OTE Group has undertaken the development, management and support of the overall network infrastructure of the European Securities and Markets Authority (ESMA) in Paris, for the next ten years, as the leader of the OTE-SWORD FRANCE association of companies. The project includes the provision and support of network infrastructure as-a-Service, which will contribute to cost reduction and to the improvement of the organization’s agility and efficiency.

The independent European authority, ESMA, which is responsible for enhancing investors’ protection and promoting the stable and orderly functioning of Europe’s financial markets, is transferred to its new premises at the French capital. OTE Group will be providing services such as wired and wireless local area network (LAN and WiFi), Virtual Private Network (VPN), Remote Access to organization’s information systems, Internet Access, Cloud Connectivity & Cloud Access Security Brokerage, as well as Colocation (Hosting) and other ad hoc services.

OTE Group's experienced and specialized staff will ensure the smooth operation and technical support of network infrastructures as managed services in 24/7, based on strict Service Level Agreements (SLAs), by utilizing advanced proactive monitoring and management systems. The solutions provided can be expanded or limited depending on customer’s needs.

OTE Group’s Chief Commercial Officer Business Segment, Mr Grigoris Christopoulos stated: “Its top network know-how, combined with its innovative and fully customizable ICT solutions, make OTE Group a partner of choice for any enterprise, in Greece and abroad, seeking to enhance its agility and efficiency in the new digital era. We are pleased that more and more European organizations entrust us with large-scale and complex ICT projects. With technology, we create a better world for all".

About the European Securities and Markets Authority (ESMA)
ESMA contributes to enhancing the protection of investors and promoting stable and orderly financial markets in the European Union. ESMA has 3 objectives:

1. Investor protection: ensures best customer service for financial services customers and enhances investors’ rights while also, it acknowledges their obligations;
2. Orderly markets: promotes the integrity, transparency, efficiency and proper functioning of financial markets, as well as stable market infrastructures;
3. Financial stability: enhances the financial system to tackle shocks and fiscal imbalances and encourages economic growth.

ESMA is also responsible for coordinating the measures taken by the supervisory authorities in the securities field and for taking emergency measures in the event of a crisis.