US-based Juniper Networks will deploy a high-performance, ultra-scalable next-gen enterprise data center network infrastructure for Swiss financial services firm UBS.

UBS is headquartered in Zurich and Basel, Switzerland and has offices in over 50 countries and is present in all major financial centers.

UBS said it plans to implement key components of Juniper Networks MetaFabric architecture - an open standards-based architecture with routing, switching, security, management and orchestration solutions - to support the bank’s current and future business goals.

Juniper said its network architecture will serve as the building block to help virtualize multiple UBS data center environments.

Juniper Networks' CEO Shaygan Kheradpir said banks are re-engineering their business models because of a change in market and regulatory conditions as well as a change in customer behaviour.

“Managing this transformation in financial services requires an intelligent High-IQ network infrastructure that knows how to fluidly adapt to business demands," Kherapir said.

"It also requires building private clouds that deliver applications with high performance and agility.”