Banco Votorantim, Brazil’s fifth largest private bank in assets, will implement Ciena’s industry-leading packet-optical platform to modernize its database and migrate to the cloud in an effort to provide innovative banking services to more than four million customers.
Headquartered in São Paulo, Banco Votorantim operates in the corporate and investment banking, asset management, private bank and retail segments.
Banco Votorantim’s deployment of Ciena’s WaveLogic-powered 6500 Packet-Optical Platform will allow the bank to scale its Fibre Channel connectivity up to 32Gbps and its Ethernet connectivity up to 100Gbps on a single and compact platform. This will enable seamless migration to the cloud from Banco Votorantim’s data center for improved data accessibility, disaster recovery services and network flexibility.
Banco Votorantim is modernizing its network and migrating to a cloud environment to accelerate capacity expansions, reduce operational costs and ensure “always-on” access to applications and data. The new Ciena-built network will lay the foundation to support up to 16Tbps of traffic and provide the agility, reliability and ultra-low latency required to manage mission-critical applications.
In addition, Banco Votorantim will have access to Ciena Services, which include onsite and operations assistance, technical support, training and knowledge transfer to support the digital platforms that underpin the bank’s mission of staying close to the customer.
“Working with Ciena reinforces our commitment to accelerating digital transformation within the finance sector. The investments we’ve made to our infrastructure during the last several years, including the upcoming migration of some of our applications to the cloud, will position us to provide better experiences for our customers,” Luis Eduardo dos Santos, Technology Manager, Banco Votorantim.
“Banco Votorantim is leading the charge for the next-generation of banking in Brazil. Investing in technologies like our 6500 will provide a more reliable network to better support customer transactions that are increasingly taking place virtually versus face-to-face,” Fernando Capella, Brazil Country Manager, Ciena.
Banco Votorantim is Brazil’s fifth largest private bank in assets. It has a strong shareholder base, Banco do Brasil, one of the largest financial institutions in the country, and Votorantim S.A. – one of the largest private conglomerates in Latin America.
In recent years, Banco Votorantim has grown and expanded its scope of operations, seeking to increase its revenue base through a diversified business portfolio, partnerships and excellence in customer service.
Ciena is a networking systems, services and software company. Ciena provides solutions that help its customers create the Adaptive Network™ in response to the constantly changing demands of their users.
By delivering best-in-class networking technology through high-touch consultative relationships, we build the world’s most agile networks with automation, openness and scale.