Maybe no one will hack into your data.
Maybe there won't be a storm that knocks out your power.
Maybe you won't be criticized on your next IT exam.
Maybe you're operating efficiently.
Or maybe you should call BankOnIT and know for sure.
What is it?
Most financial institutions have separate servers at each location, as well as different servers for different software applications, which results in lots of servers and lots of overhead.
Large financial institutions typically have a datacenter without servers at the branches and run more software applications on a single server, thereby being more efficient in their use of technology than their competitors.
BankOnIT’s Managed Dedicated Servers option provides financial institutions the ability to host servers in a datacenter environment with all of the benefits of a large datacenter without the large costs.
Security
Security of your financial institution’s information is of paramount importance to us. BankOnIT is staffed 24/7/365. We monitor your firewall, network and servers continuously to ensure that your network is safe, secure and available.
Reliability
Similar to the way a large financial institution would operate, we have staffed, dual site hosting at locations in Oklahoma City and Tulsa, Oklahoma so that your data is available from two fully redundant and separate sites. Both locations are protected with natural gas powered electric generators and redundant Internet connectivity from separate service providers.
Disaster Recovery
Many financial institutions utilize tape or removable hard drive backups and take the data offsite each evening to either a branch or other locations. While taking data offsite is good, it only solves part of the problem. The other part is getting the backup data back into a form that is usable to operate your financial institution. By using BankOnIT’s Managed Dedicated Servers, your data is hosted and always available at dual sites so you can access your data from anywhere you can get a secure Internet connection, thereby greatly enhancing your disaster recovery options.
Regulatory and Audit Oversight
We actually asked regulatory authorities to examine us, because we knew that by placing additional exams, audits and controls on us, less regulatory burden would be placed on our client financial institutions. BankOnIT has been designated as a Technology Service Provider by the FFIEC and as a result undergoes regular exams from Federal Financial Regulators. Additionally, we engage an independent CPA firm to perform annual SAS70 Type II audits.
Efficiency
Financial institutions with branches across the country don’t operate by installing servers and P.C.s at every branch because they have discovered that there is a more cost effective way of delivering technology to their employees. Hosting your servers at BankOnIT provides you the same efficiencies. By eliminating the need to buy most new servers your depreciation and maintenance costs will decline substantially. Plus, through the use of Thin Client technology you can replace your P.C.s over time, saving about half the cost of a new business class P.C. with a replacement device that lasts 2 to 3 times as long as a traditional P.C., providing additional savings.
Answers
BankOnIT’s Managed Dedicated Servers answers your questions about security, reliability, disaster recovery, audit controls and constant upgrades to systems and servers. With unlimited capacity and 24/7/365 monitoring, BankOnIT can seamlessly host your financial institution’s data and information allowing your system to be safe, secure and available. Call us at 405-605-3900 or e-mail us at solutions@bankonitusa.com for more information.