DundeeWealth (TSX: DW), a Canadian-owned, independent wealth management company that currently oversees $72.2 billion in fee earning assets, has selected SunGard Availability Services to provide managed services and workforce continuity.
The SunGard solution will assist DundeeWealth with information availability, regulatory compliance and security needs with added efficiency.
"We conducted an exhaustive vendor search and selected SunGard Availability Services because it is unique in its ability to deliver a blended solution of colocation and workforce continuity," said To Anh Tran, senior vice president of Business Transformation and Technology at DundeeWealth. "SunGard crafted a tailored solution for DundeeWealth, specifically designed to boost resiliency and system uptime by leveraging economies of scale and specialized availability expertise. The superior quality of their data centers combined with their proficiency in the domain will help facilitate the continuity of our business processes."
SunGard provides DundeeWealth with a redundant, secure, highly available IT infrastructure. SunGard will manage with DundeeWealth the migration of its systems, helping to safeguard availability during the transition.
DundeeWealth also has access to dedicated and shared workspace at SunGard's Toronto-based workforce continuity center should a DundeeWealth facility become unavailable after a systems outage or disaster. SunGard Workforce Continuity services provide an alternative workspace, telecommunications capabilities and IT resources to support DundeeWealth's workforce so business processes can be quickly resumed following an interruption.
"DundeeWealth has taken a best practices approach to information availability by managing people, data and systems holistically," said Andrew Bryne, regional vice president, Solution Engineering at SunGard Availability Services. "This strategy will help DundeeWealth maintain the reliability, redundancy and security required to maximize operational efficiency."
SunGard Colocation Services provide space, power and network capabilities in professionally designed facilities offering reliability and security. The services help organiorganizations to retain ownership and management of dedicated equipment in a secure multi-tenant facility, helping deliver lower costs and higher quality. SunGard's facilities can serve as a primary production location, or as a secondary data center for backup and recovery or testing and development.