Embodiments of the systems and methods disclosed provide a distributed RAID system comprising a set of data banks. More particularly, in certain embodiments of a distributed RAID system each data bank has a set of associated storage media and executes a similar distributed RAID application. Each data bank may have a high speed memory where a write cache is stored. In certain embodiments, a virtualization layer may be executed on a data bank and the distributed RAID application may execute on the virtualization layer. The distributed RAID application may control access to the high speed memory on which the write cache is stored.