NEWS
Infortrend
partners with
demo lab in
Germany
Call for stricter regulations to
reduce IT outages in banking
sector, report finds
I
nfortrend Technology, an industry
leading enterprise storage provider, has
announced that it has installed all-flash array
storage solutions at e-shelter, one of the
largest data centres in Europe.
The partnership with e-shelter’s innovation
lab is for end-users and partners to evaluate
Infortrend’s leading Edge technologies
together with other innovations from
hardware and cloud technology providers.
From October 2019, Infortrend has
partnered with Kioxia (formerly Toshiba),
a leading memory vendor, by installing a
proof of concept (PoC) solution, including
enterprise-level SSDs and EonStor GSa
all-flash array storage systems. This PoC
unit aims to serve applications requiring
high-IOPS, such as database, virtualisation,
render farm services and surveillance. In
addition, a storage server, EonServ 7000 is
installed to further offload high workloads
in surveillance applications.
“This collaboration with Kioxia and e-shelter
gives us the opportunity to introduce our
high performance and high availability
storage solutions. It’s also easier for
our customers to test and evaluate our
solutions and data services. I know we have
good products so it’s exciting to know that
customers can now test them and see it for
themselves. I’m certain they’ll love them,”
said Victor Chiang, General Manager of
Infortrend Europe.
A
UK government committee has
warned that regulators must act
to reduce an increased amount of IT
failures in the financial services sector. The
number of incidents has been deemed
‘unacceptable’ by the Treasury Committee.
With online banking so popular in the
digital era, customers are relying on
online services in order to manage
their accounts – but they are becoming
frustrated at the frequency of IT
disruption, the committee stated in
its report, IT Failures in the Financial
Services Sector.
While the committee conceded that
completely uninterrupted access to
banking services was not achievable, it
stated that prolonged IT failures should
not be tolerated and the current level and
frequency of disruption and consumer
harm was unacceptable.
The report also stated that customers
are being left ‘cashless and cut off’ and
suggested ways to overcome the current
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INTELLIGENTCIO
level and frequency of disruption, as well
as consumer harm.
The committee highlighted the cloud
service provider market as a source of
‘systemic risk’. It said the consequences
of a major operational incident at a
large cloud service provider, such as
Microsoft, Google or Amazon, could
be significant, and that there was a
considerable case for the regulation of
these providers to ensure high standards
of operational resilience.
Commenting on the report, Steve
Baker MP, the Treasury Committee’s
lead member for the inquiry, said: “The
number of IT failures that have occurred
in the financial services sector, including
TSB, Visa and Barclays, and the harm
caused to consumers is unacceptable.
“The committee has made a series of
recommendations to the government and
regulators on how the impact of IT failures
can be prevented and mitigated to ensure
that consumers are protected.” n
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