An online mortgage company expects to service over one million customers this year, triggering tens of millions of digital transactions. A credit card company processes hundreds of thousands of retail purchases every hour. Banks of all sizes are managing millions of debit card, ecommerce, and ATM transactions 24x7. Investment houses and stock exchanges are running analytics on petabytes of data to execute high-frequency trading in milliseconds. All of these financial applications and others share one thing in common: the need to conduct high volumes of business activities in what seems like real time for the best possible customer experience.
High availability, high performance, and highly scalable data storage and processing solutions with the flexibility to add emerging services like containers and virtual machines are needed to handle increasing workloads and access data with low latency to gain a competitive edge. This is especially true in the fast-moving world of financial markets, where capitalizing on early trends and maximizing customer satisfaction are critical to success and customer retention.
Dell EMC PowerStore technology provides the frontline data storage capacities and processing platform to execute financial transactions faster and make smarter analytical decisions for better business outcomes. PowerStore is a next-generation midrange data storage solution targeted at customers who are looking for value, flexibility, and simplicity. Purpose-built all-flash Active/Active storage supporting both storage class memory (SCM) and non-volatile memory express (NVMe) drive technology optimizes performance for mission-critical applications at the lowest possible cost.
Available in two configurations, PowerStore T Series is storage-centric and provides both Block and File services. The software stack starting with a CoreOS is deployed directly on bare metal hardware and can be connected in a cluster of up to four appliances. PowerStore X Series is designed to run applications and provide storage. PowerStore X systems are Block-only storage with a hypervisor (ESXi) installed on the bare metal and the software stack is deployed on the hypervisor. This design enables the deployment of customer VMs and custom applications. Multiple models of each series are available with escalating performance. PowerStore configurations can be scaled up (add more storage, either SCM or NVMe), or scaled out (add more processing power).
PowerStore provides customers with data-centric, intelligent, and adaptable infrastructure that supports both traditional and modern workloads through:
- Data-centric design that optimizes system performance, scalability, and storage efficiency to support any workload without compromise.
- Intelligent automation through programmable infrastructure that simplifies management and optimizes system resources, while enabling proactive health analytics to easily monitor, analyze, and troubleshoot the environment.
- Adaptable architecture that enables speed and application mobility, offers flexible deployment models, and provides choice, predictability, and investment protection through flexible payment solutions and data-in-place upgrades.
In fact, one of the most significant and exciting attributes of PowerStore for financial applications is that it enables customers to continuously modernize their infrastructure over time as requirements change, without limits and on their terms. This allows IT organizations to eliminate future cost uncertainties and predictably plan for the future. The result is the reliable, secure processing of mortgage applications, stock trades, retail transactions, and money management by institutions to which millions of end-users entrust their financial assets.
With a Dell EMC PowerStore solution implemented by IIS, financial services customers can deploy right-sized technology to consolidate data and applications to meet their current needs, and retain the flexibility to scale up and scale out to independently add capacity and compute/performance as workload requirements change over time.
IIS has deep experience helping medium- and large-sized financial institutions design and build a data-centric infrastructure to support their growing volumes of data processing transactions through our multitude of technology partners, like Dell EMC. Contact us at iistech.com for a no-cost assessment and learn how your enterprise can benefit from PowerStore high performance data storage solutions.