SOURCE: Fortinet

Fortinet

February 07, 2011 09:00 ET

InterBolsa Invests in Fortinet for High-Performance, Low-Latency Firewall

Latin America's Largest Brokerage Firm Relies on Fortinet for Security and Network Performance

SUNNYVALE, CA--(Marketwire - February 7, 2011) - Fortinet® (NASDAQ: FTNT) -- a leading network security provider and the worldwide leader of unified threat management (UTM) solutions -- today announced that InterBolsa, a Colombia-based securities broker and the only Latin American brokerage firm trading on the New York Stock Exchange (NYSE), has deployed FortiGate™ multi-threat security appliances for high-performance, low-latency firewall.

One of the largest investment banking groups in Latin America, InterBolsa is involved on a daily basis in high-level business dealings and must adhere to the highest security standards related to the management, recording and control of content and conversations between stock exchange operators and customers. With its Brazil headquarters in São Paulo and branches in Rio de Janeiro and Curitiba, the company needed a broad, high-performance security solution that offered stability and high availability and was easy to operate.

"We evaluated several options and searched for a solution that would be very reliable and simple to manage," said Sergio Mirsky, IT director of InterBolsa. "We chose Fortinet for some basic reasons: easy to use, expanded functionality and granular control. InterBolsa is the largest brokerage firm in Latin America and carries hundreds of transactions daily, the reason we need to execute activities with the greatest safety and agility. For a broker, one minute means a lot of money and that is where the firewall performance becomes exceptionally important in terms of security and transaction speed."

InterBolsa installed three FortiGate-310B multi-threat security appliances in high availability mode at its Brazil headquarters in São Paulo. The company also deployed a FortiGate-111C in Rio de Janeiro and a FortiGate-111C in Curitiba. Mirksy said that one of the strengths in choosing a Fortinet solution was the total cost of ownership, because a single appliance offers firewall integration, intrusion prevention (IPS), antivirus, Web content filtering, application control, WAN acceleration and inspection of SSL.

"We now have all these features on a single platform for one price, as well as a single management interface," Mirsky said. "This offers us a level of complete content protection that we just didn't feel confident we'd receive from other vendors."

In addition to using the FortiGate for firewall and other core security features, InterBolsa uses the appliances for load balancing, which helps to ensure continuity of services in a transparent and automated way. Additionally, InterBolsa has an MPLS network connecting its subsidiaries, and does redundancy of this connection through VPNs controlled automatically by the FortiGate. InterBolsa acquired all equipment with integrated WAN optimization, which also reduces costs.

The deployment was carried out by Fortinet partner StorageWay Technology.

"We wanted to bring the best unified security solution to InterBolsa, which is why we presented Fortinet. The technology is easy to administer, high performing, reliable and meets the safety standards required in this sector," said Claudio Mencarini, commercial director of Storageway Technology.

Complementing the Fortinet solution is the FortiAnalyzer™ appliance for logging and reporting and the FortiManager™ appliance for centralized management of all Fortinet equipment deployed throughout Brazil.

"Financial services companies have especially intricate security needs and it's critical that they can meet these needs while also enhancing the reliability of their networks," said Pedro Paixao, Vice President of Latin America sales for Fortinet. "Fortinet's multi-threat security solutions, which include a potent low-latency firewall, is well-suited for environments such as InterBolsa as they help to ensure network uptime and reduction of threats."

About Fortinet (www.fortinet.com)
Fortinet (NASDAQ: FTNT) is a worldwide provider of network security appliances and the market leader in unified threat management (UTM). Our products and subscription services provide broad, integrated and high-performance protection against dynamic security threats while simplifying the IT security infrastructure. Our customers include enterprises, service providers and government entities worldwide, including the majority of the 2009 Fortune Global 100. Fortinet's flagship FortiGate product delivers ASIC-accelerated performance and integrates multiple layers of security designed to help protect against application and network threats. Fortinet's broad product line goes beyond UTM to help secure the extended enterprise -- from endpoints, to the perimeter and the core, including databases and applications. Fortinet is headquartered in Sunnyvale, Calif., with offices around the world.

Copyright © 2011 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and unregistered trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet's trademarks include, but are not limited to, the following: Fortinet, FortiGate, FortiGuard, FortiManager, FortiMail, FortiClient, FortiCare, FortiAnalyzer, FortiReporter, FortiOS, FortiASIC, FortiWiFi, FortiSwitch, FortiVoIP, FortiBIOS, FortiLog, FortiResponse, FortiCarrier, FortiScan, FortiDB and FortiWeb. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties, such as Interbolsa, and Fortinet does not independently endorse such statements. This news release may contain forward-looking statements that involve uncertainties and assumptions. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to, any statements related to expected trends in cybercriminal activity. These trends are difficult to predict and any stated expectations regarding these trends may not ultimately be correct. Fortinet assumes no obligation to update any forward-looking statements, and does not intend to update these forward-looking statements.

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