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Financial Institution Leverages Fortinet to Increase Efficiency of Its Security Infrastructure

Financial Institution Leverages Fortinet to Increase Efficiency of Its Security Infrastructure

One of the world’s largest financial services firms embarked on a massive IT automation initiative several years ago. The organization has trillions of dollars and hundreds of thousands of employees spread across countries around the world. In order to improve staff productivity and reduce costs, it wanted to streamline infrastructure management by automating processes wherever possible. 

At the same time, the bank was upgrading its security architecture. After a rigorous proof of concept, it selected FortiGate next-generation firewalls (NGFWs) to protect its many data centers. Decision-makers liked the depth of integration with Red Hat Ansible, a tool the institution had deployed to automate software provisioning and configuration. They also appreciated Fortinet’s ability to scale efficiently to support the bank’s centralized network, which is one of the largest of its kind in the world. Additional reasons for choosing the FortiGate NGFWs were their exceptional performance and manageability.

The bank began deploying FortiGate NGFWs in data centers across three geographic regions: Europe, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and North America. Its pre-purchase financial analysis indicated that the project will provide a return on investment (ROI) of $100 million in cost savings and productivity gains over five years. 

The rollout is still in its early days, but the bank will soon have hundreds of FortiGate NGFWs protecting systems around the world. The benefits are already accruing, primarily from improved security manageability. The technology making this possible is the Fortinet Fabric Management Center, a combination of the FortiManager network management solution and the FortiAnalyzer analytics and log management solution.

$100 Million Cost Savings—and Beyond

The financial institution clears all the required hurdles to protect customers and comply with regulations around the world. The ease of use and deep automation capabilities of the Fortinet Fabric Management Center solutions enable it to do so while streamlining deployment and management of firewalls for centralized staff. As FortiGate NGFWs replace more of the bank’s legacy firewalls, the efficiency of the Fortinet security infrastructure will bring even greater benefits. 

The bank is well on its way to achieving its projected $100 million cost savings. Click here to learn how the Fabric Management Center can streamline your security management as well.

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About The Author

Raymund Ravanera is an accomplished and experienced graphic designer with almost 20 years of creative expertise working in the graphic design industry. He loves the latest gadgets, food and movies. Currently, he owns and manages megabites.com.ph, an online technology and lifestyle blog since 2015.

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