A Leap Towards Uninterrupted Connectivity in South Africa
Financial institutions across South Africa face several connectivity challenges, including unstable power grids, dependency on vulnerable terrestrial infrastructures, and increased risks from natural disasters. These challenges threaten the continuity of services, security of sensitive data, and the overall resilience of the financial sector. The fibre network infrastructure, which underpins most financial transactions, buckles during power disruptions. Repeaters in the network shut down, hindering vital financial processes and severing the link between institutions.
The South African Reserve Bank instructed banks on May 31st, 2023, to prepare contingency plans for scenario of total electricity grid collapse. Banks are required to have dedicated links between their operations housed at a Data Centre between the 3 major centres with the key link breaking out from Johannesburg to Europe and bypassing the entire telco network in South Africa.
The Solution
Avanti provides a dedicated satellite high throughput link between the designated required sites, providing diverse route network resiliency immune to terrestrial network outages. The link is able to provide over 1Gbps of capacity with presence in the main biggest data centre in Sout Africa.
Key features of Avanti’s solution for banks
Avanti’s financial solution delivers high throughput for major financial transaction backhaul and reliable links for branches and ATMs, even in the most remote areas.
- Reliable connectivity: Our satellite solutions guarantee constant availability, keeping your operations online 24/7.
- Security: We prioritise the protection of financial data, offering advanced encryption and security protocols.
- Integration: Our technology complements both modern and legacy banking systems, ensuring a smooth transition to improved connectivity.
- Quickly deployable: Avanti’s satellite and ground network infrastructure is immediately available to the banks.
The Results
A dedicated fully resilient connection using a HTP satellite, allows the banks to continue their most important banking applications, i.e. payments, trading and communication. The banks were able to demonstrate the following:
- Reliability amid power instability, by maintaining operational continuity.
- Complying with central bank requirements.
- Uninterrupted business continuity, safeguarding against operational disruptions and revenue loss.