For Financial Services Companies
In today’s digital world, sensitive financial information – including social security numbers, account numbers, credit card numbers, and other high-value, highly confidential information – is being sent back and forth between businesses and individuals at speeds faster than anyone ever thought possible. While this information exchange enables financial institutions to deliver higher levels of service and capitalize on emerging growth opportunities, it also leaves them vulnerable to security breaches and data leaks that can irrevocably damage the reputation and competitive success of an organization.
In the finance and banking sectors, federal regulations such as the U.S. Sarbanes-Oxley Act and Gramm-Leach Bliley Act, as well as international regulations such as Basel II, COBIT and J-SOX require that companies manage, record, and report on all electronic communications between employees and clients – and that they ensure the security and confidentiality of both customer and corporate information.
As a result, more and more financial services companies are looking for secure, easy-to-use, and affordable document management solutions that enable them to exchange confidential data while maintaining tight control over corporate financial information. Ipswitch’s secure file transfer solutions enable banks, brokerages, and insurance companies to quickly and cost-effectively ensure the integrity, availability, security, confidentiality, and compliance of electronic communications.
| File Transfer Challenge | WS_FTP Solution |
|---|---|
| Ensure the safety, security and integrity of the information exchange | The WS_FTP solution provides 256-bit AES encryption for transfers over SSL and SSH protocols – the highest commercially available encryption technology – making it the most secure solution for financial services that require confidentiality when transferring files over the Internet. WS_FTP also leverages OpenPGP file encryption and SHA-512 integrity to ensure uncompromised transfers and non-repudiation. |
| Comply with stringent regulatory requirements | Our solution exceeds the highest security and compliance standards. WS_FTP assures data integrity and provides industry-leading security by encrypting the files being transferred as well as the communication channel itself, and ensuring secure access to the file transfer server. The solution also provides unparalleled visibility into the path of information with a robust and comprehensive audit trail and sophisticated reporting and delivery assurance. |
| Increase ease of use and control IT operational and training costs | WS_FTP Professional’s intuitive graphical user interface is easy to configure, and requires no expensive training. WS_FTP Server’s secure web-based interface lets administrators control access, define rules, and ensure enforcements from one customizable dashboard. Silent installs and virtualization are also major cost-control mechanisms supported by WS_FTP. |
| Acquire and retain customers | The WS_FTP architecture scales to thousands of servers and clients – providing the server clustering and load balancing to ensure the availability and performance of critical customer information and applications. |