Tackling data growth and database proliferation in the financial sector

Tackling data growth and database proliferation in the financial sector

Past Event Date: Aug. 20, 2020

Hosted by American Banker

Every financial services interaction, application, and transaction is data- and database-dependent. As financial institutions transform and grow, it is becoming abundantly clear that centrally managing and securing the proliferation of databases has become increasingly difficult, risky, and costly. Financial firms are specifically finding that traditional database administration technology is no longer able to support the real-world demands of modern-day finance. Below are just a few common challenges firms can experience:

  • Data growth is out of control
  • It costs too much, but we have to do it anyway
  • Database resources are siloed and stretched
  • Provisioning takes weeks
  • Legacy infrastructure makes databases vulnerable

Learn how your institution can innovate your database engineering and administration platform to simplify provisioning, patching, upgrading, creating clones/snapshots, and performing backups/DR—all while substantially reducing IT costs and accelerating business transformation.

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