San Francisco—December 16, 2015— Riverbed Technology, the leader in application performance infrastructure, today announced that Russian financial institution, VTB Bank, has deployed Riverbed® SteelHead™ to improve application performance, employee productivity and end-user experience. According to VTB Bank, SteelHead has taken the pressure off the bank's over-subscribed network by decreasing data traffic by 62%, accelerating application performance and providing greater visibility and control of its business-critical applications.
VTB Bank (PJSC), its subsidiary banks and financial institutions (VTB Group), constitute a leading Russian banking group, offering a wide range of financial and banking services in Russia, CIS, Western Europe, North America, Asia and Africa. In Russia, VTB Group conducts its banking operations through a parent bank (VTB Bank) and its subsidiaries, the largest of which are the Bank of Moscow and VTB24. Subsidiary financial institutions of VTB Group provide services in the equity market, insurance services, leasing, factoring and other financial services.
At the time of implementation, the non-centralised bank system included 57 servers in Moscow and 57 servers in the remaining regions. The application and data traffic between branches passed through Moscow and put additional pressure on the network due to the ever-increasing growth in traffic.
To ensure high reliability, business continuity, and optimal application performance for both customers and employees, Riverbed was deployed as a comprehensive solution including:
"With the help of Riverbed we managed to decrease the volume of data transferred by 62% in all branches and data centers, thus freeing up bandwidth for critical business and multimedia applications," says Dmitry Nazipov, Senior Vice President of VTB Bank. "As a result, our employees were able to complete business transactions at a faster rate and improve productivity."
Riverbed SteelHead and the Riverbed Application Performance Platform™
The Riverbed Application Performance Platform™ gives CIOs end-to-end visibility, optimization and control across an entire enterprise. A key part of the platform, Riverbed SteelHead is the industry's #1 optimization solution for accelerated delivery of all applications across the hybrid enterprise. SteelHead provides increased visibility into application performance and end-user experience and the ability to ensure business performance SLAs through an application-aware approach to hybrid networking based on centralized business intent-based policies.
JSC VTB Bank, its subsidiary banks and financial organisations (VTB Group or the Group) comprise a leading Russian financial group, offering a wide range of financial and banking services and products in Russia, the CIS, and select countries of Europe, North America, Asia, and Africa.
The Group operates in Russia through the parent company VTB Bank and its five subsidiary banks. VTB Group's largest subsidiary banks in Russia are VTB24 and Bank of Moscow. Its subsidiary financial organisations offer insurance, leasing, factoring, and other financial services, as well as services on the stock market. VTB Group has the most extensive international network of any Russian bank, with more than 30 banks and financial companies in more than 20 countries. As of 31 October 2015, the Group was the second largest financial group in Russia by assets (RUB 12.62 trillion) and by customer accounts (RUB 7.32 trillion). The Government of the Russian Federation is VTB Group's main shareholder and owns 60.9% of its registered share capital through the Federal Property Management Agency. For more information please visit www.vtb.com
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