Pakistan Stock Exchange: In-depth visibility across a complex IT environment
Customer Company Size
Large Corporate
Region
- Asia
Country
- Pakistan
Product
- IBM QRadar Network Security (XGS)
- IBM QRadar SIEM
- IBM Security AppScan
- IBM X-Force Threat Intelligence
Tech Stack
- IBM QRadar
- IBM Security AppScan
- IBM X-Force
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Productivity Improvements
- Customer Satisfaction
Technology Category
- Cybersecurity & Privacy - Network Security
- Cybersecurity & Privacy - Security Compliance
Applicable Industries
- Finance & Insurance
Applicable Functions
- Business Operation
Use Cases
- Cybersecurity
Services
- System Integration
About The Customer
Formed in 1949 as Karachi Stock Exchange (KSE) and renamed Pakistan Stock Exchange (PSX) after integration of two stock exchanges into KSE in January 2016, PSX provides a seamless electronically integrated securities trading platform nationally with a market capitalization of USD 97 billion and 550 listed companies. As one of the best performing stock markets in Asia, PSX must take a proactive approach to data security and compliance to maintain investor confidence.
The Challenge
With rapid growth and new IT-enabled services like online trading, Pakistan Stock Exchange (PSX) needed better ways to monitor its complex IT infrastructure to identify security threats and respond quickly and effectively. As one of the best performing stock markets in Asia, PSX must take a proactive approach to data security and compliance to maintain investor confidence. The challenge was to protect its assets and provide a seamless electronically integrated securities trading platform nationally.
The Solution
To help protect its assets, PSX turned to IBM for an integrated analysis and monitoring SIEM solution. The solution components include IBM QRadar Network Security (XGS), IBM QRadar SIEM, IBM Security AppScan, and IBM X-Force Threat Intelligence. These tools provide a single-console view of threats as they happen and the tools to address them, thereby increasing visibility into the network and infrastructure.
Operational Impact
Quantitative Benefit
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