Ardmore Banking Advisors Transitions To A Secure Cloud-Based Infrastructure
Infrastructure will better monitor and manage the level of security Ardmore provides
June 14, 2011
PRESS RELEASE
PHILADELPHIA, June 13, 2011 /PRNewswire/ -- Ardmore Banking Advisors, a leading risk management firm and developers of the CreditInsight(TM) portfolio management and CREInsight(TM) stress-testing software for community banks, has upgraded its network to a hosted, cloud-based IT infrastructure to enhance its service to its growing clientele. This vanguard move augments the company's security capabilities, increases its efficiency, and adds value for its client base. Ardmore made the upgrade to accommodate the company's recent growth and geographically-expanding client list.
Ardmore's clientele will benefit significantly from this new outsourced IT infrastructure, since it allows the firm's in-house personnel to focus on functions that directly serve those clients, while safeguarding their data to the highest standards. The new network addresses a vital element for Ardmore's banking clients: maximized security to protect sensitive financial data, which must meet or exceed industry regulations. Ardmore's hosting provider is FFIEC (Federal Financial Institutions Examination Council) and SAS 70 audited.
This cutting-edge infrastructure will better monitor and manage the level of security Ardmore provides. Its executives are able to administer which employees access which data under what circumstances. The network features advanced disaster recovery capabilities and data security, as well as providing sophisticated administration capabilities and scalability for growth. All these aspects make Ardmore's infrastructure more secure, more robust, and with a greater functionality to facilitate a higher level of service as the company continues to grow.
"Our clients can feel comfortable knowing how seriously we take our responsibility to safeguard their data and provide superior service," said Peter Cherpack, Principal and Senior Vice President, Credit Technology Solutions at Ardmore. "They will be the beneficiaries of our increased capabilities, and the freedom it provides to focus on their needs."
About Ardmore Banking Advisors
Ardmore Banking Advisors, Inc. has provided risk management and credit consulting services to hundreds of financial institutions since 1991. Its team of seasoned professionals includes former Bank Board Chairmen, Bank Presidents and CEOs, Bank Chief Credit Policy Officers and Examiners-in-Charge at the OCC. We have a unique understanding of our clients' needs. We provide loan review, risk management and credit consulting and technology services to multinational banks and regional and community financial institutions across the country. Visit www.ardmoreadvisors.com or call (610) 649-4643.
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