Maxim Group Deploys FalconStor

NEW YORK -- FalconStor Software, Inc. (NASDAQ: FALC), the market leader in disk-based data protection solutions, today announced that Maxim Group, a New York based investment banking, securities and investment management firm, has selected FalconStor Continuous Data Protection (CDP) to ensure continuous availability of its financial products for its customers.

Maxim Group was seeking to improve its business continuity and disaster recovery strategy. They wanted to enhance their current plan, focusing on speed of recoverability and integrity of data, in their primary data center, as well as at their remote branch offices.

Working in conjunction with Chi Corporation, a leading FalconStor Solution Provider, the company chose the FalconStor CDP solution because it offered the fastest, most granular recovery of mission-critical databases, messaging data, and files; as well as bare metal recovery of entire systems. The solution will provide Maxim Group centralized backup, granular recoverability, and remote replication and offsite data protection.

“The FalconStor CDP solution, powered by IPStor®, enables Maxim Group to leverage our existing infrastructure to implement a cost effective formal disk based backup and disaster recovery solution to meet our stringent RTO (Recovery Time Objective) and RPO (Recovery Point Objective), says John Michaels, CTO, Maxim Group. “The FalconStor CDP solution enables us to recover files, volumes, and mailboxes in the data center with complete transactional integrity in less than 10 minutes or even recover entire systems from a disaster within 30 minutes. After an extensive evaluation of various 3rd party solutions, FalconStor was the only company who could meet all of our requirements for business continuity.”

FalconStor Software Inc.