Can you continue to cost-effectively store ever-growing volumes of financial data?
Across the financial services industry, the volumes of unstructured data are growing. In addition to data produced by traditional databases and transaction processing systems, document-intensive operations like loan applications and claims processing as well as collecting “tick-level” trading data, archiving audio monitoring of call centers, and maintaining workgroup servers and mobile storage for employees are creating still more files to store. Banks, insurance companies, asset managers, and other institutions also must comply with stringent data retention and accessibility regulations. Tape storage makes it difficult to meet compliance requirements for data accessibility, and SAN and NAS are costly at the needed scales. Tiering storage means perpetually adding to already complex environments. Moreover, the businesses' service expectations are increasing even if they cannot tell you what they will need 6 months from now.
The Nirvanix Cloud Storage Network delivers on-demand storage that flexibly scales from terabytes to petabytes at a fraction of the cost of in-house tiered storage. You can consolidate unstructured NAS and tape storage into one accessible archive, eliminating the complexity and expense associated with building out tiered storage. Our policy-based replication and robust security measures meet regulatory demands. Moreover, our solution consultants can help you to apply best practices and standardize your storage service catalog, using the Nirvanix cloud to achieve unsurpassed efficiencies.