Financial services giant State Street is one of the first firms to sign on for Amazon Web Services' new AWS Backup, a fully-managed, centralised service to automate backups of data and meet regulatory requirements.
As firms move more and more applications to the cloud, their data can become distributed across multiple services, including databases, block storage, object storage, and file systems. The new service provides a centralised place to manage backups across AWS.
Explaining the decision to use AWS Backup, State Street MD Nauman Noor says: "“We operate in the financial services industry and must provide data storage solutions that ensure the integrity and availability of backup data as stipulated by the FFIEC IT examination handbook.
"Meeting these regulations requires us to develop and maintain an internal serverless application to enable timely and auditable backups across the AWS services we use. With AWS Backup’s centralized backup console, we will have a single pane of glass to audit our backup processes across our AWS environment, mitigating the need for custom applications and thus, easing our effort to aid data integrity and availability."