EastWest Bank has opted for the cloud-based HP Converged Infrastructure to cut it’s IT cost and improve efficiency.
EastWest Bank’s upgraded infrastructure includes HP 3PAR StoreServ T400 Storage System and HP ProLiant DL360 Servers.
Randy Evangelista, vice president and head, information technology group, EastWest Bank, said: "Our previous system didn’t give us enough flexibility to meet our daily business needs; the infrastructure was limiting because we were unable to allocate storage between systems."
"By implementing HP Converged Infrastructure, we’ve taken an important step towards building a private cloud and delivering a dynamic and flexible IT environment that can keep pace with our business demands."
EastWest Bank has deployed one HP 3PAR StoreServ T400 Storage System at its production data centre and another at its disaster recovery site.
EastWest Bank it has achieved it’s primary objective of reducing end-of-day processing time by 40%. Data recovery time for all mission-critical systems was also reduced from up to four hours to one hour, including core banking and other principal financial applications.
The updated infrastructure offers 80TB of total storage capacity, approximately five years of data, to meet important financial industry data storage requirements.
EastWest Bank chose HP after evaluating solutions from IBM and EMC.
The bank has admitted that its legacy IT system "hindered productivity", with end-of-day financial system closing process that required a minimum of six hours to complete.