Streamlining Finance Data Archiving via Cloud Solutions

A prominent financial consultancy encountered a storage dilemma as the influx of sensitive financial data surged, prompting them to search for a scalable and cost-effective archiving solution. Enter StoneFly's Data Aware Cloud Archiving Solution, the antidote to their predicament.

The implementation of StoneFly's solution brought about remarkable changes. Notable cost savings were achieved in contrast to traditional hardware storage methods, earning praise from Brandon, the Head of IT, for its user-friendly nature and scalability. The automation and adaptable scaling of the solution seamlessly aligned with the company's evolving requirements.

StoneFly's solution, independent of specific hardware, eliminated the necessity for dedicated appliances, simplifying installation across a spectrum of mainstream servers—a feature commended by Jane, the DevOps engineer.

Furthermore, the solution optimized data archiving operations through automated tiering, liberating the IT team from manual monitoring. Jane commended its rule-based automation, significantly reducing complexities associated with archiving.

Of utmost importance, as a financial consultancy bound by rigorous regulations, the solution ensured adherence to industry standards such as FINRA, the Graham-Leach-Bliley Act, and the Sarbanes-Oxley Act, establishing a secure and compliant archiving environment.

Thanks to StoneFly’s Data Aware Cloud Archiving Solution, the finance company successfully streamlined their archiving processes, ensuring cost-effectiveness, scalability, automation, and regulatory compliance. This strategic transition empowered the company to concentrate on core activities, optimizing resource allocation and bolstering overall efficiency.

To explore more about streamlining finance data archiving via cloud solutions, view the detailed case study here.