Montpelier invests in new IT infrastructure to comply with FSA regulations


Montpelier invests in new IT infrastructure to comply with FSA regulations

Antony Savvas

Montpelier Asset Management has upgraded its network and IT infrastructure to help it comply with Financial 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."

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