Valta Unbound · Financial services · EnterpriseFund administrator
Cloud spend down 58%, and a supervisor’s concentration flag cleared.
The situation
A fund administrator with about 1,400 employees holds a 4.2 PB estate with a single cloud provider and falls within OSFI B-13 supervisory scope. Cloud spend ran near $2.1M a year, 60% of it egress.
What forced the question
- The supervisor flagged single-provider concentration as a third-party risk
- Egress alone cost $1.26M a year
- Each recovery drill cost $180K
What was deployed
6 of 9 fragments · any 6 rebuild the data
- Unchanged
- Backup platform retained
- Timeline
- 5-month tiered migration
“The number that got the board’s attention was not the $1.2M saving. It was the OSFI reviewer nodding when I walked through the fragment topology.”
What changed
Questions a buyer asks
Why did spend fall?Six of the nine fragments sit in two colocation sites, which together are enough to rebuild. Restores and drills read from them, so they stop generating egress.
How does this answer concentration?The cloud provider now holds three of nine fragments and cannot rebuild alone, and the firm can rebuild without it.
What if a site is lost?Any one domain can be offline and six fragments remain, which is enough to rebuild. If a colocation site is down, restores draw on the cloud fragments until it returns.
Was the backup product replaced?No. It was retained and now writes to the fragment layer.