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FiServ announces new data vaulting solution
BROOKFIELD, Wis. (6/20/11)--Fiserv, a provider of financial services technology, has launched Data Vaulting, a data backup, storage and recovery solution for credit unions and banks. Marketed as a lower-cost alternative to tape-based backup, Data Vaulting supports compliance with regulations governing the security, transportation, storage and accessibility of data. Data Vaulting is powered by FiServ’s EVault software platform from i365 Inc. Organizations can deploy an off-site vault with storage management, using vault infrastructure hosted and managed in a Fiserv data center. On-site deployments offer local-area network-speed backup and recovery. On-site vaulting can be combined with hosted off-site services. With no tapes to transport to a recovery site for testing or during an actual disaster, Data Vaulting can be used to complement disaster recovery planning. “When financial institutions utilize Fiserv for data protection and disaster recovery services, they can be back in business with just one phone call,” said Steve Tait, group president of depository institution services at Fiserv. “Bankers never want to experience a disaster, but they’re obligated to be ready for one.”


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