Business Resilience Redefined Using Sanovi DRM at HDFC Bank
Bangalore, July 1, 2015 – HDFC Bank, one of India’s largest private banks has embarked on a Business Continuity program for its critical IT applications. In partnership with Sanovi, HDFC Bank has achieved a committed 50% reduction in recovery time of core application, 50–60% reduction in drill window, 80% reduction in service-level agreement (SLA) (RPO) tracking time, and also 65-70% business loss avoidance due to production emergency.
The bank has been maintaining the BCM Certificate of BS25999 for the past three years and was awarded the ISO 22301:2012 certificate in March 2014. Sanovi DRM has been a key enabler in the bank’s journey from IT Recovery to Resiliency.
“Business Continuity and IT Recovery are a strategic investment for the Bank that enables us to deliver continuous, uninterrupted services. Sanovi’s solutions are an integral part of our journey in enabling IT recovery to meet our regulatory and business needs, said Munish Mittal, Deputy CIO, HDFC Bank Ltd.
“HDFC Bank is at the fore front of technology and process maturity, we are extremely pleased to partner with the bank and be an key enabler to the bank’s IT recovery capabilities. We are very excited with the release of the IDC Case study on HDFC Bank’s IT Recovery program, it reinforces Sanovi’s value of enabling IT agility and availability through its leadership in Business Continuity & IT Recovery solutions” saidChandra Sekhar Pulamarasetti, co-founder and CEO Sanovi Technologies.
“With convincing wins along pillars like Resilience, Agility, Availability and Compliance, HDFC Bank has harnessed Sanovi DRM for optimum business impact,” concludes Kannagi Shekhar, Senior Market Analyst, IDC India, author of HDFC Bank-Sanovi case study.