When it comes to data storage, the insurance and financial services industries find themselves figuratively, if not literally, between a rock and a hard place.

Market forces —like rapidly expanding volumes of data, increasingly inadequate on-site data storage capabilities, and pressure from regulators and customers to safeguard valuable information — are combining to put us in a quandary. At least in the short term, the problem is not that there are no solutions available, but which solution to leverage and at what cost.

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