US-based Cisco Systems is to deploy a Cisco Internet Protocol (IP) Communications system to support 14,000 financial advisors in approximately 600 Merrill Lynch offices nationwide. Running on an end-to-end Cisco switching and routing foundation, the solution delivers IP telephone hardware and robust security architecture. The solution will be supported by a broad array of services including Cisco Remote Operations Services and Cisco Advanced Services. The system will be rolled out in the second half of 2005. “We are pleased to extend our long-standing relationship with Merrill Lynch to provide an IP Communications system to its extensive branch office environment,” said Charles Giancarlo, senior vice president and chief technology officer for Cisco. “We will build a ‘front-office’ solution for Merrill Lynch that will be used by Financial Advisors for day-to-day interactions with their clients. This strategic deployment will provide Merrill Lynch with productivity benefits and cost savings, demonstrating the strong value proposition of Cisco’s IP telephony business solutions.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
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