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Nutanix's cloud solution is now powering Motilal Oswal Financial Services

Nutanix's cloud solution is now powering Motilal Oswal Financial Services
Photo Credit: Photo Credit: 123RF.com
29 Apr, 2019

Enterprise cloud computing software firm Nutanix has deployed its cloud solution at Motilal Oswal Financial Services Ltd to redesign the latter's information technology infrastructure.

Nutanix said it has installed a hyper-converged, virtualised software solution for the multi-cloud ecosystem that will enable a centralised management solution while utilising machine learning, predictive analysis and automated data movement to strengthen the company’s service delivery.

The US-headquartered Nutanix, which has founders of Indian origin, has developed One OS cloud software that helps enterprises work across multiple cloud vendors and platforms (private, public or hybrid) simultaneously.

Motilal Oswal Financial Services said that several of its business-critical applications ran on the Nutanix platform, including its in-house trading on RF3 and RF2, the customer relationship management (CRM) application Saathi, and critical high-performance databases. It added that its online trading application, MO Investor, which was developed in-house, as well as its mobile application, also ran on the Nutanix platform.

“Nutanix’s platforms have increased our application deployment speed, enhanced our virtual machine consolidation, and already registered a 300% improvement in distributed database queries, all the while significantly improving our management and monitoring of the entire infrastructure and reducing our overall infotech (IT) costs,” said Pankaj Purohit, head of IT at Motilal Oswal Financial Services.

Nutanix said that its cloud solution combined the agility and simplicity of the public cloud, with the security and control needed in a private cloud. Built on hyper-converged infrastructure, it integrated compute, storage, virtualisation and networking in a full-stack solution that runs most of the applications.

“Our software is built to enable workplace transformation for fast-growing companies that have no room for error. As Motilal Oswal looks to offer a tailored customer experience at scale to a wide spectrum of increasingly more demanding and sophisticated customers, we are helping them to underpin the entire transformation,” said Neville Vincent, Nutanix vice-president for Australia/NewZealand, Asean (Association of Southeast Asian Nations) and India.

According to Motilal Oswal Financial Services, Nutanix software and hypervisor upgrades were performed during weekdays, saving weekends for other infrastructure activities.

This is not Nutanix’s only partnership in April.

Early this month, enterprise technology giant Hewlett Packard Enterprise (HPE) had formed a partnership with Nutanix to provide hybrid cloud as a service.

Late last month, Nutanix had opened a new customer support centre in Pune -- its second in India.