AMERICAN FINANCIAL TECHNOLOGY AWARDS: Best Infrastructure Initiative: Investment Technology Group (ITG)

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Michael Moursalian, Michael Tello, Vijay Luthra, Ye Huang, Damir Mijacika and Alex Malkiman

Following years of exponential data growth, Investment Technology Group (ITG) found that its legacy data storage infrastructure was not keeping up with the firm’s demands in terms of supporting increased message rates, data retention requirements, as well as research and analytical product requirements.

The EMC Clariion CX480 units housed in the firm’s two datacenters, deployed between 2003 and 2010, which provide more than 700 TB of storage, were costing ITG $1.5 million annually in maintenance

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