Global Trading Firm Uses Visual Networks' WAN Service Management Solution to Monitor Mission-Critical Trading Network.Business Editors/Hi-Tech Writers ROCKVILLE, Md.--(BUSINESS WIRE)--Aug. 7, 2001 Visual UpTime Supports Internal Network and External Links to Stock Exchanges for Susquehanna International Group Susquehanna International Group, LLP (SIG) is an international financial trading and services group located in Bala Cynwyd, Pennsylvania with offices located in the United States, Asia and Europe. , LLP LLP - Lower Layer Protocol Visual Networks, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :VNWK), a leading provider of performance management solutions designed to drive performance and reliability into communication networks and services, announced today that Susquehanna International Group, LLP (SIG), a global trading and technology company headquartered in Bala Cynwyd, Pa., has deployed the Visual UpTime(R) Wide Area Network performance management solution to manage the mission-critical network that supports its worldwide trading operations. In addition to supporting the company's internal corporate network and remote customer and vendor connections, Visual Networks'(R) Visual UpTime is used by SIG to monitor its frame relay A high-speed packet switching protocol used in wide area networks (WANs). Providing a granular service of up to DS3 speed (45 Mbps), it has become popular for LAN to LAN connections across remote distances, and services are offered by most major carriers. and ATM circuits and links to the leading stock exchanges, including the NASDAQ, the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. , as well as electronic communications-based exchanges, such as Instinet and Island. "In today's increasingly global, virtual and around-the-clock trading environment, it is essential that we be able to monitor and troubleshoot potential network performance issues before they affect critical operations," said Hylton Socher, Chief Information Officer of Susquehanna International Group. "That is why we have deployed Visual UpTime across our entire wide area network - from remote international sites in Amsterdam and Dublin to remote domestic locations in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Chicago and San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden - all of which rely on our primary hub site to access critical market data." Widely acknowledged as the industry's leading WAN service management solution and used by more than 2,500 companies, Visual UpTime integrates expert monitoring capabilities with access equipment to fully automate the collection, interpretation, and presentation of service level data. A series of intuitive applications provide remote real-time troubleshooting, performance monitoring, service level validation, and performance reporting for frame relay, ATM, Internet and private line connections--or a combination of these technologies. The only performance management solution with management capabilities for mixed ATM and frame relay environments, Visual UpTime provides in-depth traffic capture and protocol analysis across the entire wide area network. "Visual UpTime enables us to monitor all the components of our internal network as well as critical connections and circuits to outside vendors and partners to ensure maximum network availability and performance," added Mr. Socher. "A large part of our business is providing liquidity between different markets across the country and around the world, and maximum network performance is crucial to maintaining continuous order flow and execution." By continuously measuring second-by-second usage levels for every monitored port and PVC PVC: see polyvinyl chloride. PVC in full polyvinyl chloride Synthetic resin, an organic polymer made by treating vinyl chloride monomers with a peroxide. , Visual UpTime can automatically make informed recommendations on bandwidth allocation Bandwidth allocation refers to various methods used in the communications industry to design and assign frequency channels to different wireless applications. Also on programs such as Bittorent or Limewire. by specific location with its clear, detailed picture of circuit performance. This enables network managers to create overview reports of the most and least utilized circuits across the network, then allocate bandwidth as appropriate--providing sufficient bandwidth to ensure mission-critical applications get through, without over-provisioning bandwidth and exceeding WAN budgets. "SIG's utilization of Visual UpTime to support its ATM and frame relay network illustrates the importance of performance management in a mission-critical network and the unique value that only Visual Networks can provide by supporting ATM and hybrid frame relay and ATM networks," said Steve Hindman, executive vice president of sales and marketing for Visual Networks. "We are pleased to include them in the growing list of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. companies that rely on Visual UpTime to maximize the performance of crucial network operations." About Visual UpTime v6.0 Visual UpTime(R) v6.0, which was announced in July and will be available later this year, will provide improved performance management support for ATM services and strengthens its unique solution for troubleshooting and managing complex, mixed ATM and frame relay network environments -- all from a single system. Enhancements to Visual UpTime include enhanced protocol visibility, new ATM SLA (1) (StereoLithography Apparatus) See 3D printing. (2) (Service Level Agreement) A contract between the provider and the user that specifies the level of service expected during its term. validation tools that monitor cell loss, round-trip delay and availability, and extended ATM performance monitoring, reporting and troubleshooting capabilities. Visual UpTime v6.0 will also provide E3 ATM capabilities for managing international ATM circuits at line speeds up to 34Mbps within international or domestic based, multi-national ATM or frame relay-ATM networks. About Susquehanna International Group, LLP Susquehanna International Group, LLP is a premier options trading organization, acting as specialist/DPM/LMM in 600 equity option classes, including such names as Microsoft, America Online See AOL. , IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , and Intel. In addition, the companies comprising SIG operate a range of diverse businesses in multiple markets including, a specialist/market maker in exchange-traded funds, the leading sector index options trading firm, a New York Stock Exchange specialist and introducing broker, a highly ranked NASDAQ market maker, extensive trading of international securities, a leading dealer in US municipal securities, and a leading developer of pricing, analytical, and execution technology. SIG has evolved into a global organization active in the markets of over 20 countries on 5 continents, including offices in Philadelphia, Bala Cynwyd, New York, Chicago, San Francisco, Sydney, Amsterdam, and Dublin. About Visual Networks, Inc. Visual Networks has the broadest suite of proven performance management solutions for communications networks and services. In addition to Visual UpTime(R), the award winning frame relay and ATM service management solution used by more than 2,500 enterprises and the world's leading service providers, the company's Visual IP InSight(TM) and Visual eWatcher(TM) services extend the company's reach to new, fast-growing technologies such as IP-VPNs, DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary , Wireless and Web-enabled services. Predominantly deployed at the edge of the network-closest to the end-user-Visual Networks' products evaluate performance metrics Performance metrics are measures of an organizations activities and performance. Performance metrics should support a range of stakeholder needs from customers, shareholders to employees [1]. and measure the service experience from the customer's perspective. Using Visual Networks' solutions, service providers and enterprise customers can increase network reliability, dramatically reduce operational expenses, and lower their total cost of ownership. Visual Networks' customers include AT&T, Cable & Wireless, Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. , Prodigy, SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. , Sprint, Verizon, and WorldCom. Established in 1993, Visual Networks' headquarters are located in Rockville, MD, with international offices in Europe, Asia, and Canada. For sales information in the U.S., call 1-800-240-4010 or visit www.visualnetworks.com. Visual Networks and Visual UpTime are registered trademarks and Visual IP Insight and Visual eWatcher are trademarks of Visual Networks Technologies, Inc. Other slogans or names of actual companies, products or services may be trademarks or service marks of their respective owners. The press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by those sections. The forward-looking information is based upon current information and expectations regarding Visual Networks and its subsidiaries. These estimates and statements speak only as of the date on which they are made, are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecasted in such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Visual Networks assumes no obligation to update the information contained in this press release. Visual Networks' future results may be impacted by risks associated with rapid technological change and the emerging services market, potential fluctuations in quarterly operating results, its dependence upon sole and limited source suppliers and fluctuations in component pricing, its dependence upon key employees, and its ability to retain employees. Visual Networks' future results may also be impacted by other risk factors listed from time to time in its SEC filings, including, but not limited to, the Company's Registration Statement on Form S-4, dated April 4, 2000, as amended, its Form 10-Qs and its Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion