CTERA, Bluepoint partner on hybrid storage for credit unions

CTERA provides the appliances, Bluepoint provides the financial software, all atop Amazon Web Services.

This morning, CTERA Networks and Bluepoint Solutions announced that they will partner to offer managed storage and data protection for credit unions.

What that really means is a hybrid cloud and on-premises offering managed through the web. A "full set" of Network Attached Storage (NAS) is installed on-site, as is as a CTERA cloud storage gateway, for faster on-site recovery. For the cloud storage portion (and thus redundancy), the companies tapped Amazon Web Services.

Whether in the cloud or on-premesis, data is stored using 256-bit AES encryption. The keys are private and managed by the credit union.

There are more than 7,000 credit unions in the U.S. alone, held to the same strict data protection policies as larger retail banks, so the market opportunity is there. With many credit unions still employing a tape backup-plus-offsite storage strategy, there's money to be saved, too.