Cost-Effective Storage Solutions for Financial Services

Cost-Effective Storage Solutions for Financial Services

Meet Compliance Mandates & Maintain a Competitive Edge

financial services storage guide

While rich data is invaluable for a competitive edge, personally identifiable information (PII) that financial services organizations collect must be located in their data centers, secure, encrypted, and optionally masked or anonymized and fully protected against ransomware threats. And PCI data regulations are even more stringent.

Cloudian HyperStore has the most data security certifications of any on-prem object storage. For financial services organizations, it makes an ideal backup target that can provide end-to-end data protection to meet compliance requirements, while also enabling fast and easy data access to meet business needs at up to 70% less cost.

Read this eBook to learn how to:

Customers

Get US Government-Certified Data Security with Cloudian Object Storage

Read the Cloudian HyperStore SEC17a-4 Cohasset Assessment Report

Cloudian HyperStore 7.2 meets the Federal Information Processing Standard (FIPS) Publication 140-2 Security Requirements for Cryptographic Modules (FIPS PUB 140-2). Get this compliance assessment from Cohasset Associates to learn how Cloudian HyperStore, when properly configured, also meets the following US government security standards:

  • SEC Rule 17a-4(f)
  • FINRA Rule 4511
  • CFTC Rule 1.31(c)-(d)

Other protection techniques can be compromised, so learn how your institution can get a truly immutable ransomware protection solution.

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Realize 60% TCO Savings in Splunk Environments with On-Prem Object Storage

Compare the economics of a traditional Splunk environment using local storage plus SAN/NAS to the newer Splunk SmartStore environment using Cloudian® HyperStore®—Cloudian’s on-premises S3-compatible storage solution.

Download this paper to learn how:

  • Splunk environments using SmartStore with Cloudian object storage provide over 60% savings over traditional Splunk environments in a 3-year TCO model.
  • Indexer infrastructure is reduced by almost 2/3 resulting in >60% savings of indexer cost
  • Storage infrastructure cost for retention data is reduced by >80% with Splunk SmartStore with HyperStore
  • Cloudian provides 100X the scalability of SAN/NAS at 70% less cost

Lock Ransomware Out with a Cloudian + Commvault Solution

25 percent of all malware attacks are aimed at banks and other financial services organizations — more than any other industry.

As ransomware continues to paralyze public and private financial institutions globally, Cloudian can provide you with a hardened and secure storage platform that offers in-built ransomware protection.

Cloudian HyperStore 7.2—seamlessly integrated with Commvault Complete Backup & Recovery—supports Object Lock, a defacto standard for implementing WORM, which allows backup data copies to be made tamperproof for a set period of time, preventing hacker encryption or deletion and ensuring a clean data copy for reliable recovery.

Other solution benefits include:

  • On-prem, disk-based storage for rapid data restore
  • Seamless Commvault integration
  • Industry’s lowest TCO (total cost of ownership) of any backup target
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Explore Ransomware Protection with Commvault

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Download Solution Brief

Prefer Veeam-Ready Immutability in your ransomware protection solution?

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Back Up & Protect Your Financial Institution’s Office 365 Data with Veeam & Cloudian

Microsoft Office 365 offers geo-redundancy, which protects your data held in Office from site or device failure. But it does not replace backup. With geo-redundancy alone, you have limited recovery options if your institution’s data is accidentally deleted or maliciously attacked.

For credit-decisioning data that needs to be stored for 7 years to meet compliance regulations and avoid fines, or data that is required to be kept for various periods to meet legal case or consent order requirements, data loss is simply not an option. But storing this rarely-accessed data on high-cost storage also does not make economical sense.

veeam object storage

Veeam Backup for Microsoft Office 365 (VBO) paired with Cloudian HyperStore protects your Office 365 data from accidental deletion, rogue employees, and malware. From VBO, Office 365 backups are stored directly to Cloudian, providing a fast, on-prem, disk-based data protection solution for your institution at up to 70% less cost than traditional storage solutions.

Get Started With Cloudian Today