What are the Best Data Backup

Solutions for LA Investment Advisors?

Courtesy of FPA Technology Services, Inc.

http://www.TechGuideforLAInvestmentAdvisors.com

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

Whatever the size of your

investment firm, data backup

is an operating requirement

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

This article examines

the different backup types

and the advantages and

disadvantages of each

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

Local Backup

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

The medium for storing

the data is in the same area

(i.e. the same building) as the

machine(s) being backed up

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

Lost data can be restored

quickly because the backup

is easy to access

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

Since the backup is

close to the source,

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

any natural disasters that strike

will damage both of them,

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

so this method will not work

for irreplaceable data

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

Offsite Backup

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

This method involves the

backed-up data being stored

in a different location from the

source, such as another branch

office or a safe deposit box

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

Compared to local backups,

the data is better protected

against fire, theft or natural

disasters

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

The disadvantage is that

repeatedly conveying the

storage device to a remote

location increases the risk

of damaging the data

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

Cloud Backup Services

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

These backups send data

on a regular or continuous

basis to an offsite storage

medium (usually in a

commercial data center),

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

using an Internet or network

connection

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

Their disadvantages are

higher price, slow initial

backup times, and the fact

that restoring data can be

a longer process

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

Bottom Line

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

Los Angeles investment firms

need to continually back up

important client and company

files and have a plan

in place for recovering from

a system failure

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

What data backup solutions

does your investment firm use?

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

Have they consistently

come through when data

has needed to be restored?

Sponsored by

http://www.TechGuideforLAInvestmentAdvisors.com

Craig PollackFounder & CEO

Let us know your thoughts

in the Comments box below

Copyright © FPA Technology Services, Inc.

Learn How to Protect Your Firm’s Technology

With the Right IT Service Provider

Download Your Free Guide

Investing in High Net Worth Clients:

The LA Investment Advisor’s Guide to Using

Technology to Manage and Grow Your Firm

Now at http://www.TechGuideforLAInvestmentAdvisors.com