Case Studies > FXCM Inc. Enhances Network Security with Check Point Solutions

FXCM Inc. Enhances Network Security with Check Point Solutions

Technology Category
  • Cybersecurity & Privacy - Network Security
  • Sensors - Temperature Sensors
Applicable Industries
  • National Security & Defense
  • Retail
Applicable Functions
  • Quality Assurance
Use Cases
  • Inventory Management
  • Tamper Detection
Services
  • Cybersecurity Services
  • Hardware Design & Engineering Services
About The Customer
FXCM Inc. (NYSE:FXCM) is a global provider of online foreign exchange trading and related services to retail and institutional customers. The company acts as an agent between retail customers, and a collection of global banks and financial institutions, offering access to over-the-counter foreign exchange markets through its proprietary technology platform. Operating across 15 global offices, FXCM serves approximately 200,000 retail customers and 200 of the world’s top hedge funds and banks.
The Challenge
FXCM Inc., a global online foreign exchange trading service provider, was facing challenges in securing its distributed network environment. The company, which serves approximately 200,000 retail customers and 200 of the world’s top hedge funds and banks, operates across 15 global offices. The challenge was to find a robust network security solution that could be deployed regionally and managed centrally by a small dedicated staff. The solution needed to provide robust integrated security, high-performance data center grade hardware, simplified network security management, administration, and reporting, and be part of a single vendor eco-system.
The Solution
FXCM Inc. turned to Check Point for a solution. Check Point provided FXCM with its 12000 series appliances to secure the link between FXCM’s data centers, large offices, and liquidity sources. These appliances offered FXCM a mix of flexibility, performance, and high port density, enabling it to support multiple lines at various rates on a single appliance. The 12000 appliances also provided hot-swappable redundant hard drives and power supplies to ensure business continuity and serviceability. Additionally, FXCM utilized Check Point's 4000 series appliances to secure communication between some of its smaller branch offices and datacenters. The Software Blade Architecture of Check Point enabled FXCM to take a layered approach to security by deploying multiple security tools on individual appliances. FXCM also leveraged Check Point Multi-Domain Security Management to manage, monitor, and administer its global security policies from a single, centralized console.
Operational Impact
  • The Check Point solution provided FXCM with a robust, high-performance network security solution. The integrated security offered by Check Point's Software Blade Architecture gave FXCM a flexible, integrated, and extensible security solution. The centralized management feature of Check Point's solution simplified FXCM's complicated environment, providing comprehensive reporting that streamlined and shaved days off the auditing processes. The increased visibility enabled FXCM to see its entire security eco-system from a single pane of glass. The Check Point solution ensured that FXCM complied with PCI, SOX, CFTC and other domestic and international regulatory audits.
Quantitative Benefit
  • The ability to roll out 10 Gbps has been a huge driver for FXCM.
  • The Check Point 12000 series appliances offer excellent price performance at multi-gigabit speeds.
  • Centralized reporting with Check Point solutions shaves days off FXCM's compliance audits.

Case Study missing?

Start adding your own!

Register with your work email and create a new case study profile for your business.

Add New Record

Related Case Studies.

Contact us

Let's talk!
* Required
* Required
* Required
* Invalid email address
By submitting this form, you agree that Asia Growth Partners may contact you with insights and marketing messaging.
No thanks, I don't want to receive any marketing emails from Asia Growth Partners.
Submit

Thank you for your message!
We will contact you soon.