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Compliant Hosting Solutions

Cloud Hosting Solutions for Financial Institutions

A Transformational Technology

Cloud hosting for financial institutions has the potential to redefine the industry. As pressure mounts to enhance security, lower costs, and ensure compliance to evolving regulatory mandates – high priorities for all financial firms – cloud hosting solutions offer significant advantages that you can’t ignore.

The Cloud Security Alliance conducted an in-depth study into cloud practices at financial institutions. According to findings, 61% of financial institutions are developing cloud strategies.

The Many Flavors of Cloud Hosting Solutions

Cloud solutions come in many varieties. You can select a public cloud, private cloud, or hybrid solution. Financial institutions typically rely on public clouds for non-sensitive data and private clouds for sensitive data. The best solution often lies in a hybrid cloud hosting model that combines different cloud offerings and possibly colocation solutions as well.

The decision boils down to a risk-benefit analysis. After weighing the pros and cons of each cloud type, you can design a solution that best fits your requirements, budget, and risk tolerance.

ByteGrid Helps You Transition to the Cloud

No two organizations have the same needs. With an in-depth understanding of the financial industry, ByteGrid helps you develop a cloud strategy that’s right for your business. We have partnered with all types of financial firms, from large to small, from investment banks to insurance companies.

We support your transition to the cloud in several ways:

  • ByteGrid offers several cloud hosting solutions for financial institutions. Our managed cloud hosting provides a secure, high-performance cloud infrastructure. You gain exceptional availability, backup services, monitoring, security, reliability, and support.
  • If needed, we can help you integrate your company-owned, on-premises servers with a managed cloud hosting solution. You can leverage the advantages of the cloud in your computing environment without sacrificing your equipment investments.

Why Select ByteGrid Cloud Solutions?

By transitioning your IT assets to a ByteGrid managed cloud hosting, your financial institution can:

  • Minimize the expense of buying, installing, and maintaining hardware and software
  • Leverage a basic pricing model for IT delivery and support
  • Access a highly available, scalable, and flexible IT infrastructure
  • Achieve maximum reliability with a 99.99% power and connectivity SLA
  • Reduce the time needed to deploy resources
  • Enhance security with ByteGrid’s advanced monitoring technologies and expert technical staff
  • Get support from a dedicated, on-site team that will help with infrastructure planning, configuration, and troubleshooting.
  • Rely on ByteGrid’s credentials to help you comply with regulations – Our ITIL-based processes, SSAE 16 Type II audits, PCI compliance, and adherence to FISMA standards represent some of our compliance qualifications

For more information on cloud hosting for financial institutions, please contact us or call 855.495.0098.

 

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