TSE taps Juniper for trading platform upgrade

Fintech Innovation editors
03 Feb 2017
00:00

The Tokyo Stock Exchange (TSE) will use routing technology from Juniper Networks to upgrade the network platform responsible for its proprietary trading system Arrowhead.

As technology evolves alongside rapidly changing customer needs, TSE required an upgraded, innovative network infrastructure with the ability to integrate across all financial trading in Japan.

In addition to having connectivity to the Tokyo Financial Exchange (TFX), the Japan Securities Depository Center (JASDEC) and the Tokyo Commodity Exchange (TOCOM), TSE placed priority on increasing network speed, reliability and scalability, while also embedding security throughout the network, a requirement for powering Japan’s advanced economic infrastructure.

TSE selected Juniper's MX480 3D Universal Edge Router as the network device best-placed to meet these criteria. TSE had already been running Juniper network elements on the Junos operating system, which provides TSE with network-wide operational and feature consistency.

Previously, ‘arrownet’ users required separate network connections based on factors such as the environment (production or test) and distribution method (unicast or multicast), resulting in higher networking costs. With the MX480, TSE can now leverage MPLS to deliver multiple services over the same network, which increases network efficiency, reduces latency and provides significant cost savings.

“World-class performance, reliability and stability is crucial for our daily operations at the Tokyo Stock Exchange, and we are delighted to have been able to rely on the consistent technology and services from Juniper Networks through the years, having had zero major incidents since ‘arrownet’ was first established in 2009,” TSE executive officer for IT services Ryusuke Yokoyama said.

“Alongside Juniper, we look forward towards continued support of the Japanese economy, as we build up the networking infrastructure to support those goals.”

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