New mortgage and investment company Castle Trust has brought in IT services provider Adapt to host and support its business-critical software, as well as provide business continuity.
The agreement will see Adapt host the software on its enterprise Virtual Data Centre (eVDC) platform and provide built-in back-up and disaster recovery capabilities, while also applying security policies to meet industry regulations.
Castle Trust offers investments that provide returns based on the performance of the housing market, as well as providing Partnership Mortgages, a new type of shared equity mortgage for homeowners.
Adapt's infrastructure is fully compliant with FSA regulations and its roster of existing customers includes Moneycorp and LCH.Clearnet.
Tony Pauley, managing director at Castle Trust, said: "With Adapt's eVDC we get complete assurance that strict security protocols are followed, both at the infrastructure layer and the data layer itself.
"As a start-up, hosting onsite was out of the question financially, but we wouldn't consider a public cloud solution. With Adapt we get the best of both worlds, with the added benefit of a flexible solution that will scale with our business."
The eVDC provides Castle Trust with synchronously replicated storage that transfers data in real time between two data centre sites, ensuring maximum availability and resilience.