How LA RIAs Save Money Utilizing Thin Clients

Craig Pollack | Feb 19, 2015

How-LA-RIAs-Save-Money-Utilizing-Thin-ClientsA thin client is a desktop terminal that has no hard drive. Applications, files, memory, and other features normally found on a computer are stored in a data center.

Thin clients allow Los Angeles RIAs to instantly access any virtual desktop or application, providing their firms with a cost-effective method of creating a VDI (virtual desktop infrastructure).

Some investment firms have discontinued use of PCs in favor of thin clients because of the benefits they deliver. These benefits include:

  • Lower maintenance costs
  • Centralized computer resources
  • Better security
  • Scalability
  • Ability to login from anywhere

In this article, let’s review a few ways utilizing thin clients can save money.

Increased Data Protection

Sensitive company and client data is always stored safely on the central server, so nothing is lost if the end user machine fails or breaks down. There’s also no need for local data backup. Expensive downtime is avoided.

Interchangeable Office PCs

Thin clients allow office PCs to become interchangeable. If one breaks down, the end user simply logs into another machine that’s connected to the VDI. Downtime, data recovery, reinstallation, and other costly recovery procedures are completely bypassed.

Since thin clients require no setup or configuration, it’s easy and relatively inexpensive to replace a broken or damaged computer.

Simplified Upgrade Process

Because all programs and applications are stored on the server, it’s the only machine that requires upgrading. No more replacing or upgrading individual workstations on a rotating basis, saving both time and money.

Improved Productivity

The end user will be working off of a fast server instead of local PC with more limited memory and processing speed. Those who work at home or on the road can access their desktops from anywhere, extending customer service hours and maximizing company profit.

Simplified IT Support

The firm’s IT department can access the RIA’s desktop without having to physically visit their workplace. Broken hardware will still have to be replaced in person, but other forms of technical support can be phone-based. Lead times for support drop dramatically, keeping productivity levels high.

Larger firms benefit from a centralized system because IT staff can troubleshoot issues without having to be on site, allowing them to serve more employees with less effort. Smaller companies can even look at outsourcing their IT requirements, saving on staffing costs and keeping the existing staff dedicated to the core business.

Bottom Line

In terms of company expenditure, thin client deployment can be more cost-effective than with desktop PCs. Some investment firms which have made the switch are reporting cost savings as well as improved reliability, security, and productivity.

 

Do you think thin clients are advantageous for LA investment firms? Let us know your thoughts in the Comments box below.

 

And to follow-through on the tips introduced in this short article, be sure to download your free guide, Investing in High Net Worth Clients: The LA Investment Advisor's Guide to Using Technology to Manage and Grow Your Firm.

 

Download Your Free Guide: The LA Investment Advisor's Guide to Using Technology to Manage and Grow the Business

Author

Craig Pollack

Craig Pollack

Craig is the Founder & CEO of FPA Technology Services, Inc. Craig provides the strategy and direction for FPA, ensuring its clients, business owners, and key decision makers leverage technology as efficiently and effectively as possible. With over 25 years of experience building the preeminent IT Service Provider in the Southern California area, Craig is one of the area’s leading authorities on how small to mid-sized businesses can best secure and leverage their technology to achieve their business objectives.

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