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Delivering Real-Time Financial Insights with Agile IT

george_hope

Business needs are rapidly changing as data and the Internet of Things (IoT) grow. Those in the financial services industry especially face new challenges as regulations change and customer service evolves, requiring on-demand data access without compromising security. These businesses must harness data analytics to gain insight into their consumers so they can maximize their return on investment (ROI) and customer satisfaction. The Financial Brand reports that insight-driven analytics is among the top ten trends that will change the financial services industry forever. In fact, 53 percent of financial institutions surveyed said the use of big data was among their top three concerns, with improving the customer journey being the only thing more important.

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 Source: Digital Banking Report 2016

In harnessing big data and IoT insights, businesses can improve many of the other challenges from the report, including the number one concern, the customer journey. Financial service small to midsize businesses (SMBs) especially need to utilize these data insights to improve efficiency and return on investment (ROI).

NEW IT FOR NEW CHALLENGES

The best way businesses can harness big data insights is by investing in Hybrid IT, a combination of on premises data center infrastructure and public and private clouds. Hybrid IT gives businesses the speed, control, and security of on-premises with the flexibility and reduced costs of the cloud. With the HPE StoreVirtual family, a software-defined storage system, users can create a Hybrid IT environment by mobilizing Flash technology as needed. This gives financial service SMBs the freedom to grow in any direction, at any time, across any form factor or consumption model. By providing data mobility across servers, storage, networks, and other services, StoreVirtual boosts agility and lowers costs.image2.jpg

Source: HPE 2017

HPE StoreVirtual 3000 brings enterprise capabilities to entry-level IT departments with an advanced, multi-controller architecture designed with simplicity and flexibility in mind for a low starting cost. Financial service SMBs who invest in HPE StoreVirtual 3000 stand to gain the following:

  • Simplified management that grows when businesses grow. Businesses can manage multiple platforms via an intuitive GUI with a single user interface, while plug-ins for VMware and Hyper-V let them manage the storage behind server virtualization deployment from within the existing management tools. An affordable, granular, building-block approach lets SMBs invest in a low-cost, entry-level unit that is ready to scale when they are, providing investment protection that helps them get off of the disposable technology treadmill.
  • Seamless access to data. SMBs need reliable data access to harness valuable business, customer, and IoT insights. Built-in resiliency features include redundant hardware components and an online, self-healing file system. Combined with app-integrated, app-aware snapshots and Remote Copy, data has a 99.999 percent availability, allowing businesses to sustain multiple concurrent failures and still keep data online and accessible to applications.
  • Analytics. StoreVirtual 3000 utilizes StoreFront Remote, a powerful, proactive cloud-based analytics engine that gives businesses anytime, anywhere access to an intuitive dashboard that presents unique insights, system health, and other analytics.

Financial service SMBs rely on data to provide service to their consumers. By investing in Hybrid IT with HPE StoreVirtual 3000, businesses can harness the data they already have to gain real-time insight into their consumers, allowing them to provide better customer service

To learn more about how HPE StoreVirtual can deliver the real-time financial insights for your financial service SMB, please follow us on Twitter at @HPE_SMB.

About the Author

george_hope

George Hope is Vice President, Worldwide Small and Medium Business. He brings to HPE over 20 years of technology experience, joining HPE as part of the SimpliVity acquisition, where he was VP, Global Channels. He was named one of the 50 most influential channel chiefs by CRN in 2015 and 2016. Prior to SimpliVity, George spent 17 years at EMC. He was Sr. Director of Global Channels for EMC’s Isilon Division, where he tripled the partner business in 3 years. George also led the US Field Channel team for all product lines from EMC, and has held other Sales, Sales Strategy and Channel Management positions. George holds a Bachelor of Arts degree in Economics from the University of Massachusetts at Amherst.