Kotak Securities Transforms Millions of Customers’ Stock Trading Experience with Speed, Reliability, and ROI using Infinidat’s Enterprise Storage Solution
June 19 2024 - 8:00AM
Infinidat, a leading provider of enterprise storage solutions,
today announced that Kotak Securities Limited (KSL), one of India’s
largest full-service stock broking firms, transformed its storage
infrastructure with Infinidat’s InfiniBox® storage solution to
support significant business growth, millions of time-sensitive
customer transactions daily, and operational cost control
initiatives. Infinidat’s InfiniBox solution has empowered KSL’s
applications and workloads with faster storage performance, easier
to manage, better flexibility, higher capacity, cyber storage
resilience, more affordable, and 100% availability. Infinidat’s
solutions are backed by the storage industry’s best-in-class
support and professional services.
“Our experience with Infinidat has been outstanding, both in
terms of the innovation of the storage technology as well as the
unique level of service and support that Infinidat provides,” said
Anilkumar Nair, Executive Vice President at KSL. “They have made it
very simple to put our trust in Infinidat as an enterprise storage
solution provider. We have obtained significant business value and
technical advancements from the InfiniBox platform, combined with
Infinidat’s proactive support.”
With a national footprint of 175+ branches, 1,300+ franchisees
and satellite offices across more than 370 cities in India, KSL
takes a technology-first approach, simplifying investment
solutions. The reliability, availability, flexibility, and
streamlined simplicity of the InfiniBox solution that supports
KSL’s advanced digital trading platform for its four million
investors are critical. As an increasing number of traders in India
are doing mobile trades and self-trades on KSL’s trading platform,
Infinidat’s 100% availability guarantee and staunch reliability
ensure that the KSL trading platform is always accessible. The high
performance drives fast transactions and accelerates the speed of
applications and workloads.
KSL adopted Infinidat’s flexible consumption model for a “pay as
you grow” approach with InfiniBox. This allows the customer to only
pay for the storage capacity they need and use. They make
efficiency gains by not having to pay for unused storage space. The
flexible consumption “pay as you grow” approach delivers cost
savings and ensures a positive ROI. In addition, when they need
more capacity, KSL can expand capacity quickly and easily, without
any downtime. The bigger capacity in the same size box means more
efficient space utilization, less carbon output, and less
recycling, thereby less potentially harmful environmental impact,
while at the same time reducing the cost of power and cooling.
“The performance, reliability, availability, and simplified
manageability of the InfiniBox system, coupled with cloud-like,
flexible consumption models, made it an easy decision to go with
Infinidat for the long term for our enterprise storage needs. I am
delighted how easy the user interface is and how simple Infinidat
has made scaling storage to be. As our business requirements are
dynamic, we can grow one petabyte in the same box without any
costly upgrades, and there’s no downtime to do it. We just need to
issue a purchase order,” said Rohan Gaonkar, VP of Information
Technology at KSL.
KSL also benefits from Infinidat’s white glove service, which
provides comprehensive, proactive support that differentiates
Infinidat from the competition in the storage industry. The
assigning of a Technical Advisor (TA) to the customer ensures
prompt, qualified support, while Infinidat’s Professional Services
team delivers unparalleled services, including smooth data
migration in large-scale installations, among a host of services.
As part of its commitment to its customers, Infinidat provides
24/7/365 automated monitoring of the storage infrastructure
remotely and has a tool called InfiniMetrics® that provides useful
insights into the performance of the two InfiniBox systems that KSL
is using.
“Infinidat’s white glove service is great, and it’s very unique
in the industry. It’s really good to know there is always someone
there at Infinidat to assist us. When we want to understand
something better or do something, we can always ask our Technical
Advisor who is assigned to us. The expertise of the TA is extremely
handy, especially when we are planning for a new application. And
with the direct line to L3 support at all times, we see much faster
time to solution to any issue than any other IT vendors, including
the biggest tech companies in the world. No other tech company does
service and support the way Infinidat does it,” commented Nair.
“As a leading stock brokerage firm with a strong pan-India
presence, I am extremely excited that Kotak Securities is trusting
their stock trading platform, used by millions of people in India,
on our InfiniBox enterprise storage solution,” said Steve Sullivan,
CRO at Infinidat. “Infinidat has a strong presence in the global
financial sector due to our unrivaled performance and availability,
as well as our superior white glove customer service. Tackling
multi-petabyte workloads is our specialty, achieving the perfect
balance of technical and business value, while always maintaining a
superior TCO. I look forward to working with Kotak to redefine
reliability in the dynamic world of Indian stock broking, and
setting new benchmarks for success."
To read the full case study, click here.
About InfinidatInfinidat provides enterprises
and service providers with a platform-native primary and secondary
storage architecture that delivers comprehensive data services
based on InfiniVerse®. This unique platform delivers
outstanding IT operating benefits, support for modern workloads
across on-premises and hybrid multi-cloud environments. Infinidat's
cyber resilient-by-design infrastructure, consumption-based
performance, 100% availability, and cyber security guaranteed SLAs
align with enterprise IT and business priorities. Infinidat’s
award-winning platform-native data services and acclaimed white
glove service are continuously recommended by customers, as
recognized by Gartner® Peer Insights reviews. For more information,
visit www.infinidat.com.
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