Press release from Business Wire
Dell's Highly Scalable Solution Improves Business Responsiveness for JM Financial Services
Thursday, May 16, 2013
Dell's Highly Scalable Solution Improves Business Responsiveness for JM Financial Services09:00 EDT Thursday, May 16, 2013
BANGALORE, India (Business Wire) -- JM Financial Services Ltd, one of India's largest brokerage firms, consolidated their infrastructure on Dell PowerEdge Servers with VMWare virtualization software and Dell EqualLogic storage solutions. This enabled JMFS to eliminate system downtime and ensure the high availability of their trading systems to secure continued customer loyalty.
To provide effective financial solutions and sustain a business model that caters to their clients' varied requirements, JMFS operates complex trading systems, connects to multiple stock exchanges, and provides real-time trading information to clients. The company required a scalable infrastructure that would meet the high-availability demands of their clients and eliminate frequent system downtime.
JMFS decided to consolidate the server infrastructure at the company's data center to optimize server utilization and deliver redundancy, both of which were essential in maximizing uptime for mission-critical applications. Their previous setup consisted of standalone legacy servers, and the challenge of maintaining multiple platforms was affecting efficiency. To achieve resource optimization, a reduced server footprint and high availability, they needed to consolidate their server infrastructure on a robust platform. They replaced their legacy servers with Dell's servers and reduced their server footprint by almost 88%.
In addition to virtualizing their data center, JMFS also deployed a Dell EqualLogic PS6000XV storage area network (SAN) solution to provide maximum uptime for their critical applications. The SAN supports a clustered environment of servers at JMFS and provides a highly scalable storage capacity that can expand on demand, crucial to the company's dynamic and rapidly changing business environment.
Dell was the chosen vendor for their scalability and level of support offered. Dell's support was direct, fast and reliable, which eased the burden on the company when issues needed to be resolved quickly. Additionally, the team of Dell engineers who customized and deployed the solution facilitated a comprehensive knowledge transfer process during implementation to ensure that the company's internal IT team was confident in maintaining the solution. Due to this JMFS was able to solve a majority of issues internally.
“We are able to respond to the needs of the business faster with the scalability offered by the Dell EqualLogic storage solution. We can easily provision capacity for a new project within 15 to 20 minutes, which could earlier take up to a month even before the equipment was ordered. Working with Dell has been a rewarding experience and we look forward to greater collaboration in the future.” – Titus Gunaseelan, Head, Information Technology, JM Financial Services
“Dell's solutions have enabled JMFS to increase business responsiveness, eliminate system downtime, decrease energy consumption and reduce maintenance. Lack of legacy and ability to scale is our strong point.” – Amit Luthra, National Manager, Storage Solutions Marketing, Dell
Dell Inc. (NASDAQ: DELL) listens to customers and delivers innovative technology and services that give them the power to do more. For more information, visit www.dell.com.
About JM Financial
JM Financial Services Ltd (JMFS) is one of the largest brokerage firms in India, offering comprehensive investment advisory and management services to institutions, banks, corporates, high net-worth individuals and retail clients. Founded in 1998, JMFS today has their footprint in 440 locations in 140 cities in India. With decades of experience in managing wealth, JMFS offer their clients comprehensive financial and estate planning, research-based investment advice, corporate treasury management and access to capital market capabilities.
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