Solving financial services’ data storage problem
In the quest to outpace the competition, leaders in the financial services industry (FSI) have turned to big data. Vast amounts of it are being used to make sounder investments, and algorithms feed off it to work faster than any human trader. In fact, some of the largest financial institutions capture more than 450 TB of data per day.
The problem is: where to store it all?
The FSI needs a data storage solution that supports innovative endeavors to get ahead, without cutting corners when it comes to compliance and security. Read on to learn why tape could be that solution.