-
Automated, disk-based data protection enables banks and credit unions
to replace manual processes
-
Benefits include increased operational efficiencies, reduced backup
windows and accelerated data recovery
-
Solution complements disaster recovery and business continuity
planning by providing LAN-speed recovery of data, and integration of
backup and recovery processes
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), the leading global provider of financial services
technology solutions, today announced the launch of Data VaultingTM
from Fiserv, a solution that delivers secure and efficient data backup,
storage and recovery for banks and credit unions. A lower-cost
alternative to tape-based backup, Data Vaulting supports compliance with
regulations governing the security, transportation, storage and
accessibility of data. The solution is powered by the EVault software
platform from i365 Inc., which is used by more than 32,000 organizations
worldwide.
As financial institutions face explosive growth in and accountability
for business-critical data, it becomes increasingly important to
minimize downtime and manage regulatory requirements related to data
security. The disk-based data protection service increases operational
efficiency and improves the ability to comply with government
regulations. By leveraging data reduction and optimization technologies
to automate backup operations, Data Vaulting reduces backup windows and
accelerates data recovery.
Data Vaulting offers deployment options tailored to the data protection
and business needs of a financial institution. Organizations may choose
to deploy an off-site vault with storage management, utilizing vault
infrastructure hosted and managed in a state-of-the-art SAS 70 Type
II-certified Fiserv data center. On-site deployments offer LAN-speed
backup and recovery for those who prefer to internally manage the
vaulting infrastructure. On-site vaulting can be combined with hosted
off-site services, giving financial institutions the best of both worlds.
United Southern Bank, Umatilla, Fla., has replaced its tape-based backup
with Data Vaulting, eliminating labor-intensive manual steps, such as
rotating tapes and transporting data off-site by courier. The bank chose
a hybrid deployment that includes an on-site vault that replicates
off-site in a Fiserv data center.
"By automatically scheduling backups that send encrypted data to a
Fiserv data center, we've improved efficiency and security," said Kaye
Adams, assistant vice president for United Southern Bank. "In case of an
emergency or disaster, Fiserv has made it possible for United Southern
Bank to recover full operations in less than a day."
With no tapes to transport to a recovery site for testing or during an
actual disaster, Data Vaulting is used by many banks and credit unions
to complement disaster recovery planning. United Southern Bank utilizes
both Data Vaulting and Business Continuity Services for Premier,
enabling recovery of normal operations and data at LAN speeds due to the
integrated Fiserv technology. With Data Vaulting United Southern Bank
was able to quickly retrieve data, rebuild functions and operate
successfully from the Recovery Center during a recent test of its
disaster recovery plan.
"When financial institutions utilize Fiserv for data protection and
disaster recovery services, they can be back in business with just one
phone call," said Steve Tait, group president, Depository Institution
Services at Fiserv. "Bankers never want to experience a disaster, but
they're obligated to be ready for one. The accelerated restoration of
banking functions and the advantages of disk-based storage can give
organizations using Data Vaulting from Fiserv a clear advantage and
peace of mind."
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of
information management and electronic commerce systems for the financial
services industry, driving innovation that transforms experiences for
financial institutions and their customers. Fiserv is ranked No. 1 on
the FinTech 100 survey of top technology partners to the financial
services industry. For more information, visit www.fiserv.com.
i365 and EVault are registered trademarks of i365 Inc. in the United
States and/or other countries.
FISV-G
Media Relations:
Wade Coleman
Director, Global
Communications
Fiserv, Inc.
706-225-9233
wade.coleman@fiserv.com
or
Additional
Fiserv Contact:
David Carden
Senior Vice President
Bank
Solutions
Fiserv, Inc.
402-421-4211
david.carden@fiserv.com
Source: Fiserv, Inc.
News Provided by Acquire Media