Infinitum helped Piraeus Bank deploy Veeam to protect Microsoft 365 data supporting banking operations and customer communication. Veeam complies with the bank’s security and legal requirements and reduces the total cost of ownership for data protection by 30%. Piraeus Bank is one of many financial institutions in Greece that trusts Veeam to protect critical business data.
“Veeam is the most complete backup solution for Microsoft 365,” Kalafatas said. “It’s scalable, easy to use and plays a significant role in our business continuity and disaster recovery strategy. By protecting Microsoft 365 data, Veeam helps us deliver the ultimate banking experience for our customers.”
The Hewlett Packard Enterprise (HPE) Apollo Nodes with Scality Artesca software are being used at Piraeus Bank as the on-premise S3 Object backup repository (backup target) for Veeam Backup for Microsoft 365. The offered capacity allows Veeam software to back up 577 TB of data in Microsoft 365 to HPE Apollo Nodes with Scality Artesca. As per the RFP requirements, HPE offered a Veeam-certified (Veeam-ready Object repository), a co-designed with Scality (one-stop-shop) workload-optimized solution for on-premises S3 Object storage. The HPE Apollo Nodes with Scality Artesca is a reference design, an appliance-like experience solution. It consists of all the hardware and software components, that satisfied the availability, reliability, expandability, durability, operational efficiency, manageability, functionality and performance characteristics/requirements of Piraeus Bank.
Kyriakos Seimenis, Head of Data Protection in Infinitum’s Technical Department, helped the bank deploy Veeam as it migrated from on-prem Microsoft 365 to the cloud.
“Our goal is to help Piraeus Bank move their customers’ banking experience forward,” Seimenis said. “The best way to do that was a hybrid mode deployment of Veeam so they could maintain control of data supporting banking processes and customer communications as they migrated from Exchange on premises to Exchange Online. Veeam also offers the lowest RPO in the industry (at only five minutes) and meets compliance requirements with efficient eDiscovery of individual items.”
“One of the bank’s security requirements is on-prem backups, which Veeam provides,” Kalafatas said. “Another requirement is being able to recover 25 years’ worth of data for legal purposes, which Veeam backups enable. Compliance is easy now.”
Kalafatas said one of the biggest benefits of using Veeam is high-speed recovery. Granular recovery capabilities including Veeam Explorers for Microsoft Exchange, SharePoint and Microsoft Teams enable the IT team to restore items quickly.
“Taking control of data recovery is very important,” Kalafatas continued. “In just a few clicks, we can access everything in Microsoft 365.”
Kalafatas said Veeam was more affordable than the previous backup solution.
“Veeam offers much better value for money, enabling us to reduce our total cost of ownership by 30%.”