Israeli Investment Management Firm Meitav Dash Installs Infinidat InfiniBox

Infinidat Ltd announces that Meitav Dash, an investment management firm in Israel, has deployed InfiniBox to turbocharge the performance of its customer applications and current environment to better compete in the marketplace.

With InfiniBox, Meitav Dash’s mission-critical application processing has been reduced from hours to minutes, enabling the internal team to focus on more strategic tasks.

Meitav Dash’s philosophy of investment is based on analysis, fundamental trading strategies, and long-term portfolio performance demanding consistency and expert capabilities. The firm shares a vision with Infinidat that is centered on reducing the risk, cost, and complexity of data accessibility to deliver long-term business results.

“Our application response times have improved by 200-300%, providing both our customers and our employees with a much better user experience,” said Gil Tsabar, CIO, Meitav Dash. “It is this user experience that helps us to grow customer and end-user loyalty.“

Meitav Dash needed a faster, more robust storage solution that would enable employees to be more responsive to clients, provide greater up-time and consume less maintenance time than its previous storage system. The firm’s managers wanted their business information and analytics systems to give them results in the blink of an eye, while the day traders who leverage the firm’s services were continuously seeking faster ways to act on opportunities in the market to improve their bottom line.

“We needed to enable our systems to be more responsive so we could react more quickly to market opportunities and be more competitive,” said Tsabar. “We also needed to ensure consistent performance as we grow to maintain that competitive edge.“

Meitav Dash selected InfiniBox after looking at half a dozen storage solutions, including all-flash arrays and legacy storage systems.

The firm’s main investment application uses the InfiniBox as the storage solution for its application servers and databases. When the firm first tested the InfiniBox for performance and ease of management, the systems team was amazed to find how fast it is and how easy it is to use. In addition, because datacenter power and space are at a premium, the ability to consolidate five to six racks of storage into one not only saved space and power, it enabled them to grow further without having to move to a new, costly datacenter.

“We realize more and more that we made the best decision to go with Infinidat. They have the knowledge and experience to build great systems,” said Tsabar. “We’ve increased speed and up-time while we’ve decreased maintenance and achieved greater scalability. Considering the cost per gigabyte and how that lowers your CAPEX, you can’t do better than Infinidat.“

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