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Business

Onyx Group: Ensuring data security and business continuity for financial services firms

Published by Gbaf News

Posted on August 23, 2013

4 min read

· Last updated: October 31, 2023

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Onyx Group is a national technology provider specialising in risk management – data security, business continuity – and managed services including cloud computing and outsourcing.

onyx group

onyx group

The Evolving Data Security Landscape

Current data security landscape

Due to the high impact that IT failure can have on a business, particularly when confidential customer information is held, risk management has become an increasingly important issue. While data security is vital, it is also essential that companies have business continuity plans in place to ensure they can continue to operate with minimal downtime.

Financial Services Compliance Challenges

Banking and financial services companies are faced with increasingly stringent compliance requirements when managing their data. Failure to comply with these laws can result in severe financial penalties, highlighting a real need for a reliable IT solution.

Onyx Group Background and Service Expansion

Company background and services

Established in 1994, Onyx Group has grown from a regional, home grown IT company to a national technology provider serving some of the UK’s best known businesses. The company owns and manages data centres and workplace recovery sites across the UK including London, Glasgow, Edinburgh, Newcastle, Teesside and Sheffield.

Over the past three years Onyx Group has completed six acquisitions which have seen its customer base grow to over 2,000 clients. The company has expanded across the UK and developed new services and products, such as 24/7 IT support, which are tailored to meet the needs of businesses in the financial services industry.

Comprehensive IT and Business Continuity Services

Key services include: data centre and workplace recovery facilities, business continuity planning, cloud computing, IT security, managed services, Internet and WAN services and IT support.

Commitment to Quality and Certification

Highest quality standards

Onyx Group’s five data centres are all ISO 27001 accredited, with its Newcastle data centre being the first in the UK to achieve such a standard. This is proof of the company pro-actively setting the highest industry standards. The ISO standard is awarded to companies who can demonstrate that the necessary controls are in place to address confidentiality, integrity and the availability of information, factors which are particularly important to the financial services industry.

For more information on Onyx Group and its products and services, visit: www.onyx.net, email sales@onyx.net or call 0800 862 0009.

Onyx Group is a national technology provider specialising in risk management – data security, business continuity – and managed services including cloud computing and outsourcing.

onyx group

onyx group

Current data security landscape

Due to the high impact that IT failure can have on a business, particularly when confidential customer information is held, risk management has become an increasingly important issue. While data security is vital, it is also essential that companies have business continuity plans in place to ensure they can continue to operate with minimal downtime.

Banking and financial services companies are faced with increasingly stringent compliance requirements when managing their data. Failure to comply with these laws can result in severe financial penalties, highlighting a real need for a reliable IT solution.

Company background and services

Established in 1994, Onyx Group has grown from a regional, home grown IT company to a national technology provider serving some of the UK’s best known businesses. The company owns and manages data centres and workplace recovery sites across the UK including London, Glasgow, Edinburgh, Newcastle, Teesside and Sheffield.

Over the past three years Onyx Group has completed six acquisitions which have seen its customer base grow to over 2,000 clients. The company has expanded across the UK and developed new services and products, such as 24/7 IT support, which are tailored to meet the needs of businesses in the financial services industry.

Key services include: data centre and workplace recovery facilities, business continuity planning, cloud computing, IT security, managed services, Internet and WAN services and IT support.

Highest quality standards

Onyx Group’s five data centres are all ISO 27001 accredited, with its Newcastle data centre being the first in the UK to achieve such a standard. This is proof of the company pro-actively setting the highest industry standards. The ISO standard is awarded to companies who can demonstrate that the necessary controls are in place to address confidentiality, integrity and the availability of information, factors which are particularly important to the financial services industry.

For more information on Onyx Group and its products and services, visit: www.onyx.net, email sales@onyx.net or call 0800 862 0009.

Key Takeaways

  • Onyx Group delivers data security and business continuity services tailored for financial services firms.
  • Founded in 1994, it now manages five ISO 27001‑accredited data centres across the UK.
  • Its services include data centre & workplace recovery, cloud computing, IT security, business continuity planning, and managed services.
  • It has expanded through six acquisitions in the past three years, serving over 2,000 clients.
  • The firm's Newcastle data centre was the first in the UK to achieve ISO 27001 certification.

References

Frequently Asked Questions

What services does Onyx Group offer?
Onyx Group provides data centre and workplace recovery, business continuity planning, cloud computing, IT security, managed services, Internet and WAN, and 24/7 IT support tailored for financial services firms.
How many data centres does Onyx Group operate and what certifications do they hold?
Onyx Group manages five data centres across the UK (London, Glasgow, Edinburgh, Newcastle, Teesside, and Sheffield), all ISO 27001‑accredited; its Newcastle site was the first in the UK to receive this certification.
When was Onyx Group founded and how has it grown?
Established in 1994 as a regional IT company, Onyx Group has expanded nationally through six acquisitions over the past three years, now serving over 2,000 clients.
Why is ISO 27001 accreditation important for financial services firms?
ISO 27001 demonstrates that controls are in place to ensure confidentiality, integrity, and availability of information—critical for financial firms to meet stringent compliance requirements and avoid penalties.

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