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Finam Deploys FalconStor

MOSCOW -- FalconStor Software, Inc. (NASDAQ: FALC), the market leader in disk-based data protection solutions, today announced that Finam Investment Company, a leading Russian brokerage firm, has deployed the FalconStor Network Storage Server (NSS) solution powered by the FalconStor® IPStor® Enterprise Edition, to ensure business continuity and enhanced storage performance. Significant storage performance gains have been achieved through the consolidation of more than 20TB of NAS and SAN data, on which more than 150 heterogeneous servers rely. The integration was undertaken by FalconStor Solution Provider partner, MCSC Limited.

The FalconStor NSS solution generates several key tangible benefits for Finam Investment Company, notably reduced downtime, faster recovery and ease of use. The deployment has enabled Finam to manage a data growth rate currently estimated at more than 2TB per month, resulting in part from the need to retain data to comply with legislation. In addition, the solution protects data in the event of a system crash. More than 10TB of Microsoft Exchange and Microsoft SQL Server data is backed up daily using Symantec Backup Exec, from servers running VMWare ESX, Linux or Microsoft Windows.

Sergey Sotnikov, Finam Investment Company’s CIO, said: “We deployed the FalconStor NSS solution to reduce downtime, improve recovery time and ensure data protection. The peace of mind resulting from knowing our data is safely archived is immeasurable.”

FalconStor Software Inc.