Backup & Recovery for Financial Services

In 2007 The Financial Industry Regulatory Authority (FINRA) was formed by consolidating redundant rules under NASD and NYSE. Under NASD 3510, members are required to maintain business continuity and contingency plans to satisfy obligations to clients in the event of an emergency or outage. A key component to any business continuity plan, Vault America Cloud Storage services fulfill the requirements of FINRA as they relate to data backup, offsite storage, and contingency planning.

While FINRA specifically requires business continuity plans to include backup and recovery for books and records, any good business continuity plan includes secure data backup, offsite storage with instant access, replication of data to diverse datacenters, and the assurance of reliable, speedy recovery.

The Vault America Cloud Storage service features built-in access controls, audit logs, and an infrastructure that ensures compliance with FINRA regulations. Whether data requires retentions of seven days or seven years, all data processing documented and stamped with both time and date. Detailed reporting provides clear insight with an audit trail of all backup activity.

With end-to-end encryption and immediate access to backed-up data, the Vault America Cloud Storage ensures high levels of security and availability for business-critical data. In addition, data is replicated from the primary datacenter to a secondary world-class facility.

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