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Aryaka Gets Peach of an Account

Aryaka has picked up a showcase account: the $250 million-a-year Calypso Technology

Aryaka has picked up a showcase account.

This one isn’t shy like so many others. It’s willing to talk about it. It’s the $250 million-a-year Calypso Technology, which provides financial institutions and corporate treasuries with an integrated trading, risk and processing platform for derivatives and treasury products.

Calypso’s picked what many regard as a disruptive technology.

Its 700 people are spread across 18 offices across the globe. That, of course, was the problem. It needed to keep its folks in touch and they were complaining about slow application response times.

To improve its network, Calypso considered going the pricey route and putting resources closer to its users or getting a fully meshed Multiprotocol Label Switching (MPLS) network with WAN optimization appliances.

Neither solution was utterly appealing. But things had gotten critical, according to Brad Taylor, Calypso’s global director of technology operations, and the company figured it made better sense to go with a service model. So it deployed Aryaka’s intelligent network since it could be deployed in minutes rather than months.

It turned on its offices in North America, Europe and India one-by-one in a month after being reassured by a proof-of-concept in seven days. It found that Aryaka resolved its issues with latency, bandwidth scaling and sharing large files over long distances as a service.

Applications including SCP over SSH, HTTP, HTTPS reportedly run as much as 20 times faster on Aryaka than on costly and complex WAN optimization appliances. Subversion (SVN) source code checkout runs 13 times faster. Its widgetry can burst to 140% of subscribed bandwidth on Aryaka and, it says, it now gets stable core latency between locations resulting in a better end-user experience.

Calypso saved hundreds of thousands of dollars by not investing in more data centers or a MPLS infrastructure. Aryaka, which has in mind to become a $100 million company, has a potential market of 10,000 mid-market companies. It’s got $54 million in venture capital.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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