Andrew Bach, United Nations agency oversaw important upgrades to network infrastructure for the world exchange company NYSE-Euronext, has joined Juniper Network as chief creator of the networking vendor’s money Services Team.
Bach and Juniper square measure recent friends. NYSE-Euronext, wherever Bach was senior vice chairman and international head of network services, selected Juniper switches for a 10-Gigabit LAN data-center network project declared in 2009. The deal, that the businesses aforesaid would comprehend many Juniper switches, was a significant win for Juniper’s enterprise switch business, AN unsuccessful person to the dominant Cisco Systems.
In his post at NYSE-Euronext, Bach was a distinguished advocate of high-speed networking for the specialised wants of the money services business. The 10-Gigabit LAN upgrade enhanced the exchange’s network capability from zero.5Tbps (bits per second) to a pair of.4Tbps and allowed a round-trip time of but seventy five microseconds for packets moving across the infrastructure.
That speed was necessary for the large traffic generated by the money markets, Bach said. as a result of stock costs go up and down quickly, patrons and sellers need their transactions to be processed as quickly as potential once they’re initiated, he told the LAN Alliance Technology Exploration Forum last could. “Our sales cycle is one msec,” Bach aforesaid. something I will do to shave below a msec may be a fantastic factor.”
NYSE-Euronext processes quite twenty two.4 billion messages per day, Bach aforesaid in August of last year, once the 10-Gigabit upgrade was unrolled. The billions of individual transactions painted $70.8 billion value of business daily, he said. NYSE-Euronext encompasses many exchanges, together with N. Y. Stock Exchange, Securities Industries Automation house. (SAIC), yankee exchange, Pacific exchange, solid ground, N. Y. Stock Exchange Liffe and European money markets.
Bach has conjointly been a marquee client for quicker long-range optical networks. Last May, he aforesaid NYSE-Euronext was mistreatment 100Gbps optical connections between information centers, mistreatment Ciena technology, and would most likely want Terabit LAN among 3 years. Bach worked for N. Y. Stock Exchange for simply over twenty five years, consistent with Juniper.
At Juniper, Bach can guide the sales team, “elevate the company’s thought leadership within the money services marketplace” and facilitate customers outline architectures for cloud computing and mobile information, Juniper aforesaid in a very announcement. He can report back to cistron Chao, vice chairman, international industries, strategy and solutions.