Savenet Builds Cloud DR System

Savenet Solutions, a Dublin based
cloud storage and DR company, has recently completed
a DR solution for Trinity Fund
Administration Ltd.

Trinity is a global asset management service company, providing middle and back
office services to a range of investment funds.

Due to the global nature of Trinity’s business and the highly critical,
sensitive financial data that they are handling, the IT environment needs to be
extremely resilient to any kind of disaster as well as being totally
secure. In addition, Trinity have to meet stringent SAS 70 international
auditing compliance standards, along with guaranteed access to critical
database and file data for up to seven years after it has been active.

The project is valued at €100,000 over three years, took three months to
implement and was recently awarded the 2013 ICT Excellence Award for Project of
the Year, SME.

Savenet have designed and built a new cloud DR solution that integrates with
the onsite IT environment. It ensures that Trinity’s mission critical
applications are always available to their users and customers, and can
withstand any form of disaster; from a locally based minor system interruption
or server failure, to a major disaster where their computer room is destroyed.

In the event of a disaster, where the servers are all out of action due to
a catastrophic failure like fire or a flood, the business can roll over to the
cloud servers easily and quickly. There is provision for key
users to have immediate access to the critical business applications over the
internet. All these users have to do is use an existing hyperlink to login
securely via an SSL VPN and access a hosted desktop over the web. The users can
be based anywhere globally with a broadband connection which is important
for the company and its overseas users.

Lorcan Cunningham, MD, Savenet, said: "The cloud approach to DR has enabled Trinity to dramatically lower
their business risk whilst reducing their capital and operating IT costs. The
solution is a service that can easily scale with Trinity’s global business
growth, with no increase in IT footprint or management, allowing them to focus
on core activities. A critical point to note is that the new DR solution is subject
to audited DR tests each year by the company auditors to ensure ongoing
compliance."

John McCann, MD, Trinity said: "Savenet
were chosen to design and implement this system as it presented some unique
challenges. We are a specialist global boutique hedge fund solutions firm whose
clients require critical management information scrubbed, processed, analysed
and collated in a variety of bespoke manners on a daily basis, without fail. If
that is not forthcoming, not only do we at Trinity lose everything; but many of
our clients and their investors would too, based on their reliance on the core
procedures and processes that they outsource to us."

"Simply put, if we did not have this
level of DR capability and the comfort and confidence that comes with it, as
provided by Savenet, then these essential daily services and data management
processes would not be available to our customers as required; which
consequently would not allow them to manage their investment positions, market
exposure, commercial risks and opportunities, which would be fatal for all,"
he said.