Nashville, Tenn.-based InsBank has selected Goldleaf Financial Solutions' Remote Backup Service (RBS) to automate its backup processes. Goldleaf (Norcross, Ga.), which provides integrated technology-based solutions designed to improve financial institutions' performance, said in a release announcing the decision that RBS enables financial institutions to restore data on demand and protect critical customer information.
According to the vendor, the bank's primary focus was security, particularly in the encryption of the data and the location of the remote site, and its decision was made in large part based on the fact that Goldleaf's RBS is stored at a Statement on Auditing Standards (SAS) 70 Type II Tier 4 data center, which is, claimed Goldleaf, the highest level of security available. In the release, the provider contended that its RBS replaces traditional solutions with a fully automated online solution, offering automated backups of heterogeneous file servers and application and database servers with encrypted, secure offsite storage and rapid online restoration, as well as 24x7 monitoring of customers' backup environments.
"InsBank had a previous relationship with Goldleaf, using its Web design and hosting solution, which made our decision to select its RBS solution much easier," said David Reynolds, the bank's FVP of information services, in the release. "InsBank now has the confidence that our data is properly protected and restorable in the event of a loss. This enables us to focus on our strategic goals and maintain our advantage in the market."
Lynn Boggs, CEO of Goldleaf, noted in the statement, "Reports show that current data storage growth rates are close to 50 percent per year, and based on those statistics we saw a clear demand for this service. Using Goldleaf's RBS, banks do not incur any additional expenses or resources from hosting the data in-house, while benefiting from the knowledge that their customer's information is protected and recoverable. This is critical for financial institutions to consider, especially given the regulations around the handling of such data in Section 404 of the Sarbanes-Oxley Act. Our service ensures that financial institutions can concentrate on their highest priority " the customer."