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TRANSCRIPT
FINANCIAL TECHNOLOGIES IMPROVES SECURITY
FINANCIAL TECHNOLOGIES (INDIA) LIMITED IS AMONG THE GLOBAL LEADERS IN OFFERING TECHNOLOGY INTELLECTUAL PROPERTY AND DOMAIN EXPERTIZE. Formed in 1988, Financial Technologies is the pioneer in introducing an end-to-end
STP solution that supports high-density transactions. Its solutions cater to the equity,
forex, commodity and derivatives markets, covering all stages of a Trade Lifecycle –
Pre-Trade, Trade and Post-Trade – to deliver single-point transaction fulfilment.
ChallengeFinancial Technologies has a distributed network that spreads across many locations
in India; some of them are located in remote areas that do not have any IT staff. The
IT Security Service team is always concerned with the threat of network disruption
caused by malware.
Unmanaged and non-compliant systems such as home computers, smartphones
and laptops among its employees and partners further exposed Financial
Technologies to a gamut of cyber threats - malware, viruses, Trojans and spam.
Prior to 2006, the incapability of the previously deployed anti-virus solution to
contain virus outbreaks such as SQL Slammer and Sasser Virus had, on occasion,
crippled Financial Technologies’ IT infrastructure.
Finance• India, Mumbai
• Using Kaspersky Endpoint Security for Business – Select and Kaspersky Endpoint Security for Business – Advanced
SECURE Effective security
protection
CONTROL Easier centralized
security management
PERFORMANCE Productivity improved
No down time
“ Kaspersky Lab has significantly and demonstrably
secured us from cyber threats and with newer
enterprise offerings they continue to protect us.”
Mr. Neehar Pathare, Vice President, Information Technology Division Financial Technologies
ftindia.com
The Kaspersky Lab solutionFinancial Technologies had to source an alternative anti-virus solution to protect
its valuable IT assets such as source codes and other sensitive information.
Aware of the soaring operational cost and revenue loss due to malware,
Financial Technologies sought an integrated security solution that could
provide comprehensive, state-of-the-art anti-malware technology with
centralized management capability and a lower cost of implementation.
Kaspersky Lab was introduced through the recommendation of the company’s
IT partner, Communication Links.
During the ‘Proof of Concept’, Kaspersky Endpoint Security for Business Select
and Advanced proved their mettle, detecting and removing all types of virus,
malware and Trojans, which were not detected by the previous security solution.
Kaspersky Endpoint Security for Business demonstrated all the key parameters
and advantages, impressing Financial Technologies.
Kaspersky Lab’s performance stood out among the other anti-malware
solutions that were demonstrated convincing Financial Technologies
to trade up to Kaspersky Endpoint Security for Business to protect its network
of 2,600 nodes comprising of Microsoft Windows 2003, domain controller,
Exchange, SharePoint 2003, MS-SQL, MS Visual studio, Microsoft Windows XP
desktops and laptops.
“We were one of the early customers of Kaspersky Lab, we started with
Kaspersky Business Space Security in 2006 and moved to deploy Kaspersky
Endpoint Security for Business recently. Kaspersky Lab has been up to the
challenge of safeguarding our network against numerous zero day attacks.
Compared to the former anti-virus solution, Kaspersky Lab has significantly and
demonstrably secured us from cyber threats and with newer enterprise offerings
they continue to protect us,” said Mr Neehar Pathare, Vice President, Information
Technology Division, Financial Technologies.
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Results and Benefits
The whole implementation across 2,600 nodes was completed in less
than a month.
Although the initial cost for switching from the prior vendor to Kaspersky Lab
was high, the long term savings were substantial as manual intervention was
completely eliminated.
Productivity has increased, as there is no downtime for the end user during
malware detection and removal as these processes are done in the background
without affecting their work.
Additionally, Kaspersky Lab has protected the company from various virus
outbreaks with its real-time protection with instant updates.
The management console allows Financial Technologies to view status, perform
routine tasks like configuration, installation, deployment of Kaspersky client and
updates to all servers and desktop systems remotely.
“Financial Technologies has always been a front-runner in technology evaluation
and adoption. Although Kaspersky Lab was not present in India, the technology
provided by them in the year 2006 was way ahead of its time. A quick POC
ensured that our wish list was converted to a must list by Kaspersky Lab,” said
Mr Pathare, who continues to be a satisfied customer of Kaspersky Lab security
solutions for nearly a decade.
Policies and Tasks of Kaspersky Lab for Windows Workstations and Servers on all
the machines are managed by a Master Kaspersky Administration Kit located at
the Financial Technologies head office. Reports on virus activity, network attacks,
and infected computers are constantly sent to the Administration Server for
auditing. Financial Technologies also uses email alerts to notify the detection of
any new viruses. Financial Technologies’ network has been well-secured since
trading up to Kaspersky Lab.
2,600Workstations
400Servers
Mr. Neehar Pathare, Vice President, Information Technology Division Financial Technologies