While the sanctity of transactional data is important to every vertical industry, it assumes critical significance in the banking and financial vertical. Over the years, banks, Wall Street investment firms, insurance companies, and other financial institutions have led the way in securing their networks by establishing sound business continuity practices and have also made the huge investments necessary to ensure safe data transport and management. As telecommunication provides the backbone of the data management architecture, the robustness of telecom topology is critical in determining the effectiveness of the financial industry’s business continuity practices.

Data recovery during outages has acquired the shape of a distinct market. This report examines the role played by telecommunications in facilitating data storage, security and integrity in the financial domain. This study will cover market sizes for relevant metrics such as disaster recovery applications, hosting services, security management, backup and storage management,
load balancing, storage area networks as well as wireless and wireline traffic and revenues associated with data recovery through resource redundancy in the finance domain.