Oncore IT Signed Three-Year Contract With London & Capital

Oncore IT Ltd,
a cloud and IT MSP, has signed a three year contract with
London & Capital, a firm of investment advisers and asset managers, to
provide a cost effective and scalable public cloud-based backup solution to
maximise the level of data security, improve resilience and enhance its backup
processes and procedures.

Oncore IT is supplying 3TB of online
backup on its Asigra-based Cloud storage platform, with London & Capital
moving away from a legacy tape solution which was managed in-house for core
company data.

Glenn Murphy, London & Capital’s head
of IT, says: "Shifting to a third
party to manage our backup and restore systems reduces the management, IT and
cost overhead on our business. Expenditure becomes operational rather than
capital, and we commit to an established and compliant back up and restoration
solution managed by a specialist."

Established in 1986, London & Capital
is an independent wealth management firm with a global team of 90 staff who
manage $3.3 billion of investments for its clients who comprise private
individuals, institutional investors, intermediaries and charities from around
the world.

Paul Cook, Oncore IT’s head of sales and
marketing, says: "As a service
provider, we’ve invested heavily in creating a highly secure platform using
best-in-class technology from Asigra. This means all clients, especially those
in financial services, have full confidence that their business critical
information will always be available, in line with FSA polices and
recommendations."

A specific secure London & Capital
‘vault’ has been created on Oncore IT’s storage platform with data from its
core applications loaded into it, such as trade order and portfolio management
systems.

To establish the data updates, just one
Asigra monitoring client – a DS Agent – was installed in London & Capital’s
environment to collect data from its servers. This simplifies rollout and
contrasts with other solutions which require monitoring agents on each and
every system. Data is held in Oncore IT’s London datacentre and replicated to
its offshore facility for resilience.

Glenn Murphy says: "Having reviewed various suppliers, we
selected Oncore IT and Asigra given the competitive cost of the storage, and
the ease of implementation which means the time overhead for deployment has
been low. And of course, we can scale the amount of data we store on-demand
based on our business needs and any future regulatory requirements."

Oncore IT is a Cloud Managed Service
Provider (CMSP) with vast experience delivering and managing critical IT
infrastructure for clients operating from highest standard secure datacentres
in London and Amsterdam.

A variety of hosting, co-location and
cloud-based managed services are offered to meet clients’ specific business
needs, all guaranteed by service level agreements and solutions looked after by
professional, dedicated account managers and technical experts.