The Challenge
Due to the pandemic and given how much technology plays a part in its business, it is vital that Montecito’s IT devices, software, and company information are secure and up to date. Montecito would like to replace their current disaster recovery environment and identify security vulnerabilities and operational improvements needed to ensure success as they adapt to the changing environment. Before partnering with DivergeIT, Montecito Bank struggled with an outdated on-premises IT infrastructure. This setup not only increased security risks but also made the process of achieving FDIC compliance manual and cumbersome. The bank recognized the critical need for IT modernization to ensure the security, reliability, and efficiency of its technology infrastructure.
The Solution
Montecito Bank decided to modernize their IT infrastructure by leveraging DivergeIT's compliance platform along with Microsoft's Azure and Office 365 services. The decision process involved evaluating several options, but ultimately, the combination of DivergeIT and Microsoft's solutions stood out due to their comprehensive approach to modernization and compliance. 'There had to be a better way to manage our IT and meet our compliance goals,' noted a representative from Montecito Bank. By migrating 175 servers, assessing 400 users, and evaluating 700 computers, Montecito Bank was able to streamline its compliance processes significantly.
The Results
The modernization project resulted in a 50% reduction in the compliance timeline, significantly lowering both the budget and time required to achieve FDIC compliance. Additionally, the bank experienced enhanced security and improved operational efficiency. The trusted partnership with DivergeIT ensured ongoing effective IT management, positioning Montecito Bank as a forward-thinking financial institution with a robust technology infrastructure.
