IT Staff Improves Efficiency, Reduces Time and Expense Needed to Ensure Continuous Performance of Networks and Business Applications
WESTFORD, Mass., Aug. 1 /PRNewswire-FirstCall/ -- NetScout Systems, Inc.
(Nasdaq: NTCT), a leading provider of network and application performance
management solutions, today announced that the Shanghai Futures Exchange has
deployed its nGenius(R) Performance Management System to help optimize the
performance of time-sensitive trading and back-office applications, which
handle more than a trillion dollars (more than 8 trillion Chinese yuan) in
futures contracts annually.
The Shanghai Futures Exchange (SHFE) is a self-regulated, non-profit
organization, providing the facilities and services for centralized trading of
futures contracts in the People's Republic of China. Its approximately 220
members, mostly futures brokerage firms, rely on the exchange's state-of-the-
art electronic trading systems and networks to conduct rapid trading on
commodities such as copper, aluminum and natural rubber. The SHFE network
combines high-capacity fiber optic and data links with a satellite network to
support front-end operations, deliver financial data, and execute orders from
the SHFE trading floor in Shanghai as well as its 250 remote sites throughout
the People's Republic of China. The futures exchange trading platform is the
core of the institution's operations. Any degradation in its performance could
interrupt trading and damage the exchange's reputation.
SHFE's IT staff investigated solutions that would provide effective
network and application monitoring of the trading platform and its underlying
networks. The exchange selected NetScout's nGenius System for its
comprehensive network and application visibility, capacity planning and
advanced reporting capabilities, all of which have improved IT staff
efficiency and operational cost savings.
The nGenius System provides SHFE's IT staff with immediate access to
detailed statistics to troubleshoot potential problems impacting the
performance of the time-sensitive trading applications. SHFE uses the nGenius
System's response-time measurements to provide alerts of application slowdowns
and facilitate rapid troubleshooting to pinpoint the source of problems, such
as abnormal traffic caused by a virus outbreak or declining responsiveness of
a trading server caused by too many simultaneous client connections.
"The nGenius System helps us quickly determine whether there actually is a
real problem, whether it is a network or server issue, and where and when it
occurs, so we can eliminate it with minimal impact to trading services," said
Mr. Kuang Jiaxing, director of the IT department at the Shanghai Futures
Exchange. "We have been able to achieve more efficient IT operations and
protect the exchange's reputation with optimal performance of our network and
trading applications."
Another major benefit of SHFE's nGenius deployment is more accurate
capacity planning from its ability to track and report on remote site and link
activity. The nGenius System's customizable and easy-to-use reports feature
rich historical information to enable business-oriented capacity planning, as
well as response-time measurements, the number of users or remote clients
connected to a server, and the connection time of the clients. The nGenius
Performance Manager NewsPaper reports can be tailored to address the needs of
the different audiences throughout the exchange, as well as provide visible
proof of network performance.
"The fast pace of the Shanghai Futures Exchange's trading operations
places high demands on its networked applications and expert IT staff," said
Jim Frey, NetScout's vice president of marketing. "The exchange's successful
deployment of the nGenius System is a testament to the value that NetScout
solutions bring for real-time troubleshooting of business-critical
applications and strategic resource planning in the complex financial networks
that support split-second trading decisions."
About the Shanghai Futures Exchange
Shanghai Futures Exchange (SHFE) is the largest futures exchange in China.
Merged by three futures exchanges of Shanghai in 1999, it now has four major
commodity futures products (oil, copper cathode, aluminum and natural rubber)
that boast of regional and global significance. SHFE is regulated by China's
Securities Regulatory Commission (CSRC). At present, there are about 220
members, 80% of who are futures brokerage firms and 20% are proprietary
members (i.e. those who trade merely for hedging purposes, like industrial
manufacturers). SHFE is a fully electronic market and all the members place
orders from the remote trading terminals or through the leased lines. For more
details, please visit the SHFE website at http://www.shfe.com.cn.
About NetScout Systems, Inc.
NetScout Systems, Inc. (Nasdaq: NTCT) is a market leader and pioneer of
integrated network and application performance management products and
solutions that unify performance across the enterprise. NetScout's nGenius
Performance Management System is helping more than 3000 leading companies
increase their return on infrastructure investments by optimizing the
performance of networks and applications according to business priorities.
NetScout is headquartered in Westford, Mass. and has offices worldwide.
Further information is available at http://www.netscout.com.
NetScout and the NetScout logo, nGenius, and Quantiva are registered
trademarks of NetScout Systems, Inc. The CDM logo, MasterCare and the
MasterCare logo, are trademarks of NetScout Systems, Inc. Other brands,
product names and trademarks are property of their respective owners. NetScout
reserves the right, at its sole discretion, to make changes at any time in its
technical information and specifications, and service and support programs.
SOURCE NetScout Systems, Inc.
/CONTACT:
Dylan Locsin of NetScout Systems, Inc.,
+1-978-614-4113,
[email protected];
or
Dawn Sullivan or Erin Del Llano,
+1-781-684-0770,
[email protected]/
/Web site: http://www.netscout.com /
(NTCT)