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AgFirst Farm Credit Bank


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North America | Financial Services | Enterprise

AgFirst Farm Credit Bank is a regional funding and financial services cooperative serving 23 agricultural credit associations in the eastern United States. Indirectly, AgFirst serves 80,000, mostly rural and agricultural customers. Beginning in the early 2000s, AgFirst's growth presented a range of demands on the firm's IT operations, and its challenges broke across four basic areas: compliance, backup, security management, and email management. The organization implemented a variety of Symantec products including Symantec Control Compliance Suite, Altiris Client Management Suite, Deployment Solution, Carbon Copy Solution, and Inventory Solution, Veritas NetBackup and Symantec Enterprise Vault.

A Total Operational and Economic Impact analysis by The Alchemy Solutions Group pinpointed the following areas of business value: $1,319,339 in labor cost avoidance from the centralization of the data backup operations, $462,802 in staff time spent managing and troubleshooting backups, $45,465 in vulnerability analysis and intelligence reporting for network security, $426,859 in labor savings with Managed Security Services, $39,526 in streamlining issue resolution for end users, $283,209 in software package installation and re-installation, $546,817 in more efficient management of compliance reporting, $285,845 in data storage savings through compression and single-instance archiving, and $6,523 in cost savings by reducing IT time spent remediating mailbox-related issues.

Products Implemented

Control Compliance Suite

Business Value Analysis Study



AgFirst Farm Credit Bank deployed a variety of Symantec solutions to combat for basic IT challenges: growing compliance requirements, inefficient and costly backups, security management, and email archiving. The bank standardized on Control Compliance Suite, NetBackup, Symantec DeepSight Threat Management System, Managed Security Sercices, and a variety of products from the Altiris line including Client Management Suite, Inventory Solution, and Carbon Copy, The team also leveraged Symantec Consulting Services for the project. Myriad benefits include over $1.3 million in data backup labor cost avoidance, $462,802 in backup and restore labor productivity gains, $426,859 in labor savings thanks to Managed Security Services, $546,817 in compliance reporting labor producity gains, and $285,845 in reduced storage savings.

Podcast



July 8, 2009 | 25:59 | 18.3 MB

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Interview with the IT Leadership Team at AgFirst Farm Credit Bank

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Success Details



Products Implemented

Control Compliance Suite

Organization Profile

AgFirst Farm Credit Bank is a regional funding and financial services cooperative serving 23 agricultural credit associations in the eastern United States. Indirectly, AgFirst serves 80,000, mostly rural and agricultural customers. The agricultural credit associations and their customers rely on AgFirst, based in Columbia, South Carolina, for a range of centralized information management services critical to their daily business.