Government regulations such as the Sarbanes-Oxley Act, Gramm-Leach-Bliley Act (GLBA) and European Data Protection Act require financial
institutions to have an effective business continuity plan to protect operations and the integrity of customer data.
Banks and insurance companies must safeguard customer account information. Brokerage firms need accurate transaction records.
The challenge is to find a way to achieve these results at an affordable price tag.
High Availability and Disaster Recovery for Financial Services
IT professionals at banking, insurance, brokerage and other financial services organizations understand the importance of protecting
business-critical applications and the consequences of business interruption. There are tangible losses such as revenue, breach of contracts,
or ratings downgrades that may result from a business outage and intangible losses, like the impact on reputation, market share or employee retention.
Financial service providers are looking for High Availability and Disaster Recovery solutions that:
Protect Data.
The security of company data – from personal employee information to confidential customer records to transaction history -
is a primary driver for the disaster recovery services of financial institutions.
Provide Continuous Access to Business-Critical Applications.
Global capital markets require 24x7 operations. Employees and customers must be able to connect to business-critical applications
at any time, day or night, even in the event of a disaster.
Provide Continuous Access to Business-Critical Applications.
The current regulatory climate requires the implementation of policy, process management, monitoring and reporting solutions
that ensure accountability and compliance with all National and International policies, from Sarbanes-Oxley to the Data Protection
and Freedom of Information Acts.
Provide Continuous Access to Business-Critical Applications.
Financial services CIOs are getting increased pressure from presidents, board members and other corporate executives to develop and test their disater recovery strategies.
