The DBSi Advantage
Focus: Financial Services
DBSi provides disaster recovery, managed hosting, and data center services to many of the region’s leading banks, financial services companies and investment management firms. We protect their valuable data and give them the peace of mind that they’re partnered with the right company to help them be compliant with Gramm-Leach-Bliley, Sarbanes-Oxley, SEC and more.
Unlike the inflexible national providers in this industry, DBSi’s disaster recovery, managed hosting and data center services come with a wide range of options:
- Creative and cost effective solutions
- Common sense contract terms and flexible conditions
- Annual technology adjustments
- Caged or mini-suite managed hosting data center facilities
- Industry-leading facility amenities
- 24×7x365 support for your hosting and recovery requirements
The Logical Choice for New York City Financial Firms
After September 11, 2001, the Securities and Exchange Commission recommended that financial services firms establish reliable backup operations outside New York City and Philadelphia to enable recovery and resumption of the U.S. financial system within two hours. The cascading, multi-state power outage in August 2003 reaffirmed the need for remote operations.
In April 2004, the SEC issued guidelines for NASD and NYSE members to develop business continuity plans and procedures relating to an emergency or significant business disruption.
All of this reinforces why DBSi, with our Bethlehem and Valley Forge locations, is ideal for New York City financial services firms.
To learn more please contact DBSi at 610 691-8811 or e-mail us.
The Real Cost
of Downtime
Failure of business critical services can cause a devastating loss of money. According to a 2001 Merrill Lynch/McKinsey report, each hour a business spends “down” can cost from $14,000 to $6.5 million, depending on the industry dollar amounts that are downright conservative by 2010 standards.
Once inflation and the increased prevalence of the Internet are factored in, the numbers could easily range from $25,000 to $10+ million per hour.