Cloud for Financial Services
Cloud enables to bring new products and services to market… much faster
Cloud for Financial Services such as banks, credit unions, investment services, retirement planning and mortgage brokers.
The cloud platform helps banks and financial institutions to scale their services easily and efficiently compare to traditional on-premise IT infrastructure.
Each bank and financial company have different needs and business cases to address.
However, the combination of on-premise and cloud model – a hybrid cloud, which provides the right security whenever there is a need to store, archive, manage, develop and test, analyse and report, and generally handle customer data for a certain period of time.
The Cloud Is As Secure As On-Premise
Unlike in an on-premise environment where there is a defined perimeter to protect, in the cloud, there is no perimeter.
This means that any threat becomes unbounded, therefore the wise way to add security is to use continuous security monitoring. With continuous monitoring, no suspicious behaviour goes unnoticed, giving banks and financial institutions similar level of visibility and protection, if not better, as they would have on-premise.
The conclusion is the cloud platform is as secure as on-premise infrastructure.
Cloud providers like PeaSoup, have the numbers of secure Tier 3 data centres that banks and financial institutions cannot afford or simply don’t want to invest in.
Providing a resilient service is critical to staying in business and cloud businesses were created and designed from day one – a huge advantage over those institutions that have started from an on-premise platform.
The cloud platform gives banks and financial institutions the chance to be more responsive to ever-changing market conditions providing flexibility and scalability.
With this advantage, they can grow or shrink their systems in accordance
The flexibility to be billed for the resources and services that are consumed only, whether it is storage, memory or processor power are significant benefits for financial institutions, as all on-premise sites have large quantities of redundant capacity both for operational and disaster recovery purposes.
Rapid Deployment and Innovation
The financial market is a crowded and highly competitive landscape. Therefore financial institutions have to continuously innovate to keep demanding customers engaged – interactive mobile apps, games, and streamlined online user interfaces.
To build a new application onsite (on-premise), a development team would have to use or allocate expensive hardware resources, only for the wheels to slowly start to turn.
However, in the cloud platform, developers can spec up a server in a matter of minutes and get an app ready for testing in a matter of weeks.
This allows banks and other financial institutions to create new and better applications much faster than their competitors who are still using an on-premise method.
Our Services for the Financial sector
PeaSoup Infrastructure as a Service (IaaS) provides a flexible and scalable slice of our cloud (cluster). Our dedicated virtual datacentres take advantage of our cloud resilience and performance, virtual cloud (vCloud) security and a segmentation layer, to ensure each and every customer has their own Virtual Datacentre.
PeaSoup DRaaS solution is designed to automate and simplify the recovery process, with a modern inexpensive, agile and scalable cloud solution. PeaSoup has teamed up with Zerto to deliver a True Virtual Replication (disaster recovery) between private clouds or satellite offices to our Cloud Services with a single software solution.
PeaSoup’s user-friendly backup and recovery service provides costs per GB predictions, ensuring full cost transparency for the retention periods set. Local backup ensures fast recovery of files with encryption provided as a default, 24/7. There are also a number of location to store your data.
Why choose PeaSoup for your Cloud services?
PeaSoup supply cloud services designed by your needs and built with an innovative technology architecture that provides unrivalled levels of performance, reliability and stability.
- Tier 3 datacentres with advanced physical & IP security
- A simple and transparent pricing model – no lengthy contracts, no hidden charges
- Dedicated account management and technical support
- UK data sovereignty – data is not replicated outside of UK borders
- G-Cloud framework supplier