How HPE is revolutionizing CMC Markets’ Australian operations with multi-million dollar deal

Hewlett Packard Enterprise (NYSE: HPE) has embarked on a transformative partnership with CMC Markets plc, a leading retail stockbroker in Australia. The collaboration, valued at several million dollars, will modernize CMC Markets’ Australian operations using the advanced capabilities of HPE GreenLake cloud. This strategic move is set to enhance CMC Markets’ infrastructure, providing a scalable, flexible, and high-availability architecture that will support the company’s growth across the Asia-Pacific region.

Key Points

– Transformation through HPE GreenLake Cloud: The deal will transition CMC Markets’ infrastructure to HPE GreenLake, which includes HPE ProLiant DL360 and HPE ProLiant DX380 servers along with HPE Alletra 9000 storage. This upgrade aims to improve operational efficiency and support mission-critical workloads.

– Enhanced Operational Capabilities: The adoption of HPE GreenLake cloud is expected to boost CMC Markets’ operational capabilities by providing a cloud service model that offers high availability, security, and control, essential for the fast-paced financial sector.

– Strategic IT Management: HPE Services will manage the foundational IT assets, allowing CMC Markets to focus on expanding its product and customer offerings while maintaining financial flexibility and technological agility.

– Performance and Resilience: The modernized platform will deliver enhanced performance and resilience for CMC Markets’ trading platforms, crucial for maintaining a competitive edge in the financial market and improving customer experiences.

Hewlett Packard Enterprise’s Vice President and Managing Director for South Pacific, Chris Weber, emphasized the strategic importance of the partnership. He noted that the collaboration demonstrates how HPE GreenLake can revolutionize IT for financial services providers by offering the flexibility needed for innovation and expansion without the constraints of traditional IT systems.

Matthew Lewis, Director of CMC Markets and Head of APAC & Canada, highlighted the critical need for a responsive and adaptable IT infrastructure in the financial sector. He stated that with HPE GreenLake, CMC Markets will be able to scale operations efficiently and ensure that their trading platforms are always available and performing optimally, which is vital for enhancing customer experience and maintaining a competitive edge.

The upgraded technology platform is not only expected to improve operational efficiency but also to drive business agility and customer satisfaction. CDW, the partner responsible for facilitating the HPE GreenLake deal, is instrumental in this transition. Jonathan Valdes, CDW’s Country Manager, expressed pride in being a trusted advisor for both HPE and CMC Markets, stating that the infrastructure investment will significantly enhance customer experiences for CMC Markets in Australia.

This partnership marks a significant step forward for CMC Markets, positioning them to better meet market demands and maintain their leadership in the competitive fintech sector.