MPS Chooses Cisco for Disaster Recovery
Italian banking group Monte dei Paschi di Siena (MPS), the oldest banking institute worldwide, will use Cisco’s Business Ready Data Centre framework to create a network architecture. MPS will consolidate and interconnect storage resources at its two regional data centres in Italy using Cisco Systems integrated data centre networking which will enable MPS to improve usability, availability and continuity of services. Cisco and MPS are collaborating with IBM on this project. “High availability and business continuance, key elements of Cisco’s Business Ready Data Centre architecture, help provide a platform for managing operational risk, which is becoming a key priority for many financial institutions,” said Stefano Venturi, VP and general manager, Italy, for Cisco Systems in Europe, Middle East and Africa (EMEA).