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F5 Networks (FFIV) Inks Application Security Deal with Standard Life

November 23, 2009 7:36 AM EST
FFIV Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)

EPS Growth %: +23.9%
F5 Networks, Inc. (NASDAQ: FFIV) today announced it has signed a deal with Standard Life to enhance the company's application security. In a project supported by information security services specialist Vistorm, the solution leverages F5 BIG-IP Application Security Manager (ASM) software running on multiple F5 BIG-IP Local Traffic Manager (LTM) devices.

A leader in financial services, Standard Life is also widely known in the technology sector for effective, forward-looking IT implementations. Service Orientated Architecture (SOA) is well-established at the heart of the company's IT strategy, allowing more effective information sharing within the organization and through customer communication channels, as well as more efficient business processes.

In developing the fourth generation of its SOA infrastructure platform, Standard Life wanted to implement an architecture that was fully fault-tolerant and had no scalability constraints, while delivering increased application protection.

Standard Life is a major asset managing company headquartered in Edinburgh and operating across the globe. Established in 1825, Standard Life provides life assurance and pensions, investment management, banking, and healthcare insurance products to more than 6.5 million customers worldwide.

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