Summary
MSCI
Website
Industry
Financial Services
Headquarters
New York City
Employees
4,000+
Challenge
Financial-data provider MSCI transitioned many core business activities to the public cloud and given regulatory compliance requirements, wanted to move 7 PB of related on-premises backups to long-term retention in the cloud. However, the backups were stored in a data protection solution that did not enable direct migration.
Solution
The MSCI team was not willing to risk losing data during the migration; the compliance implications of doing so would be dire. After a proof of concept (POC) with a different vendor, MSCI decided to engage Veritas Support and Veritas partner Insight to assist with the transition.
Outcome
Veritas Support and Insight worked together to streamline the data migration process, relying upon Veritas NetBackup™ to securely complete the migration from legacy storage to the cloud. MSCI has now transferred the backups from three of its four data centers to Microsoft Azure cool storage without losing any data. The move allowed MSCI to reduce its number of physical data centers and to shrink the cloud data footprint of its backups by about 70% through NetBackup software compression and deduplication, reducing the cost of storing this data in Azure.