EastWest Bank of Philippines has selected HP Converged Infrastructure to streamline IT operations, bring down costs and scale up IT infrastructure to address increasing customer transactions.
HP Converged Infrastructure will provide a modern, flexible and agile foundation to keep pace with business demands and transition to private cloud.
Though EastWest Bank, which was set up in 1994, invested in IT to support new client services, its legacy IT infrastructure impacted productivity. This included an end-of-day financial system closing process that required a minimum of six hours to complete.
Before selecting HP, the bank had evaluated solutions from IBM and EMC.
The upgraded infrastructure includes the HP 3PAR StoreServ T400 Storage System, for scalable, flexible and cost-efficient storage.
EastWest Bank also deployed HP ProLiant DL360 Servers to optimize performance per watt and square foot, while maximizing power efficiency with shared power supplies.
Randy Evangelista, vice president and head, Information Technology Group, EastWest Bank, said: “By using HP Converged Infrastructure, we’ve taken an important step towards building a private cloud and delivering a dynamic and flexible IT environment that can keep pace with our business demands.”
To ensure business continuity, EastWest Bank deployed one HP 3PAR StoreServ T400 Storage System at its production data center and another at its disaster recovery site.
The ability to consolidate thousands of virtual machines onto a single storage system enables the company to easily handle the increase in workload and support further growth.
Implementing HP 3PAR StoreServ has enabled EastWest Bank to achieve its primary objective of reducing end-of-day processing time by 40 percent.
Data recovery time for all mission-critical systems was also reduced from up to four hours to only one hour. This includes core banking and other principal financial applications.
Additionally, sharing and maximizing storage capacity enables EastWest Bank to eliminate the need to purchase additional hardware.
The updated infrastructure offers 80 TB of total storage capacity, approximately five years of data, to meet important financial industry data storage requirements.