Montpelier Asset Management has upgraded its network and
IT infrastructure to help it comply withFinancial Services Authority (FSA)
regulations.
The London firm handles accounts worth £500m and went to
services firm SAS Group to
provide a resilient, reliable and secure network with additional
disaster recovery capabilities.
Under
FSA rules, Montpelier must have a business continuity strategy
in place to ensure smooth running of its operations in the event of
a network failure.
It appointed SAS to review its infrastructure and make
recommendations for improving the performance, security and
resilience of its network.
Having carried out an initial audit of all on-site
infrastructure components, SAS found much of Montpelier's hardware
was out of warranty, and business operations relied on several
unsupported software programs.
On SAS's advice, Montpelier completely refreshed its technology,
including the installation of three new servers, new desktops,
routers, switches and firewalls.
With limited IT resources in-house, the SAS Group managed the
project from start to finish and provides ongoing support.
"An update of our IT system was vital to ensure we could adhere
to stringent industry standards, and to avoid any further
disruption to the day-to-day running of our business," said Jean
Cooke, Montpelier's company secretary.
"After reviewing our existing set-up, SAS completed the
implementation over one weekend, with no interruption to our normal
working practices."