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Kashya offers financial industry bulletin on compliance
Source: SearchStorage.com
Date: 26 Apr 2004

Description:

New York -- Kashya, a business continuity software provider, today announced that its financial industry bulletin entitled "Advances in Data Replication and Disaster Recovery for the Financial Industry" is now available. This industry focused technology review addresses how financial organizations can meet regulatory recommendations by deploying disaster recovery sites hundreds or thousands of miles away from the main data center(s) without impacting application performance.

When U.S. regulatory agencies proposed a mandate that critical financial institutions must have fully operational recovery sites 200 to 300 miles away from their primary data center as an important component toward strengthening the resilience of the U.S. financial markets, industry leaders voiced strong opposition. Their key concerns were the limitations of existing technology and the perceived excessively high costs for implementing effective long distance replication. Although the final regulations did not specify absolute mileage requirements, they strongly recommended a goal of "sufficient geographically dispersed" sites, and urged each organization to take immediate action toward developing and implementing a plan to reach that goal.

"This technical bulletin for the financial industry provides information on how institutions can cost-effectively satisfy compliance regulations," said Mehran Hadipour, Vice President, Product Marketing at Kashya. "Previous conventional technologies made these sound recommendations technically challenging and financially prohibitive. Kashya's technology enables long distance replication, with synchronous levels of protection, without distance limitations or performance degradation."

To download the financial industry bulletin, access Kashya's resource link at www.kashya.com/resourceLibrary_whitePapers.jsp.

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