Financial Industry

Retain and Protect Regulated Information

The financial industry has evolved quickly and has developed specific retention policies and media preferences (SEC rule 17a–4) as well as encryption security and data destruction policies (Gramm–Leach Bliley). Both are specific and detailed. Given the 2008/2009 dynamics and the effects of several years of de–regulation in the financial industry, it is highly probably that there will be more regulatory purview in the financial industries which most likely will require more information retention and more detailed policies on security, immutability and media management.

Permabit has the solution for information retention, protection and management with the Permabit Enterprise Archive™.

• The ability to cost effectively manage long–term retention and scale to multiple petabytes addresses the volume of information and growth.

• Data Protection that can lock down your files (WORM) and replicate them to secondary sites to ensure immutability and disaster recovery.

• Flexibility to manage data over long term retention periods mixing read/write and immutability needs (via WORM volumes) within the same system.

Permabit Features:

Permabit Dedupe 2.0 storage delivers the answers to meet the most stringent of financial industry needs. By managing the information within a single multi–purpose system, you can optimize your costs and resources.

The Permabit Enterprise Archive offers:

• Scalable Deduplication — Using Permabit’s built–in Scalable Data Reduction™ (SDR), it is possible to store petabytes of information with full in–line data deduplication.

• Intelligent Recovery™ — RAIN–EC advanced data protection technology is 1,000 times more effective than RAID.

• WORM Retention — Able to lock down data to insure immutability and deliver chain–of–custody proof with content certificates.

• WORM Flexibility — Create a WORM volume at any time, as any read/write volume can be instantly converted to WORM using the Convert to WORM feature whenever required.

• Compliance WORM — Volumes created using Compliance WORM cannot be deleted or altered until the retention period has expired. This is a requirement for regulations such as SEC 17a–4.

• Flexible Encryption Policies — Retention periods can be uniquely specified or policy driven based on file type, origin or application.

• Digital Fingerprinting — Manages data integrity for data at rest and on–the–fly. Federal Regulations define SHA–256 hashing algorithms as a requisite to address these issues.

• Policy–based File Management — Driven by source application or defined uniquely by file type or owner.