SVC Bank Enhances Disaster Recovery, Data Protection, and Storage Efficiency with NetApp Storage

Top Quote NetApp announced today that SVC Bank has chosen NetApp India as the preferred storage partner to build and manage the bank's IT infrastructure. End Quote
  • (1888PressRelease) February 28, 2015 - The bank deployed NetApp V3220 Open Storage Controllers to enable continuous data availability and integrated storage support for its virtualization initiatives.

    "It has been quite a journey so far, and NetApp has been supportive of our IT activities. We have received phenomenal support during our DR-DC shift and during our controller upgrade. It has been a pleasure working with NetApp, without their support, there might have been many sleepless nights," said Ravikiran Mankikar, chief general manager, IT Head, SVC Bank.

    With NetApp, SVC Bank has been able to protect critical data and create a reliable disaster recovery (DR) solution at reduced cost and complexity. One of the significant benefits NetApp provides is improved storage utilization due to deduplication and thin provisioning. Using NetApp deduplication, SVC Bank has successfully removed multiple copies of files so that the same data is not copied in multiple locations when it is copied to the DR site.

    "Data is more valuable when it is in the right place. Our solution allows SVC Bank to move data securely between cloud service providers and back to their own data centers as demands change," said Anil Valluri, president, NetApp India & SAARC. "As we work with SVC Bank, NetApp's goal will be to provide solutions that free them from their non-core operations while simultaneously reducing cost and improving efficiency. Going forward with the growing workplace dynamics we will continue to provide storage solutions that are compact, flexible, scalable and optimizes data management."

    "We, NetApp and Pentagon, are actively engaged in developing differentiated solutions for our customers in the BFSI sector. Storing data has always been a big challenge and especially so with the quantum of data being generated today. However, with NetApp, we have been able to deploy industry leading solutions that have helped address critical challenges that SVC Bank was faced with successfully." said Nelson Fernandes, Head of Business Development at Pentagon System & Services Pvt. Ltd.

    Moving forward, SVC Bank plans to build complex solutions into their NetApp infrastructure. SVC Bank plans to setup a near DR, which will result in a three-way replication of data and zero down the time lag between the data being replicated to the DR site.

    About SVC Bank
    Founded in 1906, The Shamrao Vithal Co-op Bank (SVC Bank) is the third largest co-operative bank in India and is a pioneer in the co-operative banking sector. The bank employs more than 2000 people with over 170 branches across India. It provides its customers services in savings and deposit banking, retail and corporate lending, insurance, and international banking. The SVC Bank has inter-connected all its branches and ATMs and has also joined the NPCI-NFS Network to provide to the customers access to a network of more than 110000 ATMs across the country. Today, SVC Bank is the only Co-op Bank providing RTGS and NEFT services to its customers on a STP (Straight Through Processing) mode. In the last decade, the constant technological development initiatives of its IT department have been instrumental in driving growth and increasing its customer-base.

    About NetApp
    Leading organizations worldwide count on NetApp for software, systems and services to manage and store their data. Customers value our teamwork, expertise and passion for helping them succeed now and into the future. To learn more, visit http://www.netapp.com/in/.

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