RealTime IT News

F5 Helps Ameritrade Speed Up

In addition to the large number of Northwest stocks traded through Ameritrade, the popular online brokerage firm now has another strong Northwest connection.

The Nebraska-based Brokerage has deployed F5 Networks, Inc.'s iTCM products to optimize system availability and performance for its customers managing accounts and placing agency trades over the Internet. Ameritrade and Seattle-based F5 launched the next phase of their relationship, with Ameritrade utilizing F5's iTCM products in its data centers that handle Internet transactions.

"Our technology investment has enabled us to set the standard for speed, efficiency and outstanding customer experience," said Jim Ditmore, Ameritrade Holding Corporation's chief information officer. "F5's iTCM products will continue to play an important role in our effort to enhance the customer's trading experience through our ongoing use of best-in-class technology."

"Ameritrade has helped redefine its industry by deploying a highly efficient operation in the brokerage and financial services space, while continuing to deliver value and service to its customers," said Jeff Pancottine, Senior Vice-President of Marketing and Business Development at F5 Networks. "It's exciting to see a company like Ameritrade aggressively and successfully leverage the web."