SOURCE: Kaminario


June 11, 2015 11:19 ET

Kaminario's K2 Array Chosen by SwiftNess as the Central Storage Solution for the Israel Ministry of Finance's Pension Clearinghouse

K2 All-Flash Storage Array Selected for Its High Level of Reliability, Speed, Ease of Management and Cost-Effectiveness

NEWTON, MA--(Marketwired - Jun 11, 2015) - Kaminario, the leading all-flash array storage provider for midrange enterprises, today announced that SwiftNess, the developer and operator of Israel's Ministry of Finance's pension clearinghouse, has selected Kaminario's all-flash storage array for central clearing house operations. Kaminario's K2 solution will replace a hybrid storage solution (a combination of SAS and SSD disks), which did not provide the level of service needed for such a critical system. K2 was chosen for the pension clearinghouse after a comprehensive technological examination of all the hybrid solutions and all-flash solutions available on the market.

Kaminario K2 v5 was chosen as the basis for the central storage repository due to its speed and improved response times for IOPS-intensive systems such as pension clearance systems. Kaminario's unique scale-out/scale-up architecture allows for it to optimally deal with the expected sharp, linear growth of the storage array and the number of users without compromising performance, while preserving SwiftNess' investment in the storage array.

K2, which includes technologies for reducing the volume of data, enables greater data volume using less storage space, bringing significant savings in floor space and power consumption due to its inline compression and inline deduplication technologies. The storage array was also selected due to its ability to provide high availability, data protection and business continuity using snapshots and the most advanced RAID technology.

"We chose Kaminario because we have seen its unique architecture cope, uninterrupted, with a sharp increase in the number of transactions to achieve fixed response times for each type of information," said Gil Ardon, Vice President of Information Systems at SwiftNess. "We were pleased with its stability and high level of reliability, advanced data protection functionality and ease of management. The establishment of a central storage system in our data center based on Kaminario allows us to address the need to manage and store an increasing amount of information at a cost that is most competitive with traditional storage solutions."

SwiftNess implemented a K2 storage array consisting of tens of terabytes, which is expected to grow significantly over the next year with the expanded usage of the system by the public, pension distribution & advisory bodies, insurance companies and pension & provident funds. EDP is carrying out the clearing house infrastructure project, while implementation of the storage array, the first phase of which is estimated in the hundreds of thousands of dollars, was carried out by Kaminario experts.

"We are proud that SwiftNess chose Kaminario for its pension clearinghouse -- a remarkably important national project, for which the information system is critical," said Ron Davidi, Director of EMEA at Kaminario. "The company evaluated the leading manufacturers in the field of all-flash based on criteria such as reliability and stability, simplicity of management and installation, information security and more, and Kaminario led in all of these areas."

About the Pension Clearinghouse
The pension clearinghouse, which operates at the initiative of and is supervised by the Israel Ministry of Finance, offers a digital platform that creates a significant upgrade for the pension savings market. Through the pension clearinghouse, every Israeli citizen can receive a complete, up-to-date picture of their accrued pension savings. The clearinghouse transfers all information from insurance, pension and savings fund agencies, insurance agents and financial consultants. In the future, the clearinghouse will allow also fund transfers and pension product activities. The clearinghouse offers a secure, user-friendly interface, which is expected to increase competition and transparency in the pension savings market and make information about pension savings more accessible than ever. The pension clearinghouse was established by SwiftNess after it won the tender issued by the Ministry of Finance for the installation and operation of such a system in Israel.

The pension clearinghouse services is operated in several stages, as defined by the Ministry of Finance. Many of the services are already operating, but the clearinghouse continues to expand its services and increase the number of users of the service.

About Kaminario
Kaminario is the leading provider of enterprise-class all-flash storage, delivering unparalleled cost efficiency, with an average price of $2/GB usable and the industry's only guaranteed effective capacity. Built from the ground up to take advantage of the most modern flash SSD capabilities, Kaminario K2 is the only product to feature a true scale-out and scale-up architecture that allows organizations to grow capacity and performance based on their needs. The company is headquartered in Boston, Massachusetts, with offices in Yoqneam, Israel, Silicon Valley and New York City, and backed by Sequoia, Pitango, Globespan, Tenaya, Silicon Valley Bank and others.

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