Case Study: Leading Financial Consulting Service Provider achieves compliant, cost-effective cloud archiving with StoneFly

Cloud Archiving Simplifies Data Archiving for Finance Company

Leading Financial Consulting Service Provider, a finance services organization serving thousands of enterprise customers across the UK, US, and Europe, needed a better way to manage large volumes of sensitive financial data. Its existing on-premises storage was becoming too expensive and difficult to scale, while compliance requirements meant the company had to retain data for years. StoneFly’s Data Aware Cloud Archiving Solution was chosen to address these long-term archiving and compliance challenges.

StoneFly implemented a hardware-agnostic, cloud-based archiving platform that automated data tiering and policy-driven transfers to secure cloud storage. This simplified archiving, reduced reliance on costly storage hardware, and improved total cost of ownership with a flexible pay-for-what-you-use model. The company also gained a highly scalable, compliant solution that helped it meet FINRA, Graham-Leach-Bliley, and Sarbanes-Oxley requirements while easing the workload on IT.