The AvePoint Solution
ADB found their solution in AvePoint’s Cloud Backup. The solution protected their data with quick recoveries in the event of a data loss incident. Whether user error, outage, or – their worst fear, ransomware – they were covered.
“Back then, the market was very immature,” explained Pierre. “Alternative solutions did not meet all our needs. Cloud Backup was the only solution that covered the full gamut of M365 and had a bring-your-own storage option.”
AvePoint also helped improve the bank’s cost of storage ownership. ADB’s Azure BLOB Storage was functional, but expensive. As more of their team adopted digital solutions, their storage had grown tenfold. AvePoint worked with ADB to ease the storage cost by converting them to the latest Cloud Backup, allowing the bank to back up as much as they needed while AvePoint took care of the storage and retention of their legacy data.
Today, ADB has around 6,400 users employing M365 to its full extent. As predicted, ADB’s data has continued to grow. “We have a trove of valuable data residing in both SharePoint Online and Microsoft Teams,” says Pierre. “Cloud Backup currently protects 15 TB of our data, and since the solution is based on time retention, we know our data will be protected as we continue to produce more.”
“Acquiring Cloud Backup was a risk reduction exercise,” says Pierre. While their supra-national nature means they are not regulated by standard government mandates, the bank does apply risk management techniques, which flagged potential loss as a huge risk. “Cloud Backup is part of our broader data protection strategy that helps mitigate our risk, ensuring business continuity, maintaining public trust, and protecting our reputation.”