A banking leader, with over $500 billionin assets, needed the perfect partner for a data center consolidation project. (Photo: Stream Data Centers)

The financial sectors need for data centers is growing at a rapid pace as data continues to explode amid the COVID-19 pandemic, and the rise of technologies like cloud and edge computing. A new report from Stream Data Centers highlights how the data industry company and leaders of one of the nations larger commercial banks joined forces as part of a comprehensivedata center consolidation plan. The pair ascertained the need for a new core build-to-suit data center that wouldcomplement the banks primary Tier IV data center and executes the project.

The bank leader, with over $500 billionin assets, needed the perfect partner for the project. According to the report, in the competitive and highly regulated banking industry, demands on financial institutionscome not only from customers, but from regulators and shareholders.

In fact, the financialservices sector is one of the most heavily regulated industries in the nation, Stream Data Centers pointed out.

And bank leaders often have the sometimes challenging responsibility toensure that expenditures are justified and add value to the business and its customers.

The new case study explores how acollaborative partnership with Stream Data Centers gave the bank the security and controlof a standalone facility and the ability to specify the design, build and ongoing operation ofa dedicated data center building that incorporated the most critical elements of the existingcustomer-built facility.

As the partnership kicked off, Stream and teams from the bank toured each others facilitiesto study operational practices and efficiencies, and reviewed methods of procedures and strandard operating procedures to hone best practices for the project as a whole.

Stream was able to work within the banks changemanagement systems and adhere to established protocolsfor the project. (Photo: Stream Data Centers)

Stream was able to work within the banks changemanagement systems and adhere to established protocolsfor the project. This capability to integrate reportingsystems, adopt the banks MOP/SOP documents andadhere to best practices was crucial. Stream Data Centers

The project was completed in less than a year, creating savings the bank in capital expenses, as well ascreating shareholder value with a reduced total costof ownership (TCO).

Download the full report, Case Study: Financial Services Build-to-Suit Data Center Strength through Flexibility, courtesy of Stream Date Centers, to explore how a leader in the financial sector and Stream Data Centers partnered to successfully complete a build-to-suit data centers to fit a banking giants specific needs.

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Stream Data Centers Teams up with Banking Leaders for Build-to-Suit Data Center Project - Data Center Frontier