About Client

About Client:

Fidelity Bank is a leading financial institutionwith a strong presence across multiple regions. The bank serves millions ofcustomers and handles vast amounts of sensitive financial data. With acommitment to providing top-tier services, Fidelity Bank continuously seeks toenhance its IT infrastructure to ensure data availability, security, andregulatory compliance.

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Challenges:

Fidelity Bank was facing several criticalchallenges with its existing on-premises storage infrastructure:

• Scalability Issues: The bank’s data volume was rapidly increasing, leading to storage limitations and performance bottlenecks.
• Inefficient Backup and Recovery: The existing backup and disaster recovery processes were time-consuming and did not meet the bank’s required RTO (Recovery Time Objective) and RPO (Recovery Point Objective), putting business continuity at risk.
• High Operational Costs: Maintaining the on-premises infrastructure was becoming increasingly expensive, with rising costs related to hardware, maintenance, and energy consumption.
• Regulatory Compliance: The bank needed to ensure that its data management practices met stringent regulatory requirements, including secure data storage and reliable disaster recovery capabilities.

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How Qucoon Helped:

Qucoon, a trusted AWS partner, collaborated withFidelity Bank to design and implement a robust cloud-based storage solutionleveraging Veritas Cloud Storage on AWS. The approach taken included:

• Deployment of Veritas Cloud Storage: Qucoon implemented Veritas Cloud Storage on AWS as the primary solution for managing the bank’s critical data. This provided a scalable, secure, and reliable storage platform.
• Integrated Backup and Recovery: Qucoon integrated Veritas NetBackup with AWS services, automating the bank’s backup processes and leveraging Amazon S3 for efficient, cost-effective data storage.
• Disaster Recovery Enhancement: Qucoon configured Veritas Resiliency Platform to enable automated disaster recovery across multiple AWS regions, ensuring quick and reliable data recovery in case of any disruptions.
• Cost Optimization: Qucoon assisted Fidelity Bank in migrating to a tiered storage approach, utilizing Amazon Glacier for long-term data archiving, thereby reducing storage costs significantly.
• Compliance and Security: Qucoon ensured that the solution met all necessary regulatory requirements, incorporating encryption and compliance     reporting features to maintain data integrity and security.

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Outcome:

The implementation of Veritas Cloud Storage on AWS,guided by Qucoon, resulted in significant improvements for Fidelity Bank:

• Enhanced Data Availability: The bank achieved 99.999% data availability, ensuring continuous access to critical financial data across multiple AWS regions.
• Improved RTO and RPO: Fidelity Bank reduced its RTO and RPO by 60%, enabling rapid recovery and minimizing data loss during incidents.
• Cost Reduction: The new solution led to a 35% reduction in storage-related costs, driven by data deduplication, compression, and the use of cost-effective tiered storage options.
• Regulatory Compliance: The bank successfully maintained compliance with industry regulations, benefiting from automated encryption, secure storage, and comprehensive compliance reporting.
• Operational Efficiency: The automated backup, recovery, and disaster recovery processes significantly improved the bank's operational efficiency, allowing IT teams to focus on more strategic initiatives.

‍

About Client:

Fidelity Bank is a leading financial institutionwith a strong presence across multiple regions. The bank serves millions ofcustomers and handles vast amounts of sensitive financial data. With acommitment to providing top-tier services, Fidelity Bank continuously seeks toenhance its IT infrastructure to ensure data availability, security, andregulatory compliance.

‍

Challenges:

Fidelity Bank was facing several criticalchallenges with its existing on-premises storage infrastructure:

• Scalability Issues: The bank’s data volume was rapidly increasing, leading to storage limitations and performance bottlenecks.
• Inefficient Backup and Recovery: The existing backup and disaster recovery processes were time-consuming and did not meet the bank’s required RTO (Recovery Time Objective) and RPO (Recovery Point Objective), putting business continuity at risk.
• High Operational Costs: Maintaining the on-premises infrastructure was becoming increasingly expensive, with rising costs related to hardware, maintenance, and energy consumption.
• Regulatory Compliance: The bank needed to ensure that its data management practices met stringent regulatory requirements, including secure data storage and reliable disaster recovery capabilities.

‍

How Qucoon Helped:

Qucoon, a trusted AWS partner, collaborated withFidelity Bank to design and implement a robust cloud-based storage solutionleveraging Veritas Cloud Storage on AWS. The approach taken included:

• Deployment of Veritas Cloud Storage: Qucoon implemented Veritas Cloud Storage on AWS as the primary solution for managing the bank’s critical data. This provided a scalable, secure, and reliable storage platform.
• Integrated Backup and Recovery: Qucoon integrated Veritas NetBackup with AWS services, automating the bank’s backup processes and leveraging Amazon S3 for efficient, cost-effective data storage.
• Disaster Recovery Enhancement: Qucoon configured Veritas Resiliency Platform to enable automated disaster recovery across multiple AWS regions, ensuring quick and reliable data recovery in case of any disruptions.
• Cost Optimization: Qucoon assisted Fidelity Bank in migrating to a tiered storage approach, utilizing Amazon Glacier for long-term data archiving, thereby reducing storage costs significantly.
• Compliance and Security: Qucoon ensured that the solution met all necessary regulatory requirements, incorporating encryption and compliance     reporting features to maintain data integrity and security.

‍

Outcome:

The implementation of Veritas Cloud Storage on AWS,guided by Qucoon, resulted in significant improvements for Fidelity Bank:

• Enhanced Data Availability: The bank achieved 99.999% data availability, ensuring continuous access to critical financial data across multiple AWS regions.
• Improved RTO and RPO: Fidelity Bank reduced its RTO and RPO by 60%, enabling rapid recovery and minimizing data loss during incidents.
• Cost Reduction: The new solution led to a 35% reduction in storage-related costs, driven by data deduplication, compression, and the use of cost-effective tiered storage options.
• Regulatory Compliance: The bank successfully maintained compliance with industry regulations, benefiting from automated encryption, secure storage, and comprehensive compliance reporting.
• Operational Efficiency: The automated backup, recovery, and disaster recovery processes significantly improved the bank's operational efficiency, allowing IT teams to focus on more strategic initiatives.

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