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The Challenge:

Creating an infrastructure foundation to deploy Softek’s solutions and to scale as necessary / To get headroom for expansion plans in a cost-effective manner

The Solution:

GHS deployed a compute and storage-based solution using Cisco, Lenovo and IBM. / GHS provided the solutions required for the company’s IT environment.

Benefits

Allowed Softek to expand its technology service offerings without an unmanageable upfront investment / GHS’ sourcing and servicing of products allowed Softek to get a pricing advantage in its market

GlassHouse Systems Services Builds Infrastructure Foundation

GlassHouse Systems Services Builds Infrastructure Foundation

Softek’s Success with Analytics, and Capital & Credit Management Service Offerings

Softek is a leading provider of capital and credit management services with a focus on regulatory capital, margin lending, security finance and risk reporting. The company services a diverse range of financial businesses including banks, prime brokers, broker-dealers, securities finance, proprietary trading firms, correspondent clearers, wealth managers and hedge funds.

Established in 1975, the company leverages innovation to deliver solutions for a diverse range of market participants, from start-ups to the bigger, established firms. Softek’s full service utility delivers an innovative solution by combining data management, risk and capital calculations in near real time.

Over the last five years, Softek has digitized credit policies from all the major global prime brokers and at the same time built up a significant pool of high quality reference data. The company’s expertise and domain knowledge around trade, security and market data, operational processes, regulatory and risk practices is what make Softek services stand out. When incidents such as Brexit create an uncertain financial environment, Softek’s risk analytics and intraday stress reporting capabilities prove to be hugely beneficial for leading companies and institutions to make informed decisions.

Softek’s Expansion Plans for Offerings Beneficial to the Financial Services Industry

As a fast growing company, Softek had expanded its analytics and capital and credit management service offerings. The organization was looking for the infrastructure foundation to deploy their solution and scale up as necessary.

GHS analyzed the customer requirements and put together a design and architecture based on Cisco, Lenovo and IBM solution. GHS provided hardware solutions required for Softek’s IT infrastructure which consist of Cisco/Lenovo Intel Compute to IBM Mid Range Storage and Cisco 10GbE Networking. GHS supported Softek through the implementation lifesycle and continues to provide IT support ranging from mission critical database systems to virtualization cluster.

The result was that the compute and storage-based solution was deployed in 2016 using Cisco, Lenovo and IBM storage, allowing Softek to maximize their ROI on IT infrastructure and get a leg up over competitors.

“This suite of solutions and services (sourcing, installing, servicing by GHS) doesn’t just help us stay competitive. It underpins our whole business strategy because the enterprise equipment, judiciously deployed, allows us to provide services to our demanding clients at price points that cannot be matched by legacy systems vendors. The choice of V7000 for example (aided by GHS) obviously allows the necessary headroom for our continued expansion without an unmanageable up-front investment,” says Michael Bond, IT Director, Softek Computer Services Inc.

Client Testimonial

“The things I most appreciate about working with GlassHouse are: the help in confirming specifications, the follow up with support tickets and the dialogue regarding choice of vendor for various products and services. I hope that we will continue this successful partnership through 2017 and beyond.”

MICHAEL BOND IT Director, Softek Computer Services Inc.

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As a highly technical company, GHS maintains a large contingent of technical
experts that substantially outnumber sales resources.

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