Recent natural disasters have brought to light the need for mortgage companies to take a hard look at disaster recovery.
Jack Henry & Associates, Inc. JKHY, a leading provider of technology solutions and payment processing services primarily for the financial services industry, announced today that it has expanded its relationship with IT-Lifeline which enabled the addition of Centurion Enterprise-Level Recovery(TM) to its suite of disaster preparedness and recovery solutions.
IT-Lifeline, a provider of comprehensive business continuity and compliance testing solutions for the financial services industry, today announced Spokane Wash.-based Numerica Credit Union has implemented its disaster recovery and compliance solution for faster recovery of its key IT systems and to enhance regulatory compliance.
Addresses flaws in technology centric business continuity and disaster recovery plans that put banks and credit unions at increased operational and compliance risk.
IT-Lifeline seems to have serious momentum delivering enterprise-class disaster recovery services to regional banks and credit unions. The company serves about 115 customers at the moment, but is also offering its BLACKCLOUD private cloud solution to peer MSPs.
When natural Disasters occur, bank marketers become company spokespersons, communicating vital updates to investors, employees, media and customers. Since natural disasters appear to be on the increase, communicators need to prepare by having a crisis plan in place.
IT-Lifeline, a provider of comprehensive disaster recovery and compliance testing solutions for the financial services industry, has experienced several important milestones in 2012, including upgrading its Disaster Recovery Compliance Testing service to provide banks and credit unions with access to comprehensive compliance reporting that demonstrates successful completion of recovery tests and enables banks and credit unions to meet examiner expectations.
Community banks are getting increased regulatory pressure to beef up their technology platforms and emergency response plans for unexpected events such as hurricanes, floods and cyberattacks.
IT-Lifeline and 2nd Watch established a strategic partnership in 2011 to benefit customers with enhanced access to solutions with major cloud providers. IT-Lifeline provides cloud-based disaster recovery services while 2nd Watch provides cloud enablement software and services for small and midsized companies. 2nd Watch ended 2012 with $4.2 million in funding from Madrona Venture Group. As part of the funding, Matt Mcllwain, Managing Director of Madrona Venture Group, has joined the 2nd Watch board of directors.
IT-Lifeline launches its BlackCloud Direct Connect to enable banks and credit unions to speed up recovery times and eliminate the added expense and time needed to maintain a secondary data site.
Latest Invest NW Launch Spokane Segment has Bill Kendall Kalivas and Monique Cotton interviewing IT Lifeline–a local IT disaster company.
The post Hurricane Sandy lessons learned keep coming in as it becomes plain that some credit unions had woefully inadequate disaster recovery and business continuity plans, but other institutions kept operating despite the devastation that hit much of New Jersey and New York City.
The concept of putting disaster recovery in the cloud underscores two of those biggest concerns. Not only are banks allowing their data to be mirrored in the cloud, but disaster recovery is a heavily regulated area of banks’ operations.
With Hurricane Sandy poised Friday to begin its expected turn towards the East Coast, the credit union industry was bracing for the storm.
With more banks outsourcing their business operations, bank examiners have renewed their focus on vendor management
IT-Lifeline announces its enhanced recovery testing solution to provide financial institutions with comprehensive compliance reporting that demonstrates successful completion of recovery tests and enables banks and credit unions to meet examiner expectations.
Matt Gerber said he’s gotten a lot of calls lately from credit unions with an immediate need they haven’t had before. The examiners are coming and his clients need to prove they have their heads in the clouds.
Enabling Financial Institutions to Recover Workstations Faster During Crisis
Matt Gerber is CEO of IT-Lifeline, a company similar to Ongoing Operations that offers cloud-based fully managed IT disaster recovery services. It counts among its clients approximately 35 credit unions. “The old theory of sending five IT people 300 miles away to a facility to address disaster recovery is outdated; those days are gone,” said Gerber. “When it comes to recovery, and our Black Cloud Service, we can be accessing all the information as long as there is a wi-fi connection.”
Authenticates disaster recovery company in full compliance with operational and security controls
Financial institutions take advantage of recovery testing capabilities
For nearly four years, Sue Ozburn would check every night that the hardware housed in a tiny computer room inside Cashmere Valley Bank’s headquarters had not been reduced to a smoking hulk.
Historically, disaster recovery required a significant investment in physical infrastructure. Organizations had to balance the risk of not being prepared for a disaster with the cost and level of recovery they could afford…
Leading MSP leverages Simpana software’s Integrated Cloud Connector to support cloud-based disaster recovery service on Amazon Web Services
IT Lifeline and 2nd Watch provide customers with full spectrum Cloud solutions
IT-Lifeline strategically aligns with Amazon Web Services and CommVault to architect BLACKCLOUD® Edge to change how mid-sized enterprises buy and use disaster recovery
Tom McAndrew is an experienced leader with IT assessment and audit expertise in a variety of industries including financial services, healthcare, government, and retail.
Over 20 years of experience in the Internet and telecomm industries, Jared shares his viewpoint on the key trends to watch
IT‐Lifeline and Business Continuity Center of Seattle are teaming up to combine the flexibility and efficiencies of the cloud with local, physical recovery facilities
Bob has been in the technology solutions business for over 35 years and discusses the different cloud options available today
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Oregon Bankers Association Endorsement of ITL Weighs Into Banks Decision
Company gears up for growth with key leadership addition
OBA subsidiary BancSource will work with IT-Lifeline to present Business Continuity services to member banks
The partners can provide space and technology for hundreds of employees displaced by natural or man-caused disasters
A Liberty Lake tech company helps businesses keep data flowing during disasters
Inc. 5000 Announces IT-Lifeline in August Press Release
Audit Testing Results Prove Customer Data and Operations Security; SOX Compliance
Southwest Airlines will feature Spokane region in the August issue of its in-flight magazine
Southwest Washington Financial Institution Finds Eastern Washington Ideal for Disaster Recovery
Sterling Savings to Leverage Business Recovery Center in Liberty Lake, WA
Cashmere Valley Bank’s (CVB) entire operating environment, including their core system will be vaulted for recovery at the IT-Lifeline (ITL) Recovery Center.
The Migration from Western to Eastern Washington for DR/BC Continues.
CEO, Steve Tabacek – Describes Mobile Recovery Options
Lynden Views DR/BC as a Critical Element of Customer Service.
Horizon Credit Union’s Wintel and XP Systems data to be secured off-site at the IT-Lifeline Recovery Center.
IT-Lifeline Will Seek Clients in Boise, Portland. This is an article that was recently in the Spokesman Review, describing our upcoming expansion in August and our decision to include Boise and Portland in our geographical marketing efforts.
Washington Trust Adopts IT-Lifeline’s Mobile Recovery Solution
Potlatch #1 Federal Credit Union & IT-Lifeline
Washington Bankers Association supports IT-Lifeline’s Continuity Solution
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