Case Study: Proof achieves compliant, cost-effective archival storage with Wasabi Technologies

Wasabi Helps New Brokerage Firm Meet Strict SEC and FINRA Records Archiving Rules

Proof, a new institutional equities broker, needed an affordable way to archive financial, legal, and electronic trading records while meeting strict SEC Rule 17a-4 and FINRA Rule 4511 retention requirements. To address this challenge, Proof turned to Wasabi Technologies and its hot cloud storage as part of a multicloud architecture for compliant archival storage.

Wasabi Technologies provided Proof with an S3-compatible, immutable, and highly durable storage solution for long-term record retention. The result was lower archival storage costs, simpler deployment and operations, and reduced compliance risk, while the pay-as-you-grow model helped Proof align storage spend with business growth and free up budget for strategic initiatives.

Proof

Prerak Sanghvi

Chief Technology Officer