GridBank for Financial Services

GridBank for Financial Services delivers high performance, highly available access to information assets, combined with a comprehensive information governance toolkit, simplifying regulatory compliance, mitigating risk and reducing cost


GridBank for Financial Services Overview

Creating Returns from Data

Financial services organizations (FSOs) today face mounting regulatory pressure, reduced budgets and growing data volumes. With a comprehensive information governance, compliance and regulatory risk framework, high availability on demand data access, data volume growth management technologies and industry-leading security, the GridBank Data Management Platform creates a return on data assets for the finance industry.

Challenging Business Environment

Following the 2007/8 credit crisis, FSOs have confronted increasingly difficult environmental challenges. Regulatory compliance mandates concerning storage, management and retention of financial information and data, as well as oversight bodies and public scrutiny are becoming ever more intrusive, while capital requirements are driving cost reductions across the industry. Additionally, organizations need exceptional levels of high availability access to data and information for productivity and innovation or they risk significant losses or opportunity costs. Combined with this, the volume, velocity and variety of information flowing into these organizations is growing exponentially, leading to increased cost in storage and management of data. Finally, information security remains a high priority across the sector and protecting data from unauthorized access is a mandatory focus.

Data Management Platform

The Tarmin GridBank platform provides a high performance, high availability platform for on demand access to business critical information, supported by a comprehensive information governance, compliance and security solution designed to control the growth of unstructured data within an organization and create value from data.