All of our code and our databases are stored and protected at our remote facility at SunGard Availability Systems, a recognized leader in co-location, managed hosting, cloud, security and disaster recovery for financial services organizations. All communications between cfX and SunGard are undertaken through a secure direct connection and all remote access to cfX is subject to multiple layers of security. All of our data is backed up nightly using Barracuda Networks, a leader in data security and protection. This data protection system enables cfX to secure client records for at least five years beyond an issue’s debt retirement date.
Investing in business continuity leaders such as SunGard and Barracuda ensures that cfX has continuous access to all of our systems from any location at all times. In November 2012, following Hurricane Sandy, cfX was able to access all of our systems and databases and maintain full operational capability even though power to our New York office building was unavailable for an entire week. cfX’s approach insures that all client data is secure, redundantly stored and available from any location. It also provides an industry wide technology platform in which the costs of development are shared by multiple HFAs and the benefits are readily available to all.