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| A global investment bank was using a product for message archiving and supervisory review which stored messages on optical-based WORM platters. The bank experienced multiple
technical issues with the product which resulted in less than acceptable availability and a failure to properly archive all messages. In response, the bank began using another vendor's WORM disk
instead of optical-based WORM platters to ensure messages were properly archived. To ensure a complete and comprehensive archive, they needed to supplement the existing archive with backup data
during the timeframes when the current product was not properly archiving messages. Estimates to move this data into the new system archive were unacceptable and did not allow the bank to adequately
respond to their immediate requirements. |
| The bank engaged RenewData to assist with their immediate legal and regulatory requirements. Using non-native extraction technology, RenewData migrated the bank's existing data from
various sources into a RenewData ActiveVault, including 4,000 optical platters generated by the previous archiving software and 1,300 backup tapes containing data from timeframes when the previous
archiving software was not properly archiving messages. |
| After loading and de-duplicating, using RenewData's Single Instance Storage ("SIS") technology, the original 120 terabytes of data were reduced to 6 terabytes, a 95%
reduction in storage amounts - saving the global bank storage costs and allowing them to migrate to a system that met their legal and regulatory requirements. |
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