Financial Service Firms Deploy GridIron SAN TurboCharger

GridIron Systems, Inc.
announced that its new TurboCharger appliance is being adopted by the
financial services industry to improve service levels and solve Oracle and
SQL-server performance challenges.

Several new case studies document how firms
requiring 24x7x365 access to data saved millions of dollars and
boosted application performance and customer satisfaction. These benefits were
delivered without the downtime, data migration and configuration changes associated
with SSD primary storage arrays.

Firms in the
competitive financial services industry were able to deploy TurboCharger and
accelerate their big data applications in record time while meeting stringent
reporting regulations and service level agreements. There were no changes
required to servers, storage, applications, or the configuration of high
availability and data protection scenarios. Operational procedures remained
unchanged and existing investments in servers and storage were protected
because nothing was thrown away. The challenges these firms have overcome in
meeting tougher data management and reporting requirements mandated by recent
financial reform, burgeoning data growth, and continuous operations, are
commonplace in the competitive financial services sector.

GridIron
Systems’ TurboCharger boosts application performance up to 10 times by
providing RAM-like access speeds to big datasets. However, it does not require
applications or data to be migrated from hard disk-based
storage to SSD storage. This enables
financial technology services firms such as COCC to provide
faster access to complex financial information.

"Installing GridIron enabled us to provide
significant improvements to the customer experience without any upgrades to our
hosting infrastructure," said Mary Sokolowski, Storage Architect at COCC – a firm founded by
community financial institutions to deliver advanced, cost-effective financial
technology services. "GridIron has
cut COCC’s production run time by two thirds for its most intensive
applications, and cut backup time in half. GridIron also enables COCC to fix
performance hotspots in minutes without changing applications or
infrastructure."

Sokolowski
said that GridIron enabled COCC to rework its hardware deployment strategy,
resulting in a reduction of $500,000 in software license expense. Other firms
in the financial services sector reported saving between $1 million and $3.5
million by choosing the GridIron solution.

"In order to stay competitive, financial
services companies must provide reliable, non-stop service in the face of
increased regulatory mandates and the need to efficiently process enormous
volumes of data," said Ed McCann, Vice President of Sales at solution
provider company ConRes that introduced the GridIron solution to COCC. "GridIron’s TurboCharger is the only solution
in the industry that integrates with existing infrastructure without disruption
or changes to business operations. Customers are telling us that simply
plugging in TurboCharger is helping them become more competitive. User
satisfaction is at an all-time high. All these benefits are realized while also
saving millions of dollars in avoiding purchases of new infrastructure
equipment and database licenses."