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Undisclosed Fortune 500 Bank Selects Ctera

For thousands of branch offices

CTERA Networks Ltd announced that a Fortune Global 500 financial services firm has selected its Enterprise File Services Platform and Cloud Storage Gateways to be deployed at more than 4,000 retail branch offices.

This deployment marks the largest cloud storage gateway deal ever announced for a banking customer and comes on the heels of CTERA’s selection by a Fortune 100 financial services firm for one of the world’s largest Enterprise File Sync and Share (EFSS) deployments.

Enterprise File Services Platform, and associated gateway and file sync technology, was selected to provide branch office file services, user file and project sync across offices, helping drive employee productivity and IT support efficiency improvements. In addition, CTERA will enable software distribution for OSs and application updates to branch office desktops and servers. It was awarded the project following a security audit performed by the customer, who will operate the solution entirely from within their own secure private cloud environment.

The CTERA solution was selected due to a variety of factors,
ranging from security to productivity benefits, including:

  • Greater than 50% cost reduction of branch office file and data protection services
  • Reduced IT support overhead and complexity via CTERA’s centralized management tools
  • Regulatory compliance and data governance enabled by central auditing of data and access
  • User data mobility across offices using CTERA’s file sync capabilities
  • Simple, instantaneous distribution of software updates to remote offices
  • Control over data residency and sovereignty by using CTERA’s platform in conjunction with the customer’s private software-defined object storage
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