Top Of The News - Storage:

Mashreq Bank Rolls Out Enterprise Storage Strategy With STME

The Middle East's enterprise storage leader STME has implemented an advanced business continuance strategy for its client of three years, Mashreq Bank. Mashreq Bank's new enterprise storage infrastructure provides full redundancy for the financial services leader's core banking information, enabling Mashreq to have continuous access to its key corporate information.

The seamless replication of all of Mashreq Bank's most important information creates a business continuance strategy that allows the bank to recover swiftly and completely from any unplanned downtime.

Mashreq Bank's new business continuance infrastructure is based on EMC Symmetrix hardware and Symmetrix remote data facility software, which links the technology between two remote data sites. The EMC software is bi-directional, which enables key banking information to flow between the Mashreq sites should unplanned system downtime occur. Under the terms of the new agreement, STME will provide implementation, training and knowledge transfer, and ongoing 24x7 support for the Mashreq Bank initiative.

Mashreqbank is a leading retail bank in the United Arab Emirates (UAE) and also ranks among the largest in commercial, treasury, investment and correspondent banking, with total assets of 22.7 billion Emirati dirhams ($6.17 billion). Founded in 1967, Mashreqbank is the oldest private-sector bank in the UAE and has played a pioneering role in the industry.