Case Study: Spot Trading achieves 96% archival cost reduction and reclaims 40 hours/month with Riverbed Whitewater

Spot Trading Implements Riverbed® Whitewater® Cloud Storage Appliance To Optimize Their Data Storage Process

Spot Trading, a technology‑driven proprietary trading firm in the finance sector, faced a time‑consuming tape backup process that tied up one person about a week each month and required restores that could occupy staff for two to three days. The IT team wanted to reduce manual tape management, speed restores, meet security requirements, and free up resources for higher‑value projects.

Spot implemented a Riverbed Whitewater cloud storage appliance connected to Amazon Glacier (integrated with Backup Exec), using Whitewater’s deduplication/compression and strong encryption. The change reclaimed about 40 hours/month of IT time, cut archival costs by 96% (with a two‑year appliance ROI), avoided an estimated $500,000 SAN upgrade, reduced stored data by 85%, and shortened restores to minutes from cache or roughly 4–5 hours from Glacier versus days with tape.

Spot Trading

Andrew Girin

IT Technical Team Lead