26 | 03 | 2018

Securing Complex Financial Network Environment

Quantum Security: Navigating the Multidimensional Challenges of Financial Networks | Case Study

In our collaborative venture, we partnered with a client to undertake a comprehensive overhaul of their security infrastructure, orchestrating a meticulous redesign that fortified multiple layers of their digital defence. Our efforts commenced by implementing robust multi-factor authentication protocols at the end-user level, ensuring a resilient barrier against unauthorized access. Simultaneously, we spearheaded the deployment of a payment system fortified with state-of-the-art security measures, establishing a fortified fortress around financial transactions.

This endeavour was not merely a local enhancement but a strategic move towards establishing a truly global IT security model. Under this ambitious initiative, the goal was to redefine the contours of security for a target service, operating within the dynamic framework of a new agile model. The outcome was more than just an enhancement; it was a transformation, weaving a tapestry of security, resilience, and innovation into the very fabric of the client’s digital landscape.

Client

Enterprise Business

Environment

Data Center Environment

Objective

At the heart of our mission lies a pressing concern: the escalating frequency of cyber-attacks permeating the Information Technology landscape. Faced with this formidable challenge, our client has embarked on a transformative endeavour. Their vision? To establish an unparalleled standard of security excellence. Simultaneously, driven by the imperatives of End of Life (EoL) for core devices and an essential application upgrade, a strategic decision was made. We are tasked with implementing a new security paradigm and architecting a cutting-edge trading environment.

This endeavour is not merely about technology; it’s about enhancing performance, fortifying security, and optimizing costs in perfect synergy. We are entrusted with the critical responsibility of reimagining the network and security infrastructure and ensuring the creation of a remarkably resilient payment system, one capable of seamlessly adapting to the ever-evolving intricacies of the modern banking ecosystem. In this multifaceted initiative, our aim is not just to meet industry benchmarks but to set new standards in the realms of digital security, performance, and financial technology innovation.

What was done

Where was possible, we have managed to simplify the solution for market data management; however, complex the task was. By consolidating number of financial instruments, the need of cost-efficient management of multi-source feeds, the propagation of accurate data to several target systems. The definition of data scrubbing rules, scheduling of data routines, consolidation of requests, generation of rule-based copies, calculation of derived data, and management of corporate actions. In terms of network technical aspects, two-factor authentication has been reviewed and improved. Payment systems have multiple resilient connections filtered by array of security devices. Several failover scenarios have been conducted to ensure a robust solution.

Achievement

In a testament to meticulous planning and unwavering dedication, we achieved a remarkable milestone by seamlessly executing the transition to the new trading environment on our very first attempt. This accomplishment is a testament to our team’s expertise, precision, and commitment to excellence. Notably, our client, after a thorough evaluation, expressed utmost confidence in our execution, confirming that we meticulously scrutinized and met all the criteria set forth.

This success is not just a reflection of technical proficiency; it underscores our ability to comprehend intricate client requirements, translate them into a flawless execution strategy, and deliver results that meet and exceed expectations. The flawless cutover represents a harmonious blend of meticulous planning, rigorous testing, and unwavering teamwork, solidifying our reputation as reliable partners in the realm of seamless digital transformations.

 

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