
NetScreen-5XT appliances are deployed at each SWIFT users' network
connection to establish secure VPN connections into the SWIFT
networks. The NetScreen-5XT appliances are pre-configured by SWIFT
to ensure that each member's VPN operates using highly secure,
unique security codes, without any complex technical input required
of the member. For more information about NetScreen products,
visit: http://www.netscreen.com/products/ . About NetScreen
Technologies NetScreen Technologies, Inc. is a leading developer of
network security and access solutions for enterprises and carriers
worldwide. NetScreen's solutions offer customers multiple layers of
network and application-level protection in purpose-built
appliances and systems that meet customers' security, performance
and total cost of ownership objectives. NetScreen is located at 805
11th Ave., Sunnyvale, CA, 94089, U.S.A. More information on
NetScreen's products can be found at http://www.netscreen.com/ or
by calling toll free at 1-800-638-8296. NOTE: NetScreen and the
NetScreen logo are trademarks of NetScreen Technologies, Inc. in
the United States and other countries. Other trademarks are the
property of their respective owners. This press release contains
forward-looking statements about events and circumstances that have
not yet occurred. For example, words such as "will," "expected,"
"can," "allowing," "believes," "enabling," "continue" and
"continuing," or other statements in the future tense, are
forward-looking statements. Actual outcomes and results may differ
materially from expectations in this press release due to a number
of risks and uncertainties. Such risks and uncertainties include
whether the market for security products will grow as projected, if
at all, whether demand for NetScreen products will continue,
whether new products, if and when introduced, will be successfuland
whether products will perform as expected. DATASOURCE: NetScreen
Technologies, Inc. CONTACT: Jennifer Jennings, +1-408-543-8243, or
, or Penny Still, +44 0 1483 508 416, or , both of NetScreen
Technologies, Inc. Web site: http://www.netscreen.com/
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