Republic Bank Ghana saves U.S. $375,000 CAPEX in one year with Commvault

Ghanaian Bank restores data 80% faster and enhances customer satisfaction by reducing system downtime to zero

Challenge

  • Slow data recovery was causing 10-12 hours of downtime for core banking system every day and impacting customer service
  • Needed an enterprise platform to quickly back up and restore data from the existing heterogeneous environment
  • Previous backup process was ad hoc and lacked visibility into the data recovery status
  • Mandated to comply with the strict data retention requirements of the banking industry

Solution

  • Adopted Commvault Complete™ Data Protection as the single solution to automatically back up and recover data for all the systems across the bank
  • Commvault Partner Tenece Professional Services provided support in proof of concept and project management with the Commvault team installing the software

Result

  • $375,000 savings in CAPEX compared to using other competitive solutions
  • Improvement of RPO and RTO from up to 24 hours down to one and up to six hours respectively
  • 80% more efficient to manage the entire backup and recovery process
  • 45% increase in online transactions due to zero downtime
  • Gained 85% deduplication ratio for core banking database and saved storage capacity
  • Improved customer satisfaction by using a reliable and secure backup solution
  • Faster response to regulator queries and meeting compliance requirements

Industry

Banking and Finance

Headquarters

Ghana

URL

https://republicghana.com

At-a-glance panel

  • Leading financial institution in Ghana provides universal banking services, including retail and commercial banking, corporate, mortgages, investment and microfinance
  • Customer service is the bank’s top priority
  • Total assets as of September 2020: GHS – 3.66 billion (U.S. $626 million)

Key assets protected

  • Multiple databases from various vendors
  • MySQL
  • File servers, emails and virtual machines
  • 10TB of data backed up daily

The backup environment

  • Commvault Complete Data Protection

What makes Commvault really stand out is not just the product itself but also their level of commitment and technical expertise.

-–Samuel Dakurah, Head of Technology and Business Systems Support Division, Republic Bank (Ghana) Limited

Today with Commvault Complete Data Protection, we have reduced our RPO to just one hour and RTO to four to six hours instead of up to 24 hours. Downtime is a thing in the past and online channels are now available 24/7. Customers are also happier.

–Samuel Dakurah, Head of Technology and Business Systems Support Division, Republic Bank (Ghana) Limited

Commvault Complete Data Protection allowed us to integrate with our existing systems and back up everything in one platform. This actually saved us U.S. $375,000 in CAPEX over one year.”

–-Samuel Dakurah, Head of Technology and Business Systems Support Division, Republic Bank (Ghana) Limited

Republic Bank (Ghana) PLC (Republic Bank) is a leading Universal Banking Institution in Ghana. As a pioneer of the country’s mortgage financing, Republic Bank has expanded its portfolio to major financial services – including Retail and Commercial Banking, Corporate Banking, Investment Banking, Private Banking and Microfinance.

With the core mission of obsessively meeting customer’s needs and improving operational efficiency, Samuel Dakurah, Head of Technology and Business Systems Support Division at Republic Bank Ghana says technology and digitalization is underpinning the focus of the bank’s strategy.

“Banking services must work 24/7 all year round. Having a robust and innovative technology platform is the bedrock of today’s banking world,” said Dakurah. “With the recent COVID-19 situation, technology has become more important than ever. Our annual general meeting, for example, would typically be led by our marketing team but now it’s being done online.”

When Dakurah came aboard two years ago, one of his priorities was to upgrade the backup platform and minimize significant system downtime.

Slashed CAPEX by U.S. $375,000 in one year

After evaluating various solutions via proof of concept, Commvault came out on top of the other vendors because of its ability to integrate with the bank’s heterogeneous environment.

Dakurah said: “Other solutions seemed to work best if we also used their hardware. But we didn’t want to rely on a specific vendor because we had already made investments in our hardware. Changing all that was not something that we were ready to consider.

“Commvault Complete Data Protection allowed us to integrate with our existing systems and back up everything in one platform. This actually saved us U.S. $375,000 in CAPEX over one year.”

According to Dakurah: “What makes Commvault really stand out is not just the product itself but also their level of commitment and technical expertise. For instance, the Commvault team would go the extra mile and give us advice on areas that were coming from our database and storage system during the proof of concept. This was something that other vendors wouldn’t do.”

Even after the solution went live, Dakurah and his team knows that they will get the support when needed.

“Commvault has been in the data protection business for a long time. Once you get the solution set up, it works. You can go to sleep and expect that Commvault is going to do what it’s supposed to do,” said Dakurah.

Reducing RPO and RTO by up to 96% and eliminating significant downtime

Republic Bank had no enterprise backup platform in place before, so the backups were done in an ad hoc manner. The RPO was 24 hours and took 12 hours to restore data, causing serious disruption to banking services.

“Because of the long RTO and RPO, we had to shut down our core banking system for up to 12 hours every day and take backups once a day only. This negatively affected the availability of online channels – internet or mobile banking – and ultimately, the services to our customers,” said Dakurah. “Today with Commvault Complete Data Protection, we have reduced our RPO to just one hour and RTO to four to six hours instead of up to 24 hours. Downtime is a thing in the past and online channels are now available 24/7. Customers are also happier.”

Dakurah added: “With zero downtime, we’ve seen a 45% increase in online transactions since we moved to Commvault. It means that a lot fewer customers visiting our branches. That’s a significant cost savings to the bank, and a big convenience to our customers.”

80% improvement in backup efficiency and 360 view of data protection readiness

After adopting Commvault Complete Data Protection, Republic Bank has seen drastic improvement in efficiency by automating the backup and recovery process.

“With Commvault, I know once my backup is taken, I’m getting a copy in my disaster recovery site. All we need to do is to take the backups out, label it, and ship it offsite,” said Dakurah. “The automation saved us 80% of the time to manage the entire process. This combined with the fact that we can increase the scope of our backups as well.”

The previous multiple backup solutions also made it difficult for the IT team to gain visibility into the status and consistency of backups. Thanks to Commvault, Dakurah and his team approach each day with a sense of confidence.

“Commvault has given us a 360 view of our data protection readiness. Now I get a daily report in my mail with the insight about all the backups and recovery status without waiting for that to be reported to me. This is something that we couldn’t do before,” said Dakurah.

Using the powerful deduplication capability of Commvault enabled Republic Bank to achieve 85% compression rates for their DB2 database, saving storage capacity and costs. The Commvault Command Center has also empowered Republic Bank to effectively control user access to certain systems and avoid data breach by simply clicking a button to allot less-privileged access.

Ensuring data security and meeting industry compliance needs

Banking is a heavily regulated industry, so it is critical for Republic Bank to meet the strict regulations and compliance for data protection and data retention. For instance, the bank is required to retain data for up to seven years based on regulatory requirements while keeping the information for mortgage finance for up to 25 years.

“With Commvault, we can confidently show our reports to the regulators that our backups are happening daily and timely. Regulators are very excited about this because they don’t have to inspect two or three systems but just one.”

Commvault Partner Tenece Professional Services assisted Republic Bank Ghana with the proof of concept and project management. The Commvault team provided design documents and worked with the Bank’s IT team to install the software.

“Tenece Professional Services was instrumental in managing the project and the relationship between the bank and Commvault. The entire implementation was very smooth, and we went live with the Commvault solution in just two weeks,” said Dakurah.