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For Securities Depository, Rock-Solid Disaster Preparedness
Canadian Depository for Securities Saves CAD$900,000 and Strengthens Disaster Recovery Capability
The Canadian Depository for Securities Ltd. (CDS) is the nation's security depository, and clearing and settlement organization, supporting Canada’s equity, fixed-income and money markets. CDS holds securities valued at more than CAD$2.3 trillion, double Canada’s gross domestic product.
Business Issues
- Create cost-efficient data replication at disaster recovery (DR) site to meet government regulations
- Increase current capacity and scale for future growth
- Stretch IT budget
- Strengthen protection against data loss
- Simplify system administration
Solution
CDS needed to more efficiently replicate critical financial data and increase its storage network bandwidth without breaking the bank. Sun StorageTek V2X2 SVA disk system along with Sun StorageTek PPRC software answered CDS's requirements without impacting its budgets.
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