Muthoot ties up with Juniper to form strategic network partner

Muthoot Group, the world's largest gold firm with 4,20+ branches, has formed an alliance with Juniper Networks as its strategic network partner. It has deployed Juniper Networks® SRX Series Services Gateways and EX Series Ethernet Switches at its data centers and branch offices across India.

Muthoot Group has been facing stiff competition within its market segment, thus addressing the dual challenge of maintaining profitable growth while remaining competitive, the company has developed a customized core banking application to streamline the delivery of standardized service offerings, across thousands of branch offices via a robust and secure IP network.

Highlights

• The new network enables Muthoot Group to guarantee its 20 mn customers that their loan applications will be processed in a matter of minutes, delivering a level of service competitors, find hard to match.
• Muthoot Group's robust network infrastructure enables it to achieve high uptime, security, and scalability needed to meet its business objectives.
• Juniper Networks set up a virtual Muthoot Group branch at its Bengaluru R&D center to simulate use of an SRX100 Services Gateway within a typical branch environment.
• The SRX100 supports a rich set of features, including redundant MPLS links over fixed and wireless networks, application and policy-based routing control, and a complete suite of a Unified Threat Management services.
• At Muthoot Group's main data center and disaster recovery site, high-availability SRX3600 clusters have been deployed to provide high-performance firewall and virtual private network services capable of supporting up to 7,500 secure connections simultaneously.
• In larger Muthoot Group branches, EX2200 Ethernet Switches provide more network access ports, giving the company the flexibility to deploy cost-effective, secure and reliable branch business environments.

 

• The company has also deployed EX8208 Ethernet Switches as the high-performance, high-availability core of its data center networks, helping to deliver rapid application response at Muthoot Group branch offices.
• All Juniper Networks SRX Series Services Gateways and EX Series Switches run the Junos operating system, providing a common platform and robust foundation of network operations. With the help of the Juniper Networks Network and Security Manager software, Junos OS enables administrators to orchestrate policy enforcement and streamline configuration management across the network.