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Posted Date: 7/11/2011

Security-Conscious Financial Firm Deploys Aerohive Wi-Fi

Aerohive Networks, a provider of controller-less Wi-Fi and cloud-enabled networking solutions, announced that Folio Investing has selected Aerohive to upgrade its corporate Wi-Fi solution and enhance collaboration among its highly mobile employees. Aerohive was chosen for its strong security.

  • Based in McLean, Va., Folio Investing is a leading online brokerage whose high-tech approach to investing is used by thousands of retail investors and registered financial advisors. Folio’s unique flat-fee pricing plan allows investors to buy, manage and rebalance a fully diversified portfolio without ever paying trading commissions.
  • Folio Investing selected Aerohive on the basis of its strong security for corporate employees and visitors needing guest wireless access. A guest, or employee with a personal device, can access the internet while remaining completely and securely segmented from the corporate Wi-Fi and wired networks.
  • Folio learned about Aerohive through its VAR Alliance Technology, while doing its due diligence in searching for a wireless network that would best meet its needs. Other vendors were considered, but Aerohive’s controller-less architecture was hands down the best choice.
  • With the wireless upgrade, Folio Investing’s network reliably handles bandwidth-sensitive applications such as voice over Wi-Fi. For example, the company is running Cisco’s voice over Wi-Fi solution on its Aerohive WLAN, and it has loaded telephone software onto staff laptops. Employees may take phone calls or participate in video chats from anywhere in the building, streamlining the ease of collaboration.
  • To read the full Folio Investing case study, please visit http://www.aerohive.com/resources/folio-investing
“Aerohive met all of our requirements – it was the best for us in terms of cost and value add,” says Eric LeSatz, VP of technical operations, Folio Investing. “The cost of installing everything is modular with Aerohive, so we avoided that big up-front cost you get with the controller-based vendors.”
 
“Aerohive’s HiveManager Network Management System (NMS) is allowing us to control and manage the Wi-Fi, and to troubleshoot any problems from a central location,” says Tim Reynolds, VP of network and infrastructure, Folio Investing. “We also can centrally manage APs and the process of providing updates.”

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