PROGRESS MOVEit

The secure transfer of sensitive data in banking and capital market organisations is non-negotiable. These files usually contain extremely sensitive data. Large volumes of files need to be securely transferred to and from, as well as within the organisation.

Business data files typically contain regulatory compliance information, mortgage loan information or credit worthiness records.

Mishandling of sensitive, regulated data and unauthorised access could result in large fines, legal liability, and even loss of business.

Therefore, it is vital for data to remain securely encrypted both in transit and at rest, with a tamper-evident audit trail available to prove compliance with regulations.

File security is also essential to an organisation’s business revenue; when files aren’t properly transferred, revenue is lost.  File transfer volumes in the financial services industry can see up to tens or hundreds of thousands of transactions a day. This requires sophisticated, easily implemented automation. The constant addition of new partners, vendors, and users to the file transfer workflow necessitates rapid, simple on-boarding.

Organisations in the financial services sector rely on secure, seamless, compliance-driven managed file transfer (MFT) solutions.

Progress MOVEit is the leading cloud and on-premises MFT solution. MOVEit offers encryption for data at rest and in transit, as well as the greatest ease of deployment, integration, scalability, and automation, without the need for expensive customisation.

Find out more about how MOVEit can address your security, automation and compliance challenges by downloading your financial services resource pack now >>>