NTT, a leading global technology services company, last week announced deployment of a Software Defined Data-Centre solution for UNION Asset Management Company (Union AMC).
Union Mutual Fund is co-sponsored by Union Bank of India, one of the leading public sector banks in India, and Dai-ichi Life Holdings, a financial services holding company incorporated under the laws of Japan. Union AMC manages its equity, fixed income, and balanced mutual funds for individuals and institutional clients.
A software-defined infrastructure transformation is not a future or an emerging trend in data centers anymore. It is the present, and it can enable financial institutions to stay competitive in today’s challenging business environment,says NTT. With growing business demands, Union AMC’s current IT infrastructure needed a revamp to ensure that it boosts efficiency, security and be flexible to accommodate future technology enhancements. With this digital infrastructure transformation, Union AMC takes its first step towards a futuristic Hybrid IT Infrastructure adoption roadmap that is expected to optimize operations, minimize security risk, enhance infrastructure agility using automation and virtualization, and business scalability with an infrastructure that can host new applications and augment capacity on demand.
The new data center is designed for automated Infrastructure provisioning, auto-scaling of both compute and storage for applications through a common management console, faster backups-restore and a Disaster Recovery setup which will seamlessly failover highly critical workloads without business disruptions.
Yunus Sagari, Head - IT and Chief Information Security Officer (CISO), Union Asset Management Company
We are evolving from a legacy data center model to a virtualized hybrid IT environment at the core of our digital transformation journey.
Rahul Ambegaoker, Senior Director & Region Head, West, NTT in India
Embracing digital transformation with hybrid IT environment and a software-defined data center is a matter of survival in a business environment where innovation, disruption and competition are pushing financial institutions to reimagine their business models.
