As financial institutions continue adapting to changes in both work and workplace, one thing is clear: They need networking technology that can support multi-site operations without latency or downtime. Prior to the pandemic, migrating workloads to the cloud was the crux of digital transformations.
The Future Of Banking Networks
Now, in what can be described as digital transformations 2.0, financial institutions are embracing new technologies to stay ahead of their competitors. By leveraging advanced technologies such as artificial intelligence (AI), machine learning, blockchain, etc., these institutions are shaping the way we transact, manage investments, and more.
However, supporting such solutions requires a reexamination of cloud service environments and networking infrastructure such as SD-WAN and SASE.
With support from Advantage Communications Group (ACG), the Bank of Princeton was able to move to upgrade its infrastructure across all locations to a more resilient, more secure, and much more scalable solution.
Specifically, it was able to increase bandwidth by over 20X, dramatically reduce risk by implementing dual-node circuits at all locations, increase speed-to-market and agility, reduce maintenance and operating costs—all while saving 36 percent, $180K/year.