Finance and Banking: Reliable, Secure Solutions to Address the Challenges Affecting Financial Institutions
Fueled by new and evolving regulatory requirements, industry consolidation and increased competition, financial services institutions are facing a host of IT challenges today.
- Increased application and infrastructure demands for a rapidly growing mobile market
- Rising security concerns for wireless technologies
- Rigorous compliance and regulatory requirements that are continually changing
- Shifting business strategies as a result of mergers and acquisitions
- Stringent regulations for business continuity and disaster recovery
- Vague or non-existent regulatory and compliance requirements for newer technologies such as virtualization and cloud computing
StraTech provides the technology-based solutions to address these business concerns. We help mitigate risk, optimize infrastructures, and ensure flexibility through comprehensive IT solutions that focus on:
- Asset Optimization
- Data Protection
- Data Center Efficiency
- Disaster Recovery and Business Continuity
- Virtualization and Cloud Computing
- Risk Mitigation
- High Availability
- IT Support Services
- Long-term Operational Support
Whether an international lending giant, commodities trader, insurance company, or a local bank, StraTech provides enterprise solutions that remedy the toughest IT challenges.
Challenge #1: Infrastructure Optimization
Information security and data protection have long been a top priority for the financial services industry; enormous amounts of stored data have monetary value making it the target of countless security threats. Regulatory and compliance standards reinforce security requirements predominantly surrounding administration, storage, and accessibility. In addition, financial institutions are subject to scrutiny by a number of government and law enforcement agencies.
As a result, financial services organizations must invest capital and operational resources in the latest technologies and processes to address information security and data protection challenges. StraTech provides IT solutions that maximize the IT spend while considering the business as a whole — a blend of products and solutions developed to address specific industry concerns.
Security and data protection strategies to optimize the IT infrastructure include:
- Integration with data storage and date encryption applications
- Consolidation of environments
- Improvements to current backup configurations and policies
- Technology refresh with emphasis on availability and manageability
- Utilization of services to improve reliability and operational efficiency
Customer Case Study: Storage inefficiencies, data growth challenges, and data management problems solved with StraTech SAFE™.With an aggressive growth and acquisition strategy, KapStone was left with disparate file management policies and no single point of data management. The deployment of StraTech SAFE improved manageability, lowered costs associated with storing critical data, and reduced file sizes by 86%, allowing KapStone to reclaim existing storage at no additional cost. Read more… |
Challenge #2: Institutional Risk and Information Management
Today, financial institutions are confronted with a broad range of risk — from a network shut down that paralyzes the business to liability for failure to protect private data. And the list keeps growing. The key to mitigating risk is sound information management that focuses on security and availability.
StraTech offers a comprehensive approach to risk and information management based on industry-leading best practices. Our goal is to help financial services organizations better understand, manage, and control the IT environment — through people, process, and technology — to reduce both risk and cost.
Our products and services empower financial institutions to become more efficient and profitable in the face of unpredictable and ever-changing external pressures. Through IT solutions that target disaster recovery and business continuity, as well as high availability and regulatory compliance, StraTech offers a business framework for better managing information risk, allowing the organization to operate more efficiently while deriving maximum value from the IT investment.
Customer Case Study:Global Banking Giant Saves Big With New IT InfrastructureImpending industry changes to security procedures prompted this banking giant to take action to better support the increase in compliance regulations. The end result was 100% increase in capacity system resources and a savings of $25K in monthly operating costs. Read more... |
Challenge #3: Customer Channels and Intelligence
The commoditization of financial services has driven many financial institutions to focus on service differentiation initiatives that improve the customer experience making a reliable, secure, and efficient IT infrastructure even more vital. Processing customer information and using it to personalize programs and services demands high availability and performance. StraTech has the capabilities to ensure your IT infrastructure is stable and accessible 24x7x365 while you focus on more important things — your customers.
Customer Case Study: Bank's IT Investment Yields Large ReturnThis large US bank was faced with numerous challenges in effectively managing mission critical information. StraTech conducted a Storage Assessment to identify and prioritize business requirements, map IT technologies and processes to business drivers, and deliver a demonstrable ROI across key areas in the data center. Read more… |
Customer Case Study: Managed Backup Helps Global Financial Services Company Protect Mission Critcal DataRapid information growth was creating major IT challenges for this international financial services company — poor backup success rates, difficulty in ensuring quick data recovery, and an increasingly complex IT environment that was fast becoming costly and inefficient. StraTech addressed these concerns with a phased approach to improvements and an actionable plan that provided the data protection processes required to comply with industry regulations. Read more… |
