Financial Services Firm Remains Compliant with Prostor InfiniVault®
The Situation:
Providing services for the equities trading market is one of the most regulated, compliance-driven, and data-intensive industries on the planet. Furthermore, advancements in data-gathering technologies, forecast modeling, and the Internet have resulted in significant challenges in delivering, managing, and storing financial information.
The Challenge:
Selero, a financial services company providing automated trade execution and connectivity solutions for the equities trading marketplace, needed a cost-effective, scalable, archive and retention management solution to help it achieve economic and operational benefits. Their solution needed to consolidate disparate storage resources, reduce backup and recovery windows, effectively use floor space and power supplies, and comply with government regulations on data retention management.
The Solution:
The ProStor InfiniVault storage system proved ideal because it offered numerous benefits in the areas of economics, green storage, implementing business and compliance rules, and ease of use. Coupled with its cost-of-ownership advantage over time as compared with other hard disk, tape, and optical disk offerings, ProStor InfiniVault was the clear choice.
“Lots of companies will say they’re compliant until auditors take a look and tell them they’re not; then it’s too late.”
—Steve Robertson
Vice President of Engineering and Operations, Selero
