Fiserv Inc. launched Data Vaulting, a solution that delivers secure and efficient data backup, storage, and recovery for banks and credit unions. A lower-cost alternative to tape-based backup, Data Vaulting supports compliance with regulations governing the security, transportation, storage, and accessibility of data. The solution is powered by the EVault software platform from i365 Inc., which is used by more than 32,000 organizations worldwide.

As financial institutions face explosive growth in, and accountability for, business-critical data, it becomes increasingly important to minimize downtime and manage regulatory requirements related to data security. Fiserv said the disk-based data protection service increases operational efficiency and improves the ability to comply with government regulations. By leveraging data reduction and optimization technologies to automate backup operations, Data Vaulting reduces backup windows and accelerates data recovery.

Banks may choose to deploy an off-site vault with storage management, using vault infrastructure hosted and managed in a SAS 70 Type II-certified Fiserv data center. On-site deployments offer LAN-speed backup and recovery for those who prefer to internally manage the vaulting infrastructure. On-site vaulting can be combined with hosted off-site services, giving financial institutions the best of both worlds.

United Southern Bank, Umatilla, Fla., replaced its tape-based backup with Data Vaulting, eliminating labor-intensive manual steps, such as rotating tapes and transporting data off-site by courier. The bank chose a hybrid deployment that includes an on-site vault that replicates off-site in a Fiserv data center.

“By automatically scheduling backups that send encrypted data to a Fiserv data center, we've improved efficiency and security,” said Kaye Adams, assistant vice-president for United Southern Bank. She adds that the arrangement will allow the bank to recover full operations in less than a day.

With Data Vaulting United Southern Bank was able to quickly retrieve data, rebuild functions and operate successfully from the Recovery Center during a recent test of its disaster recovery plan.

For more information go to:
http://investors.fiserv.com/releasedetail.cfm?ReleaseID=584979