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Case Study   
"With critical business functions spread across the country, our systems infrastructure gives us instant access to people and information in other locations. Communication has improved dramatically; and it has helped us work more like one company." Patsy Dougherty, Sr. Vice President, Investor Relations

  

 
Focus on Infrastructure: ICON Capital Corp. - In the hyper competitive financial market place, Applied Software Technologies helped ICON Capital build a computer infrastructure that supports its unique business model.
   
Company Profile
ICON Capital Corp. is a fund manager with 16 years of experience in sponsoring equipment leasing investment programs. As the nation's 6th largest independent equipment finance/leasing company, ICON has acquired over $750 million of equipment, which it has managed in its funds for over 24,000 investors.
 
Issue
With offices across the country, ICON Capital is divided by location and by business function. New York City is the company's hub - which includes its financial, legal, and marketing operations. Its Boston office manages Investor Relations, while San Francisco is home to ICON Equity. ICON also communicates on a daily basis with the many dealer/brokers located across the country who represent ICON Securities.
 
 
Challenge
Reliable communication and the ability to share information between offices is critical to its business success. For that reason, ICON's chief concern was a network infrastructure that was foolproof. ICON needed a secure and cost effective solution to provide fast and round-the-clock connectivity between offices, remote sites, and dealer/brokers. In addition, compliance with Securities Exchange Commission regulations required a new method of archiving messaging information, and raised security concerns.
 
Solution
Applied Software began with the installation of a new Microsoft Windows-based server and network system. The Windows network offered a new level of stability for ICON. "We had inherited a disastrous computing environment, said Tom Martin, Executive Vice President, ICON Capital. "The Windows-based network has been rock solid, and has made huge difference in terms of reliability." Microsoft Exchange and Office were also implemented.

The Boston, New York, and San Francisco offices are connected via a virtual private network (VPN), which, rather than a dedicated T1 line, provides the most cost effective connectivity solution. A remote sales force and broker/wholesalers were also configured to connect through the VPN. Juniper Networks firewall and VPN technology was used to secure the connections and NetIQ's MailMarshal content filtering solution was also implemented.

In order to comply with regulatory messaging retention requirements, Applied Software Technologies implemented a solution to store and archive copies of e-mail and fax; a solution from IM-age was also implemented to capture and log instant messaging (IM) traffic.

To further enhance communication between sales and dealer/brokers, as well as to improve the dissemination of information to the dealer/brokers, a windows-based CRM software solution was also implemented.
 
Results
A reliable and secure network infrastructure that helps ICON work more effectively, without costly breakdowns
Improved communication, and access to information offers an estimated 18% in increased productivity, based on time savings from faster and more reliable connectivity, faster access to information, and instant messaging.
More effective collaboration due to the sharing of information, including schedules and calendars
A cost-effective support agreement with Applied Software that provides ICON with "exceptional support" from technical people who are dependable, intelligent, and technology savvy.
   
Contact For information on this case study, contact Lenna Garibian at lenna@appliedst.com