ORLANDO, Fla.--(BUSINESS WIRE)--Viewpost, the secure B2B network for electronic invoicing, payments and cash management, has been named an honoree of a 2017 CSO50 Award from IDG’s CSO. This prestigious honor is granted to a select group of organizations that have demonstrated that their security projects and initiatives have created outstanding business value and thought leadership for their companies.
Viewpost is being recognized with this award for a proprietary financial crime risk analysis and detection system called Cagey. The Viewpost security, fraud and financial crimes teams hand-developed software that analyzes customers based on their risk and other exclusive markers and displays the data in a unique method, allowing the teams to more closely monitor the platform. The Cagey system produces financial crime insight mapping and reputational ranking that enables Viewpost analysts and teams to distinguish between good customers and others in an iterative fashion. Key to team success is the software’s collaborative approach and platform that unites several historically siloed disciplines into a cross-functional team that can monitor and take action from a single dashboard.
"I am extremely proud of our team’s ability to conceive, design, develop and implement this very unique Financial Crime analysis engine, monitoring tool, and mind-mapping software in-house,” said Dr. Christopher Pierson, EVP, Chief Security Officer and General Counsel at Viewpost. "With increases in automation and decision intelligence, Regulatory Technology (RegTech) has become an area ripe for disruption especially where technology brings together teams to collaborate on a unified platform. This recognition from CSO is validation that our company’s entrepreneurial DNA, no matter how we apply it, is invaluable to our business.”
“Security and compliance are primary elements of Viewpost's foundation, and our teams continuously strive to over deliver in that regard,” said Max Eliscu, CEO at Viewpost. “Being recognized three consecutive years in a row by a highly respected panel of judges is testament to the rigor our teams bring to B2B transactional efficiency and soundness."
"The stakes have never been higher when it comes to protecting an organization's sensitive data from criminals and breach," said Joan Godchild, editor-in-chief of CSO. "Security leaders are expected to not only deliver protection, but also to drive business initiatives. Our annual CSO50 awards recognize security projects that enhance defense and also deliver ROI."
Viewpost will accept its award at the CSO50 Conference + Awards held May 1–3, 2017, at the Scottsdale Resort at McCormick Ranch in Scottsdale, Arizona. Viewpost also congratulates the other 49 honorees on their 2017 CSO50 Award. The prestigious list of honorees from this year and previous years includes AT&T, Blackstone, BNY Mellon, Centura Health, Citi, The Clorox Company, FedEx, GoDaddy, Hershey Company, Kimberly-Clark Corporation, MasterCard, Monsanto, Rapid7, TransUnion, USAA, and Voya Financial.
About the CSO50 Awards
Launched in 2013, the CSO50 Awards recognizes 50 organizations for security projects and initiatives that demonstrate outstanding business value and thought leadership. The CSO50 Awards are scored according to a uniform set of criteria by a panel of judges that includes security leaders, industry experts, and academics. Awards will be presented at the CSO50 Conference + Awards.
CSO is the premier content and community resource for security decision-makers leading “business risk management” efforts within their organization. For more than a decade, CSO’s award-winning web site (CSOonline.com), executive conferences, strategic marketing services and research have equipped security decision-makers to mitigate both IT and corporate/physical risk for their organizations and provided opportunities for security vendors looking to reach this audience. To assist CSOs in educating their organizations’ employees on corporate and personal security practices, CSO also produces the quarterly newsletter Security Smart. CSO is published by IDG Enterprise, a subsidiary of IDG. Company information is available at www.idgenterprise.com.
Viewpost North America is revolutionizing the way businesses transact with each other. Viewpost built the most trusted open business network to empower businesses of all sizes with real-time cash management for anytime operating decisions. On the secure Viewpost network, companies connect and exchange electronic invoices and payments with unprecedented ease and visibility, accessing working capital on demand. Enterprise clients are using Viewpost to cut costs, increase efficiency and improve cash management, including Accenture, Florida Hospital Medical Center, Georgetown University, the Orlando Magic and Whole Foods Market. With enterprise-grade security, including ISO 27001 and SSAE16 audited certifications and the TRUSTe Privacy Seal, Viewpost is partnering with financial institutions to bring cash management tools to business customers at U.S. Bank, Bank of America and Fifth Third Bank. Viewpost innovation has been awarded Best in Show by Barlow Research, Best CISO/CSO by FireEye Cyber Defense Summit, CSO50 Award (four-time honoree) by IDG’s CSO, and Best B2B Payments Platform by Tradestreaming. Since Viewpost was opened to the public in early 2015, the total invoices presented and payments processed has reached $68.3 billion across the network. Founded in 2011, Viewpost is headquartered in the Orlando area, with additional teams in Boston, Minneapolis and San Francisco.