Admirals Bank Deploying Actifio Copy Storage
Saving "$750,000 in disk costs over five years"
This is a Press Release edited by StorageNewsletter.com on July 18, 2013 at 2:57 pm
Actifio, Inc. announced that its Copy
storage platform has been selected and deployed by Admirals Bank, a federally-chartered
financial institution headquartered in Boston, MA with a regional banking center in Providence, RI.
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With Actifio, Admirals Bank eliminated three different backup technologies and
saved $750,000 in disk costs over five years. The Bank was also able to shrink
recovery times from 24-48 hours to sec. with their Copy storage implementation,
delivering a new level of agility to the business.
Given its broad lending business which also includes home improvement loans and residential renewable energy loans, Admirals Bank generates a significant
amount of sensitive data on a daily basis. Previous attempts to manage and
recover this growing data using tape storage and siloed backup and recovery
products did not yield the intended results, causing their enterprise and disk
storage budget to skyrocket while placing greater strain on their internal IT
team.
"Every day, we generate tons of
data, which we have to backup quite often. We started using tape storage to
handle this but it was too difficult to manage off-site and the recovery times
were dreadful," said Bryon Bua, VP and manager of enterprise technology,
Admirals Bank. "We knew we needed to
improve up times dramatically and make the right data available faster in a
much more efficient way while reducing our overall enterprise storage costs."
Bua was also frustrated by the limitations of traditional backup and recovery
tools he was using as they could not handle copy data management, leaving
Admirals Bank awash in extra copies of data that they did not need.
"We were simply ready for a single
solution that could quickly and easily handle all of our data management
requirements – from backup to DR and BC as well as the day-to-day access of
data for application testing withins. Actifio fulfilled all of those
requirements for us with a single solution," said Bua.
Using the Actifio platform, Bua was able to reduce the number of excessive data
copies from 100+ down to 10 manageable copies. In doing so, he not only reduced
the bank’s overall enterprise storage costs but also streamlined the IT
footprint for hardware, software and staff required to manage it.
Bua continued: "Most companies are
spending a fortune on additional disk, enterprise storage and personnel to
manage 100+ extra copies of data that they don’t even use. IT professionals
need a more efficient, faster and safer way to store and protect their
corporate data assets as data continues to grow exponentially – or else this
problem will further snowball and leave their IT teams and budgets in greater
disarray."
"Leading financial institutions,
like Admirals Bank, face big IT challenges around data governance, availability
and security, all while controlling costs," said Ash Ashutosh, founder
and CEO, Actifio. "We’re thrilled that Actifio is a central
part of Bryon’s strategy to save the Bank almost a million dollars while
enabling nearly instantaneous recovery times for their mission-critical banking
applications."
Short video of Bryon Bua of
Admirals Bank discussing use of Actifio platform











