University operated data archiving service
The University provides a cloud based secure archiving facility, branded DigiSafe. This service provides multiple-offsite backups of both 'warm' and 'cold' data (e.g. occasionally accessed (warm) or rarely/kept for compliance reasons (cold) data. Data storage is charged on a rental basis and is managed at a Departmental/Centre level.
For pricing details see the DigiSafe page, and if you are interested in using this service contact email@example.com to discuss.