Financial institutions choose private hosting rather than public cloud

By: Marcus Jones

It’s likely that your firm has already moved operational infrastructure to either a private hosting environment or a public cloud service provider. Maybe discussions are still taking place, weighing the benefits of service migration.

Many industry experts argue that hosting with a public cloud saves more money upfront than using a private hosting provider. However, total cost of ownership actually swings in favor of private. Add-on services (e.g. software licenses, operational support and cloud expertise, enhanced monitoring, storage management increases, etc.) can compound quickly.

Are public cloud service providers knowledgeable about the intricacies of all the applications they host and how the data is used? No. They provide infrastructure as a service which is not the same as Software-as-a-Service (SaaS). The challenge is to find a secure hosting solution provider that understands the nuances of managing financial services data. SS&C is that provider.

The hosting services from SS&C provide:

  • Increased efficiencies throughout your operations: we have the technical expertise to design, execute, and maintain a fully automated daily and nightly workflow to enable quicker nightly batch cycles for dependable access to data whenever you need it
  • Reduced overhead, operational risk, and IT costs: our experienced, global technical team manages and maintains your technical environment so you can focus on your core competencies
  • Confidence that your data is protected from loss and business failure: the SS&C data centers provide you with 24/7 access to the same world-class technology and business IT solutions relied on by some of the world’s most data-sensitive clients
  • Consistent, high service standards: with client-driven service level agreements and monthly reporting, we continually monitor service levels to ensure they exceed your expectations

SS&C has dedicated, experienced staff that manages your technical environment and batch processing for you, so you can focus on delivering value to your clients. Our staff has the experience and tenure to understand and handle all processes, including production server management, database administration, disaster recovery, and technical support staffing. We ensure the highest level of database integrity and system availability with 24/7 monitoring of servers and networks and 24/7 access to data and applications.

For more information on how the SS&C hosting services can improve your operational infrastructure, increase application efficiencies, and reduce data management overhead, download our brochure, request more information, or email marcus.jones@sscinc.com.