About Client

About Union Bank

Union Bank is a leading financial institution witha long history of providing comprehensive banking services to millions ofcustomers. With a vast network of branches and digital platforms, Union Bank iscommitted to delivering secure, reliable, and innovative financial solutions.As the bank continued to grow, so did the volume of data it needed to manage,necessitating a robust and scalable storage infrastructure.

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Challenges

Union Bank faced significant challenges with itslegacy on-premises storage infrastructure. These challenges included:

• Scalability Issues: The existing storage system struggled to keep up with the bank’s rapidly increasing data volumes, leading to performance bottlenecks and inefficiencies.
• Security Concerns: As a financial institution, Union Bank needed to ensure the highest level of data security and compliance with industry regulations, but the legacy system lacked advanced security features.
• High Costs: Maintaining and upgrading on-premises storage was becoming increasingly expensive, with high capital expenditures on hardware and operational costs.
• Complex Management: The outdated infrastructure was difficult to manage, requiring significant time and resources to maintain, which could have been better spent on core business operations.

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How Qucoon Helped

Qucoon, leveraging its expertise as an AWS partner,proposed and implemented a modern primary storage solution using NetAppONTAP on AWS. The solution was designed to address Union Bank’s specificchallenges and included the following key components:

• Scalable Storage Solution: Qucoon deployed NetApp ONTAP on AWS, providing Union Bank with an elastic storage solution that could     seamlessly scale to accommodate the bank's growing data needs without the need for large upfront investments.
• Enhanced Security: The solution included comprehensive security measures, such as encryption at rest and in transit, and compliance with stringent financial regulations, ensuring that Union Bank’s data was fully protected.
• Cost Optimization: By moving to a cloud-based storage model, Qucoon helped Union Bank significantly reduce capital and operational expenditures. The solution’s pay-as-you-go model allowed for better financial management and predictability.
• Simplified Management: Qucoon provided Union Bank with a streamlined, cloud-based management interface, making it easier to monitor and maintain the storage infrastructure, reducing the complexity and freeing up resources for other critical tasks.

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Outcome

The implementation of NetApp ONTAP on AWS as theprimary storage solution resulted in several positive outcomes for Union Bank:

• Improved Performance: Union Bank experienced a 40% reduction in data access latency, leading to faster application performance and improved customer experience.
• Seamless Scalability: The bank successfully scaled its storage capacity by 60% within the first year, without any service interruptions, allowing it to support its growing operations effectively.
• Enhanced Data Security: The solution met all regulatory compliance requirements, with advanced security features ensuring that sensitive financial data remained secure.
• Cost Savings: Union Bank realized a 25% reduction in overall storage costs, thanks to the efficient cloud-based model and elimination of the need for expensive on-premises hardware.
• Operational Efficiency: The new storage solution reduced the time and resources required for management, allowing the bank to focus more on its core business operations.

‍

About Union Bank

Union Bank is a leading financial institution witha long history of providing comprehensive banking services to millions ofcustomers. With a vast network of branches and digital platforms, Union Bank iscommitted to delivering secure, reliable, and innovative financial solutions.As the bank continued to grow, so did the volume of data it needed to manage,necessitating a robust and scalable storage infrastructure.

‍

Challenges

Union Bank faced significant challenges with itslegacy on-premises storage infrastructure. These challenges included:

• Scalability Issues: The existing storage system struggled to keep up with the bank’s rapidly increasing data volumes, leading to performance bottlenecks and inefficiencies.
• Security Concerns: As a financial institution, Union Bank needed to ensure the highest level of data security and compliance with industry regulations, but the legacy system lacked advanced security features.
• High Costs: Maintaining and upgrading on-premises storage was becoming increasingly expensive, with high capital expenditures on hardware and operational costs.
• Complex Management: The outdated infrastructure was difficult to manage, requiring significant time and resources to maintain, which could have been better spent on core business operations.

‍

How Qucoon Helped

Qucoon, leveraging its expertise as an AWS partner,proposed and implemented a modern primary storage solution using NetAppONTAP on AWS. The solution was designed to address Union Bank’s specificchallenges and included the following key components:

• Scalable Storage Solution: Qucoon deployed NetApp ONTAP on AWS, providing Union Bank with an elastic storage solution that could     seamlessly scale to accommodate the bank's growing data needs without the need for large upfront investments.
• Enhanced Security: The solution included comprehensive security measures, such as encryption at rest and in transit, and compliance with stringent financial regulations, ensuring that Union Bank’s data was fully protected.
• Cost Optimization: By moving to a cloud-based storage model, Qucoon helped Union Bank significantly reduce capital and operational expenditures. The solution’s pay-as-you-go model allowed for better financial management and predictability.
• Simplified Management: Qucoon provided Union Bank with a streamlined, cloud-based management interface, making it easier to monitor and maintain the storage infrastructure, reducing the complexity and freeing up resources for other critical tasks.

‍

Outcome

The implementation of NetApp ONTAP on AWS as theprimary storage solution resulted in several positive outcomes for Union Bank:

• Improved Performance: Union Bank experienced a 40% reduction in data access latency, leading to faster application performance and improved customer experience.
• Seamless Scalability: The bank successfully scaled its storage capacity by 60% within the first year, without any service interruptions, allowing it to support its growing operations effectively.
• Enhanced Data Security: The solution met all regulatory compliance requirements, with advanced security features ensuring that sensitive financial data remained secure.
• Cost Savings: Union Bank realized a 25% reduction in overall storage costs, thanks to the efficient cloud-based model and elimination of the need for expensive on-premises hardware.
• Operational Efficiency: The new storage solution reduced the time and resources required for management, allowing the bank to focus more on its core business operations.

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