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WorldStreet Corporation, a provider of relationship-based communications infrastructure for the financial services industry, today announced it has implemented storage solutions from Network Appliance, Inc.
According to the companies, WorldStreet now utilizes Network Appliance(TM) Center-to-Edge(TM) architecture with NetApp(R) filers in its recently announced WorldStreet Net(TM) Version 3.0. WorldStreet said WorldStreet Net(TM) is an infrastructure solution for relationship-based communications that enables users to manage and automate their communication with others - including colleagues, partners, clients, and suppliers - based on the specific nature of their relationships with these individuals
"We chose the Network Appliance solution for its quality, scalability, and performance," said Brian Inglis, WorldStreet's director of information technology. "Flexibility was also a key consideration because WorldStreet Net(TM) customers are global financial services firms with widely varying requirements. With these storage capabilities now embedded in WorldStreet Net(TM), we can help our customers utilize the hardware, network, and storage configurations they already have in place, speeding implementation and lowering total cost of ownership."
"NetApp's 'Center-To-Edge' data management solutions are a tremendous benefit for financial organizations seeking to cost-effectively improve operating efficiencies while upgrading customer service and decision support requirements. As firms look at reengineering their business processes to meet the overall needs of T+1 and creating a "just-in-time" content and information presence in their proprietary and customer transaction flows, they will need to manage more and more data to a near real-time information delivery. The WorldStreet Net(TM)/NetApp solution serves these needs by enabling financial professionals to collaborate more efficiently and intelligently," said Tom Ricciardi, director worldwide financial services. "Our strategy is to continue to add value in business-critical processes to better serve the unique needs of our customers in financial markets."