A Global Bank Chooses OpenTrust MFT for Secure Document Exchange

PARIS--(BUSINESS WIRE)--OpenTrust, the Next-Gen IT security software publisher, today announced that one of Europe’s biggest financial institutions has chosen to implement OpenTrust MFT to securely exchange documents of all sizes.

“This bank required a secure, multi-entity and multi-purpose document exchange solution. OpenTrust® MFT, satisfies all these requirements, providing a secure platform for centralized electronic exchanges, optimizing business processes and increasing productivity”

The client is a leading financial institution present in all banking activities (retail, corporate, investment) with thousands of branches in 70 countries worldwide.

The bank’s immediate benefits are:

• End-to-end confidentiality of all file exchanges
• A highly customizable solution, simple to use, implement and operate
• Management of files of all types and size (no limit)
• Full traceability of actions

Today, the communication needs of all organizations, from small companies to multinational organizations, involve the transfer of large volumes of data both internally and externally. Traditional email systems cannot cope with large files and alternative FTP services are both time-consuming and costly to administer when deployed to a large numbers of users. Secure, auditable, cost-effective file exchange is therefore high-priority for all organizations.

OpenTrust MFT (Managed File Transfer) is an all-inclusive solution for securing exchanges of files of all types and sizes in accordance with organizational procedures and security policies. In addition to a friendly, fully-customizable GWT™-based user interface, the solution features strong file encryption capabilities, a fine-grained access control model for efficient and secure delegation of management across branches and built-in reporting and auditing tools. Authentication schemes, exchange rules and policies are all controlled per user profile via a full-featured web-based administration module. The solution is available as traditional licensed software or as SaaS via the OpenTrust Private Cloud.

“This bank required a secure, multi-entity and multi-purpose document exchange solution. OpenTrust® MFT, satisfies all these requirements, providing a secure platform for centralized electronic exchanges, optimizing business processes and increasing productivity”, said Hervé Lecart, Associate Director of Online Services.

OpenTrust will be presented as a partner solution by Steria at InfoSecurity Belgium on 23-24 March 2011

About OpenTrust:

OpenTrust is a next-generation security software leader dedicated to developing flexible solutions designed to help today's enterprises meet complex security challenges and establish agile, end-to-end trusted IT infrastructures. OpenTrust’s solutions secure information at multiple layers throughout the organization providing solid foundations for shared computing models such as Cloud computing. OpenTrust integrates seamlessly with a wide variety of technology from leading vendors