ASX Upgrades Its Technical Architecture to Improve Requirements for Business Productivity with JBoss Middleware
Australia’s primary securities exchange uses Red Hat to deliver
greater stability and performance across mission-critical applications
RALEIGH, N.C.--(BUSINESS WIRE)--
Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source
solutions, today announced that the Australian Securities Exchange
(ASX), one of the world’s leading financial market exchanges and the
first major financial market open every day, has successfully migrated
mission-critical legacy applications to Red Hat JBoss Enterprise
Application Platform (JBoss EAP).
ASX first deployed JBoss EAP in 2011 as part of a Red Hat Global
Services implementation aimed at modernizing legacy technologies and
using JBoss EAP to increase reliability, speed to market, and facilitate
the introduction of customer-centric web applications. In pursuit of the
company’s goal to become the world’s most respected financial
marketplace, ASX knew it needed to upgrade to more stable, consistently
performing, cost-effective applications. After the initial ASX Online
Company migration to JBoss EAP in 2012 yielded a go-live environment
that was robust and stable, with lower server support costs and more
time for developers to focus on innovation, ASX used JBoss EAP to build
the ASX.com backing API and the Sharemarket
Game, which currently accommodates more than 20,000 players. ASX is
a high-traffic site and JBoss EAP helps deliver improved user experience
and website performance with greater back-end stability. ASX now runs
critical B2B applications on Red Hat, including the ASX
Online, which is at the center of Australia’s capital market, as it
is a regulatory requirement for all financial market participants. Every
day, key stakeholders are using it to update prices, issue company
announcements and deliver critical reporting to the market.
As a public service, ASX faces intense regulatory and compliance
scrutiny. If the company’s websites and web properties are down or
unavailable, the general public may mistakenly assume that the market is
down as well. JBoss EAP delivers more consistent stability, uptime,
performance and flexible functionality. Other benefits observed with Red
Hat include:
-
ASX’s website and application reboot times are 60 times faster than
with the legacy application, enabling quicker recovery to minimize
associated risk
-
The ability to have self-healing applications: no manual intervention
required to re-establish database connectivity for applications when
lost
-
On-site training from Red Hat Enterprise Linux certified trainers,
quick response time for customer services requests
-
Cost-effective platform cut operating costs in half
-
Automated platforms free up developers’ time from the day-to-day
maintenance tasks to focus on innovation
-
Increased security and stability to function in a highly regulated
industry, with reduced downtime
-
Consistent and frequent automatic updates, avoiding disruption to user
workflows
Supporting Quotes
Theresa Payne, senior manager, Web Development and Support, ASX
“Red
Hat’s focus on building transformational, next-generation technologies
made it a clear-cut decision for us to deploy Red Hat JBoss Enterprise
Application Platform for our mission-critical applications. With Red
Hat, we get the training, support and technical expertise necessary to
help keep our applications - especially those that brokers interact with
every day to report the markets - running smoothly, and provide a great
user experience for our website visitors.”
Mike Piech, vice president and general manager, Middleware, Red Hat
"Financial
services organizations building next-generation applications require not
just rock-solid reliability and robust security featuresbut also
the ability to change with lightning speed. This unique combination of
dependability and agility has long been a hallmark of Red Hat JBoss
Middleware, and we are delighted to see it employed by ASX in this
critical role for the Australian financial market."
Additional Resources
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relevant, innovative technologies that liberate resources for growth and
prepare customers for the future of IT. Learn more at http://www.redhat.com.
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Red Hat, Inc.
Gaby Berkman, +1 978-392-2495
gberkman@redhat.com
Source: Red Hat, Inc.