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Financial Services Firm Gets 'Hands-Free' IT

Most companies don’t start out with a clear understanding of their IT needs. Even for companies that may depend heavily on IT assets, getting the company off the ground, landing customers and making payroll are typically more important concerns. So it’s no surprise that many smaller companies quickly outgrow their IT assets, yet still do not need a full-time IT department to keep things running.

For these businesses, an outsourced IT department offers the technology expertise and system performance required without expensive staffing issues. The right technology partner can make IT a “hands-free” part of the business. Houlihan Smith & Co., a specialized financial services firm founded in 1996, fits this profile.

Houlihan Smith & Co. focuses on bringing its clients value through the management of corporate financial events. Although it has had a network server, computers, printers, and other IT assets — until March 2001, the company did not have the expertise to make the most of them.

“Because there never was anyone to oversee technology, Houlihan Smith & Co. increasingly had problems accessing its data, protecting that data and really taking advantage of the features of its existing investments,” said Malik Gillani, director of technology integration at Micro-Tech U.S.A.

Micro-Tech U.S.A. performed a Technology Assessment Profile (TAP) — a comprehensive examination of all technology resources and practices — for Houlihan Smith & Co. In addition to an examination of every piece of equipment and software investment, the TAP included discussions with both management and end-users to determine expectations and potential problem areas.

“The TAP gave us a chance to talk about what they wanted out of technology, how they perceived themselves in their industry and how they wanted to use technology to achieve their goals,” Gillani said. “This knowledge base is an important part of the assessment.”

After the TAP, Micro-Tech U.S.A. made several recommendations for improving the IT assets and meeting business goals. Among them was an upgrade of the network servers’ data backup solution. A new Veritas software solution sends data to an auto-loading tape drive device. Instead of swapping tapes each day, tapes only need to be exchanged once per week.

“Throughout the process, we kept one thing in mind — the solutions we implemented needed to work with minimal effort on the firm’s part,” Gillani said.

New antivirus software was installed on the network and an automatic update feature is being used to keep the most current virus definitions on each desktop without any effort from end-users. Security has also been enhanced by the addition of a 3Com network firewall to protect the network from intrusion.

Houlihan Smith & Co. employees also now have greater access to company data thanks to a Citrix server solution that allows employees secure access to applications from home or on the road, 24 hours a day.

“That’s had a huge impact on productivity. It has reduced the time required to be in the office, and has made it much easier to work while traveling, and I can get more done,” said Andy Smith, founder and president of Houlihan Smith & Company. “It’s been as much a lifestyle improvement as a business process improvement.”

Today Houlihan Smith & Co. has an ongoing service contract program with Micro-Tech U.S.A. to make sure the firm’s IT resources continue to perform as required. The firm has also been assisted by Micro-Tech U.S.A. when it needed a new ISP and as it evaluates new contact management solutions. The firm depends on its IT resources, but it simply cannot afford to spend time managing them, so the relationship with Micro-Tech allows Smith to focus on his core business.

“They have excellent technical expertise and their staff is very knowledgeable,” Smith said.

And Micro-Tech U.S.A. technicians are also very available. With the service contract in place, Houlihan Smith & Co. receives pre-scheduled visits from a dedicated technician, as well as a four hour response time guarantee for emergency support. With the installation of PC Anywhere remote management software on Houlihan Smith’s server, system maintenance and troubleshooting can be performed quickly and often without any site visit, even if their Internet connection is down.

“We are absolutely in a much better situation than we were originally,” Smith said. “Micro-Tech has been very responsive in getting us what we need and getting everything implemented quickly.”


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