HONG KONG (11/11/2003) - Hong Kong-based Credit Lyonnais Securities Asia Ltd. (CLSA) has appointed EMC Corp. to build a SAN infrastructure with automated recovery capabilities, stated the storage systems provider.
The new infrastructure centralizes CLSA's IT operations from 12 branches worldwide into the Hong Kong operation. It also consolidates eight terabytes of data from its various systems across the globe including backup, accounting, human resources and a risk management and research databases.
Within the CLSA's current infrastructure, 15 applications require hot stand-by capability, said T. Rajah, CIO.
"We can't afford any application failure for more than half-an-hour without significant cost to the business," said Rajah. "With the automated recovery capability, we can now automatically restart the full infrastructure applications and services whenever they fail."
The new storage infrastructure also allows the firm to rapidly introduce new services and drive its electronic transaction business effectively. Rajah said the company now conducted 50 percent of its transactions electronically, as compared to five percent before the infrastructure was ready.
"In the past, it took us 15 to 16 hours to create a new service testing environment. Now it can be done in less than half-an-hour," said Rajah. "The enhanced testing process allowed us to introduce our electronic services in Japan within three months."
He added the system has also helped the company to achieve business continuity when Hong Kong was hit by Severe Acute Respiratory Syndrome (SARS) in April 2003. The centralized system allows more than 50 percent of the CLSA staff to work from home with easy access and retrieval of information.
"As our data requirement is expected to double in the coming year, we are planning to introduce a third disaster recovery site outside of Hong Kong," said Rajah.