Customer Story
A leading multi-asset exchange faced critical visibility gaps and scalability failures with its legacy NDR vendor. The incumbent solution struggled with high-speed hybrid environments, causing excessive alert noise and blind spots. By upgrading, the exchange eliminated these bottlenecks to secure its vital listing, trading, and clearing operations.

PLATFORM
Overview
The exchange selected the ExtraHop modern NDR platform to displace the incumbent, successfully delivering:
ExtraHop eliminated critical east-west traffic and unmanaged asset blind spots; it provides native, line-rate decryption and broad protocol support.
The exchange secured sensitive, time-critical trading databases without introducing performance impact to core revenue streams.
The Security Operations Center (SOC) achieved a massive reduction in alert noise, shifting from tuning false positives to focusing on high-priority threat hunting.
ExtraHop provided a robust, scalable security solution that seamlessly integrated with the exchange's existing CrowdStrike, Active Directory (AD), SIEM, and SOAR platforms, overcoming the incumbent's integration and scalability failures.
Challenge
As a leading multi-asset exchange, this organization operates at the absolute cutting edge of the financial world, requiring zero downtime, zero performance degradation, and an imperative for flawless security execution. Its expansive and critical hybrid/multi-cloud environment, housing time-sensitive trading databases, presented a significant challenge to the existing security architecture and incumbent NDR solution.
The incumbent NDR vendor left unacceptable blind spots in the network. It lacked native, line-rate decryption capabilities, meaning threats hidden in critical east-west traffic and communications with unmanaged assets it missed completely.
Due to the exchange's high-speed operational demands, the security tool had to provide zero-latency monitoring for time-sensitive trading databases to avoid compromising trade execution speed or affecting core revenue streams. The incumbent failed to meet this demand.
The incumbent solution failed to scale across the organization’s diverse hybrid/multi-cloud environment, resulting in inadequate coverage and performance issues that risked a security failure as the exchange scaled its operations.
The incumbent tool's noisy, low-fidelity alerts caused significant SOC alert fatigue, obscuring critical threats and forcing analysts to tune filters instead of responding to incidents. Furthermore, poor SIEM and SOAR integration limited automation and centralized visibility, hindering efficient response efforts.
Solutions
ExtraHop successfully displaced the incumbent NDR vendor by proving its ability to provide unified security coverage that met the exchange's strict performance and scalability requirements with the proven benefits of a modern NDR platform.
The key outcomes and advantages delivered to the company include:
The automotive parts leader secured the required forensic depth and network control when it deployed ExtraHop, which analyzes 100 Gbps of east-west traffic and uses high-speed decryption to immediately find threats previously hidden within encrypted flows.
The cloud-scale machine learning built into the ExtraHop platform reduced the SOC's operational burden by providing high-fidelity, low-noise detections. This shift allowed analysts to move their focus from low-value false positives to highly reliable network activity, signaling true post-compromise threats and endpoint detection and response (EDR) evasion tactics.
The security team achieved comprehensive insight by using identity-based investigation, which links malicious network activity directly to user and service accounts, finally enabling the detection of all missed AD and lateral movement attacks.
ExtraHop fundamentally simplified incident response workflows because it established itself as the definitive source of network truth, automatically feeding high-value contextual data to the customer’s existing SIEM and EDR platforms.
The organization gained efficiency and reduced complexity by consolidating NDR, NPM, and IDS capabilities into one unified, integrated solution for comprehensive network security and observability.
The global exchange mitigated major risk by gaining deep fluency (parsing over 90 protocols) that allowed for accurate decoding of all traffic, including sensitive database communications, without introducing performance risk. This was critical for detecting hidden AD attacks and lateral movement.
Results
The global exchange achieved immediate, transformative security improvements following the deployment of the ExtraHop NDR platform.
The exchange successfully replaced the incumbent, fixed east-west visibility and unmanaged asset blind spots, and solved long-standing scalability and integration issues.
ExtraHop provided essential visibility for sensitive trading databases, allowing the organization to proactively protect core revenue streams without compromising crucial trade execution speed.
The organization achieved a substantial reduction in alert noise with high-fidelity detections, empowering analysts to shift their focus from tuning and noise reduction to high-priority incident investigation and threat hunting.
The new platform closed all integration gaps, providing seamless, high-value data feeds to CrowdStrike, Active Directory, and their centralized SIEM/SOAR systems.
For the first time, the organization gained a scalable and holistic security solution across its entire hybrid/multi-cloud enterprise, overcoming the incumbent's inability to keep up with the technical footprint.