China Trust stated that during a bank-wide information system disaster recovery drill in early June this year, it successfully completed the Taiwan financial industry's first technical architecture verification using VMware's cloud disaster recovery solution, VMware Cloud Disaster Recovery (VCDR). This assessment showed that the disaster recovery system switching time could be shortened by 6%.
As regulatory regulations continue to open up, China Trust will be able to gradually integrate VCDR into its Business Continuity Planning, enhancing the resilience and flexibility of its information services and ensuring the provision of stable and secure financial services to consumers year-round. This will serve as one of China Trust's key strategic advantages for sustainable operations.
Jia Jingguang, Chief Technology Officer of China Trust Financial Holdings, stated, "Promoting financial cloud migration to accelerate digital transformation is a key strategy for China CITIC Bank in building a digital bank and establishing a new information collaboration ecosystem. While adhering to regulatory compliance and ensuring information security, we are conducting technical validation based on multiple applications, driving digital transformation development from three key elements: technology, processes, and talent. This will build the necessary technical capacity for the next wave of digital transformation. By optimizing financial services through cloud technology, we will seize market opportunities and provide innovative and robust financial services to China CITIC Bank's customers."
Du Huiru, Director of the Information Management Department at China Trust, said, "China CITIC Bank continues to modernize its financial services to meet emerging digital service demands by integrating cutting-edge technologies with financial services. From implementing a software-defined data center to building an enterprise private cloud and accelerating the modernization of application development, we continuously optimize system resource efficiency, agility, flexibility, security, and stability, leveraging innovative technologies to maximize the value of IT. China CITIC Bank's completion of the cloud disaster recovery technology architecture verification not only marks a significant milestone in its hybrid cloud journey and fulfills the bank's IT team's commitment to innovative breakthroughs, but also establishes information services as a key capability for enhancing enterprise resilience."
VMware Global Vice President and Greater China President Chen Xuezhi said, "In recent years, the COVID-19 pandemic and the conflict between Ukraine and Russia have severely impacted economic development. The global political and economic landscape remains volatile, and we are located in a high-risk geopolitical zone. Businesses must be prepared for potential dangers and respond accordingly to maintain operational resilience in this uncertain environment. China CITIC Bank successfully completed the first cloud disaster recovery technology architecture validation in Taiwan's financial industry using its VCDR cloud disaster recovery solution, setting a good example for Taiwan's financial industry in balancing the needs of modern digital finance with sustainable operations."
To meet the wave of digital finance, China Trust established its private cloud years ago using the VMware Cloud Foundation (VCF) multi-cloud platform architecture. After the Information Operations Department completed the verification of the VCDR cloud disaster recovery technology architecture, it further demonstrated its advantages of elasticity, flexibility, and rapid response. By utilizing public cloud disaster recovery data storage, such as VMware Cloud on AWS (VMC on AWS), and defining service level agreements (SLAs) for replication cycles, snapshot retention time, resource usage, and disaster recovery procedures, it meets the disaster recovery needs of various information systems.
Because the public cloud serves as an extension of the company's own data center, HCX Network Extension allows applications to be migrated as needed while maintaining the same IP address. Furthermore, the system can be flexibly expanded or reduced to meet business needs. In the event of an unexpected situation or during annual disaster recovery drills, the cloud-based disaster recovery environment can be activated according to the automated VCDR Disaster Recovery Plan (DRP).
In addition, the completion of cloud disaster recovery technology verification has enabled China Trust to continuously improve the flexibility of disaster recovery center site selection, reduce the complexity of system maintenance and operation, and the overall cost of building a cloud disaster recovery architecture. It can also improve the recovery time target and the precision of system recovery. When an emergency causes part of the main center system or data to be damaged, the required system or data can be restored in the fastest time.
