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Smith Affiliated Capital Selects Dot Hill AssuredSAN Pro 5000 to Support Next-Generation Customer Engagement in Financial Services(February 10, 2014)
LONGMONT, Colo., Feb. 10, 2014 (GLOBE NEWSWIRE) -- Dot Hill Systems Corp. (Nasdaq:HILL), a leading provider of SAN storage solutions, today announced that Registered Investment Advisory firm, Smith Affiliated Capital, has selected Dot Hill AssuredSAN™ Pro 5000 real-time, autonomic tiered storage.
For 32 years Smith Affiliated Capital (SAC) has been helping clients reach their financial goals by building high quality investment portfolios that embody transparency, liquidity, stability, and no leverage. As one of the financial industry's most trusted and valued providers of investment services with over $3 billion under management, SAC has been long recognized for its independence, integrity, expertise, and innovation. From portfolio management to client service, SAC is dedicated to the financial well-being of its clients regardless of their size or expectations.
The AssuredSAN Pro 5000 is a key next-generation storage component of Smith Affiliated Capital's re-architecting the way they support new and emerging requirements for accommodating exceptional amounts of data storage and new methods of data management. Chief among these requirements are:
Attracting and retaining clients by supporting new über virtual engagement models;
Supporting the new realities of the virtual office and accommodating staff accustomed to the BYOD (Bring Your Own Device) way of working and convenience of working anywhere, anytime; and,
Strengthening compliance and data security requirements as data preservation is critical to the investment management services business.
Providing autonomic, real-time tiering for Smith Affiliated Capital, the AssuredSAN Pro 5000 is a hybrid array that autonomically manages dynamic "hot" and "cold" data to deliver storage performance when it's needed most. Powered by Dot Hill RealStor™ software, the AssuredSAN Pro 5000 responds minute-by-minute to changes in data requirements, moving the most heavily accessed data up to the SSD tier, while detecting less active data and moving it to a lower tier. This data migration happens in real-time, without complex policy settings or human intervention.
"Dot Hill's AssuredSAN Pro 5000's intelligent software does a phenomenal job with all the heavy lifting, managing our data in real time," said John K. Smith, chief operating officer, Smith Affiliated Capital. "This has had a tremendous impact on storage performance, and the speed of the network has greatly improved. A solution that figures out how my organization works and uses that information to provide the quickest access to my data, how I need it and when I need it – now that's brilliant! This is absolutely the best product we've purchased in the last 25 years."
"SAC Portfolio Managers validate research findings by collecting information from multiple data sources, breaking down complex criteria for analysis, collecting baseline data that can be measured against any new portfolio when complete and then prototyping those options for testing the new portfolio," continued Smith. "With the addition of the AssuredSAN Pro 5000 and our investing strategies we have enabled SAC to have all the information they need quickly and easily. In turn making faster market/time-critical portfolio decisions, executing on those decisions and then communicating those decisions to our clients, is a tremendous advantage in a time-sensitive financial services industry, where time is money. As industry leaders we are viewed as innovators in financial services and we feel that the addition of the AssuredSAN Pro 5000 will keep us on the cutting edge for years to come."
Smith says the AssuredSAN Pro 5000s replication capabilities were also a key factor in his decision to standardize on Dot Hill storage, noting that very few vendors offer this at a price that is approachable for the SMB market. As well, he notes the benefits from 'machine to machine' storage synergies; the VM Sources disaster recovery facility, which Smith Affiliated Capital leverages for replication of data from New York, also has Dot Hill AssuredSAN Pro 5000's in its data center in Arizona. Finally, Smith says service and support are also critical to a credible and complete storage solution, and the combination of Dot Hill and VM Sources has made Smith Affiliated Capital feel very confident in its data center architecture strategy.
"Service-oriented businesses such as Smith Affiliated Capital must make decisions and respond to clients and employees quickly to stay ahead in today's highly connected world," said Jim Jonez, senior director of marketing, Dot Hill. "Our autonomic, real-time tiering and replication provides cutting-edge data management capabilities to enable businesses such as SAC to leverage the data center to power competitive advantage."
About Dot Hill
Leveraging its proprietary Assured family of storage solutions, Dot Hill solves many of today's most challenging storage problems – helping IT to improve performance, increase availability, simplify operations, and reduce costs. Dot Hill's solutions combine breakthrough software with the industry's most flexible and extensive hardware platform and simple management to deliver best-in-class solutions. Headquartered in Longmont, Colo., Dot Hill has offices and/or representatives in China, Germany, India, Japan, Singapore, the United Kingdom, and the United States.
For more information, visit us at www.dothill.com.
Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act. Because such statements are subject to risks and uncertainties, actual results may differ from those expressed or implied by the statements. For a discussion of risks and uncertainties that Dot Hill may face, please consult the Forms 10-K and 10-Q most recently filed with the Securities and Exchange Commission by Dot Hill. Forward-looking statements speak only as of the date they were made and Dot Hill undertakes no obligation to update such statements to reflect changes in circumstances. Dot Hill does not take responsibility for statements made by third parties.
Lutz PR (for Dot Hill Systems)
Dot Hill Systems
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