Financial Consulting Firm Chooses IT Solutions for Advanced Security & Compliance Support
Strategic Banking Partners (SBP) provides consulting services to a wide range of financial institutions, including banks, credit unions and the like, to assist with development of lending policies and procedures.
SBP came to ITS in search of an off-site hosting solution for their network. They sought an IT partner with a strong track record on security and financial industry expertise, and one capable of supporting their growing business portfolio and customer needs.
As a consultant in the highly regulated financial industry, SBP and their clients are required to adhere to strict standards set forth by FINRA and the SEC to ensure their network is set up with proper protocols to keep their customer data protected. As such, SBP’s customers require up-to-date documentation of their security practices, and oftentimes ask detailed questions that require technical expertise.
SBP chose to move their network to NearCloud® – IT Solutions’ private data center offering – for its highly secure, state-of-the-art hosting environment. Leveraging enterprise-grade technology on a dedicated domain system, SBP’s data and applications are entirely separate from other IT Solutions clients, providing a flexible and autonomous network environment.
Our proactive, multi-layered approach to security ensures that strong, policy-driven practices are in place across all levels and areas of SBP’s network. Additionally, NearCloud includes a redundant offsite backup solution located in another region of the country -- a key component of any security strategy.
IT Solutions and NearCloud meet SSAE 18 and SOC 2 security standards, which exceed both SBP's customer and industry regulatory requirements.
With the help from IT Solutions, SBP now takes a proactive approach to security, adding new services to bolster security as a competitive advantage to their customers.
Working closely with a Virtual CIO (vCIO) from IT Solutions, SBP now has the strategic guidance and resources to provide the necessary documentation about the firm's security practices and fast and accurate responses to customer questions.
With the knowledge that they are taking all the proper steps to meet standards in their industry and follow best practices, SBP management has the confidence to continue to grow their business.
"IT Solutions is not just a vendor to us, they are a trusted partner and solutions provider for whom we rely on to provide a secure network that meets the needs of our customers."
Don Wamsley, Dir. of Operations, Strategic Banking Partners