Bravura Solutions Limited (Bravura) a supplier of wealth management applications and professional services, has forged a new partnership with StorLife, a provider of hardware-independent, compliant storage and lifecycle management technology.
Bravura Solutions will be using StorLife as the secure storage layer for its Rufus GTA (Global Transfer Agency) system. Rufus GTA is one of the Pan-European transfer agency systems and tracks the accounts of investors in mutual funds, packaged equities, cash and hedge funds. All documents that form part of the GTA administration process will now be securely and compliantly stored in StorLife, replacing an optical jukebox system.
“The StorLife proposition replaces a legacy Write Once Read Many (WORM) secure data storage system, which is based on expensive proprietary equipment,” says Nick Parsons, Bravuras global chief technology officer . “By releasing us from the hardware lock-in, StorLife provides a future-proof solution that will let us exploit new storage technology, as well as a cost effective architecture for compliant storage. The adoption of a common and consistent approach to compliance provides us with the opportunity to further reduce our clients storage Total Cost of Ownership (TCO).”
StorLife is a software-only Content Addressed Storage (CAS) application providing the online performance of magnetic disk, with scalability, resilience and assured content authenticity. StorLife’s lifecycle management technology enforces content compliance policies regarding the retention, disposal, encryption, security and access in order to adhere to corporate governance demands.
“StorLife allows Bravura to quickly and easily implement a secure and compliant storage platform for its key documents,” says Garret Pearse, product manager for StorLife. “The Single Instance Storage functionality means that storage resources are now being used more efficiently.”
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