DNS - Leading Financial Services Firms Increasingly Leveraging Backup My Info! To Safeguard Business-Critical Data

Investment in the right disaster recovery solution is a must for the financial service firms and as many as 100 such firms have trusted Backup My Info! for addressing their data protection needs. Through a recent press release, Backup My Info! announced that more than 100 leading financial services firms are utilizing BUMI for off-site backup, disaster recovery and compliance initiatives.

With its online back up system, BUMI has been catering to small and mid-sized enterprises. Headquartered in the center of Wall Street, BUMI is strategically located to serve the needs of financial services firms. The company said that the financial services firms including the Hedge Funds, Brokerage Firms and Banks are increasingly leveraging BUMI as a trusted solution to proactively manage and secure their business-critical data. Current clients include JF Capital Advisors, Bulldog Investors, Geller Group, LLC and Kettlehill Capital Management LLC, among the others.

“In our industry, it's mandatory to have a disaster recovery solution. Data protection is critical to our business but not core to our focus. BUMI's specialization in online data backup combined with its active monitoring capabilities ensures our backups are performed as scheduled, allowing us to focus on our core business, and most importantly, the needs of clients,” Danielle Hughes (News - Alert), founder and CEO of Divine Capital Markets LLC, said while explaining the relevance of BUMI to the financial market. Divine Capital Markets is a boutique institutional brokerage firm specializing in trading, research and investment banking.

One of the basic advantages with BUMI is: it supports all major operating systems.

BUMI also provides an off-site data backup and recovery service, which is automated.

Data protection and reliability happens to be the prime concern for financial services firms, using any data back up solution. According to BUMI, its online data back up solution is extremely secure, as several layers of security has been integrated into the solution. Data is encrypted at the point it leaves a customer site and remains encrypted at all times.

For extra protection, BUMI offers 24/7 monitoring of the back up process by its senior engineers. This ensures that customer data is properly safeguarded and proactively follow up if they identify any errors or problems. The company informed that from a disaster recovery and business continuity perspective, all off-site backups are stored in SAS70 Type II data centers located in Canada.

“Financial services firms increasingly rely on their business-critical data to manage their operations and serve the needs of clients. Our secure, off-site backup and restore service not only provides peace of mind for business continuity purposes, but also includes audit trail capabilities to help organizations adhere to their own compliance needs,” Jennifer Walzer, CEO at Backup My Info!, Inc. explained.