Banco Santander International has awarded Global Crossing contracts to converge its voice, video and data traffic in the United States and Latin America over a single Internet Protocol (IP) network.
The bank is utilizing Global Crossing Managed IP VPN Service to transport voice and data between Miami, Montevideo and New York, as well as Global Crossing’s IP video solution for videoconferencing among the bank’s offices in Miami and New York in the U.S. as well as in Uruguay and Spain.
“We sought a single provider that could deliver a converged, managed solution with the level of security we require as a leading global bank,” said Agustin Abalo, senior vice president and CIO, director of operations of Banco Santander International. “Global Crossing’s security features, 99.999 percent performance guarantees, service level agreements, scalability, network resiliency and reach are truly superior in the marketplace, particularly in Latin America. In addition, Global Crossing’s managed solutions free our IT staff to concentrate on other business-critical functions while Global Crossing manages the network.”
This agreement underscores the explosive growth of demand for converged IP services around the globe and in Latin America. In 2005, Global Crossing saw its number of converged IP customers triple, with IP VPN traffic growing more than 300 percent. The convergence of data, voice and video onto a single IP-based platform yields simplicity in network design and administration, as well as connectivity, billing and customer care. Combining Global Crossing’s converged solution with managed services allows customers like Banco Santander International to further simplify their network solution and enables them to focus on managing their core business.
“We’re delighted to be serving world-class financial institutions such as Banco Santander International with the highest levels of security, technology and customer support,” said Jose Antonio Rios, Global Crossing’s international president and chief administrative officer. “This agreement is a testament to Global Crossing’s increasing reputation as IP provider of choice to global corporations.”