Ushering in a New Era of Extreme Private Networking and Evolved Financial Extranets
April 20, 2021
Private networks connecting communities of interest and commerce are not new.
As IP networking took off thirty years ago, and more high-speed connectivity became available around the world, financial institutions began to move their traffic off of complex, expensive circuit-based networks on to Internet Protocol private networks, made possible with technologies including Multiprotocol Label Switching (MPLS), a routing technique in telecom networks that directs data from one node to the next based on short path labels rather than long network addresses, avoiding complex lookups in a routing table and speeding traffic flows.