ZL Technologies Transforms Business Model with SunGard Cloud
For the last 12 years, ZL Technologies, Inc. (ZL) has provided large-scale record-management services to top global institutions in the finance industry. They are specialists in records management, archiving and e-discovery solutions.
ZL’s business has a number of unique characteristics. For example, firms frequently need to search masses of historical emails for specific information for litigation. Databases quickly grow as institutions generate more electronic data each day and regulations specify how long records are kept. Regulatory requirements for security and governance are tight, and regular audits of IT-vendor processes are required.
To grow their business, ZL developed Unified Archive®, a new SaaS offering that leverages the cloud. The cloud enables ZL to grow their business, as well as meet unpredictable customer demand, without the need to build and staff new, costly IT infrastructure.
ZL selected SunGard’s Enterprise Cloud Services, configured as an on-demand, fully managed, virtual private data center, to support its Unified Archive application. This IaaS set-up provides multiple layers of protection, including redundant firewalls, segregated Layer 2 networking and integrated virtual private network (VPN) connectivity—all critical requirements for ZL. Under SunGard’s managed services agreement, we will monitor, patch, backup, maintain and troubleshoot to reduce ZL’s provisioning and administrative burdens.
Stephen Chan, ZL’s co-founder, termed our Enterprise Cloud services “a highly secure and resilient platform, based on IT security best practices, and architected for compliance.” He said we are helping them “break a major price barrier,” which will let them”reshape” the economics of their solutions.
Chen said he looked at a number of competing solutions, but found SunGard’s to be the best fit for making their SaaS business model work. Also, flexible and elastic pricing, which turns IT infrastructure into an operating expenditure rather than a capital expenditure, were essential.
ZL is a great example of how a company can transform their business using the cloud. We welcome them as a new client.
Does your company have special regulatory and security needs that could benefit from SunGard’s Enterprise Cloud offering?
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Unified Archive is a registered trademark of ZL Technologies
