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Beauchamp Financial names HedgeConnect disaster recovery provider

21 July 2005  |  1955 views  |  0 Source: Beauchamp Financial Technology

Beauchamp Financial Technology (BFT) and HedgeConnect, the disaster recovery division of Corporatec Limited, today announced that BFT had chosen HedgeConnect as a Certified Disaster Recovery Partner, to provide BFT clients with an outsourced disaster recovery solution directly connected to their BFT portfolio management systems.

HedgeConnect will provide Beauchamp customers with a choice of two disaster recovery packages, providing either overnight or real-time backups of business-critical data and application directories onto dedicated servers hosted by HedgeConnect at remote locations. Unlike traditional disaster recovery solutions, users of HedgeConnect will have secure access to their DR servers from any location, at any time, using an RSA SecurID key fob. As a result, they will have immediate access to key applications and data, including their Beauchamp portfolio management systems, in a disaster recovery situation.

Clare Flynn, President of Beauchamp Financial Technology said, "We are very pleased to be able to offer our clients a trusted third party disaster recovery solution, provided by hedge fund IT specialists like ourselves, with specific attention to storing and recovering data from Beauchamp systems. There is considerable demand amongst hedge funds for an affordable but robust disaster recovery service that can offer both managers and their investors the peace of mind that comes from knowing that business-critical data is being backed up and maintained by experts."

Anthony Hamilton, Founder and Managing Director of Corporatec said, "Our partnership with Beauchamp Financial Technology underlines our commitment to providing clients with a unique, cutting-edge disaster recovery technology that not only enhances their network security but also measurably mitigates business risk due to inaccurate or lost trade data. The hedge fund industry has reached a level of maturity where business continuity planning has become vital. HedgeConnect, Corpororatec's wholly owned disaster recovery division, offers fund managers an efficient, practical, vendor-approved and cost-effective disaster recovery solution."

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