Caribbean News Now!

About Us Contact Us


Jump to your country or territory of interest

Advertise with us

Reach our daily visitors from around the Caribbean and throughout the world. Click here for rates and placements.


Submit news and opinion for publication


Click here to receive our daily regional news headlines by email.


Click here to browse our extensive archives going back to 2004

Also, for the convenience of our readers and the online community generally, we have reproduced the complete Caribbean Net News archives from 2004 to 2010 here.

Climate Change Watch

The Caribbean is especially vulnerable to rising sea levels brought about by global warming. Read the latest news and information here...


Follow Caribbean News Now on Twitter
Connect with Caribbean News Now on Linkedin

News from the Caribbean:

Back To Today's News

New data centre opens in Cayman Islands
Published on April 17, 2014 Email To Friend    Print Version

PITTSBURGH, USA -- FinScan, a leading global provider of sanctions/politically exposed persons (PEP) screening solutions, document verification, and sanctions lists has announced the opening of a data centre in the Cayman Islands. The new location was added to meet FinScan's rapidly growing international client base and complements other data centres in the United States, Canada, and Germany.

Growing client interest in software as a service (SaaS), or "hosted," options has driven FinScan's global expansion. The Cayman location was added to serve clients in Latin America and offshore locations such as in the Caribbean who prefer their choice of jurisdiction and location to meet data privacy concerns and operational processing windows.

"FinScan has data centres positioned in key areas of the world to improve service to our international client base," said Bob Colonna, FinScan's CEO. "We anticipate that the Cayman facility will provide a resource not only for our clients in the Americas, but those in EMEA and APAC as well."

FinScan established a second Cayman facility as an extra measure of security to help ensure that customers do not experience breaks in service should there be a catastrophic failure. To date, FinScan has not had a server go out of service at any of its facilities. Clients and third parties regularly review FinScan's security measures and perform penetration tests. All locations have passed these stringent requirements.

"Our primary focus is on providing our customers with the most efficient, secure service possible," said Michael Ott, FinScan's senior vice president. "Our fast implementation and record of 100% data centre uptime make FinScan a safe choice for organizations requiring reliable, fast turnaround."

The FinScan SaaS solution processes clients' data to their specifications in either batch or interactive web services and returns the updated files/records to them. Compared to the traditional model of licensing and operating software solutions in-house, hosted processing significantly reduces clients' initial investments as well as ongoing demands on their internal personnel and hardware resources. FinScan, on a hosted basis, screens over one billion records monthly – and this number is growing at 70 percent per annum.

"We're very pleased to provide our clients the added service and security of our Cayman data centres," said Ott. "Having a secure data centre in this centralized region provides organizations around the globe the valuable option of hosted processing to meet their PEP and sanctions screening needs."
Reads: 1961

Click here to receive daily news headlines from Caribbean News Now!



No comments on this topic yet. Be the first one to submit a comment.


Send us your comments!  

Send us your comments on this article. All fields are required.

For your contribution to reach us, you must (a) provide a valid e-mail address and (b) click on the validation link that will be sent to the e-mail address you provide.  If the address is not valid or you don't click on the validation link, we will never see it!

Your Name:

Your Email:

(Validation required)

Enter Code

Please note that, if you are using an AT&T domain email address, e.g.,,, the verification email will likely not be delivered. This is outside of our control and the only remedy seems to be for readers to complain to AT&T

User comments posted on this website are the sole views and opinions of the comment author and are not representative of Caribbean News Now or its staff. Caribbean News Now accepts no liability and will not be held accountable for user comments.
Caribbean News Now reserves the right to remove, edit or censor any comments. Any content that is considered unsuitable, unlawful or offensive, includes personal details, advertises or promotes products, services or websites or repeats previous comments will not be approved.
Before posting, please refer to our Terms of Use and Privacy Policy.

The Caribbean Writer 2014

Other Headlines:

Regional Sports: