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Published byHarriet Mitchell Modified over 9 years ago
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Selling Fortinet to financial sector Kanwar Loyal Finance Specialist kloyal@fortinet.com Date
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AGENDA Market conditions Fortinet for Financial institutions Finance drivers and positioning Q and A
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The Market – Leaner Economic Climate Greatest hit but first to recover. Single biggest contributor to G7GDP (14% UK GDP, 2007 Risk averse selling. Banking IT Strategy under duress. Cost cutting and asset sweating will dominate IT decision-makers in 2009, 2010 + Long-term strategic view on IT security and compliance will delay projects. Bank mergers IT integration projects taking priority over new investment. Introducing competition and uncertainty. CxO greater scrutiny of budget sign off, leading to delays and back burner projects.
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Investment Banking revival Bank2008 pre-tax profitQ1 2009 pre-tax profit JPMorgan-Chase€-791m€1055m UBSSfr.-19.2bnSfr.-1.8bn Barclays Capital€1.41bn€ 989 Deutsche Bank€-6.76bn€ 59.7m Goldman Sachs€ 1.3bn€ 545.5m
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Yesterdays’ news Royal Bank of Scotland to spend € 6.5bn on IT J.P. Morgan Chase & Co. said third-quarter earnings rose sevenfold to $3.59 billion (€ 2.43 B) Goldman Sachs release figures today Stock markets are climbing again!! Yesterday - new record high
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Fortinet value proposition to Finance Requirements & Trends Exposure to Risk – Tougher regulation. Audit points and compliance. Accelerate and secure market data Making Banks money. Competitive edge.- low latency- Arbitrage trading High performance trading Saving money. Capital and Operational efficiencies. Strategic sourcing. Consolidation M&A Cost saving initiatives. Security Virtualisation. FortiClient FortiScan FortiMail FortiWeb FortiDB FortiGate Fortinet High performance platform
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Fortinet Delivering Low Latency Trading Low latency trading at the edge. Dealing with high-volume quant trading and stat arbs. Equities, derivatives and FX. Aggressive algorithm trading. Competitive edge - Better trading and portfolio decisions Every day capital markets firms must capture, store and process vast volumes of market and trade-related data with very low latency. Deliver market information to individuals at any location so they can make better trading and portfolio decisions across the entire trade lifecycle. Milliseconds will matter Low latency will be key for trading firms
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Fortinet Low Latency Network Acceleration Low latency data acceleration with security in mind. ASIC/FPGA/Dual Processor architecture for line rate data processing and forwarding. Custom architecture delivering Firewalling up to 182 Gbps. Latency across ingress/egress sub 5 microseconds. Zero packet loss ensuring integrity of low latency data transfer. Equity and derivatives – 10Gbps/20Gbps and beyond solution Giving traders the competitive edge with best performance platform!!
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Fortinet Accelerating Market Feeds Multicast is a distribution application for market data services. Effects exchanges and banks. Risk to banks who do not secure. 1Gbps to 10gbps secure solution – no packet drop Fortinet solution delivers:- Security Performance ROI
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Fortinet Risk & Compliance Solution Risk and exposure – audit points who will sign the risk off? Assets / Databases / Applications Protection Awareness and controls need to be in place. Clear process to be defined Audit points Database and Assets - Controls, configuration, Vulnerabilities Database Auditing and Monitoring
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High Performance Switching A New approach to 10GE DATACENTRE, purpose built with performance and scale in design. Lowest latency switching Highest scalability and availability – significant performance advantage Easy to deploy Chassis based Appliance Best price / performance
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Simplification and Consolidation Cost cutting is essential 0 - 12 month ROI Operational efficiency Systems, people, suppliers, event correlation, reporting, management, applications, network, data reduced risk! Strategic sourcing Strategic V’s Tactical.
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Summary – Fortinet Business Value Compliance & Risk PCI/SOX/FSA/BASEL 2 Making money Latency reduction on trading flows Delivering market data Saving Money CAPEX/OPEX reduction – DO MORE with LESS Consolidation / Simplification / Virtualisation Strategic sourcing – Single vendor providing broad security offering and switching
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Continued sophistication and prevalence of threats, requiring multiple security protections Regulatory compliance pressures (SOX, PCI, etc.) Impact of security breaches on business Higher performance to cope with evolution of business applications Distributed networks & mobile users Top concerns in IT Security Dynamic Threat Landscape IT Budget: Do more with less Complexity and cost of managing multiple security solutions Increased pressure to improve security service while reducing TCO Footprint Reduction Multiple Physical / Data Center Carbon Business Continuity
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Navigating the Security Landscape Virtual Private Network (VPN) “Secure” private traffic across public networks Network Security Firewall “External” threat protection Application Security Application Firewall Protection for WebServices Applications Data Leak Prevention Preventing unautorized documents leaving the network Antivirus / Antimalware Detection and removal of malicious application content Content Security Web filtering Protection from harmful web sites and web content DataBase Security Protecting DBs from internal Threats Intrusion Prevention System (IPS) Monitoring and active protection from malicious traffic Messaging security Detection and protection from malicious email Application Control Regardless the protocol or port being used
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Summary Industry-leading security vendor End-to-end IT Security portfolio Best performance for security and switchingReduce risk, accelerate market data and reduce costSolutions that offer banks the competitive edge
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