Vaultive Encryption for the Cloud Enables First Global Bank to Migrate to Office 365
Grazed from Vaultive. Author: PR Announcement.
Vaultive today announced that the first global investment bank to adopt Microsoft’s Office 365 service has selected Vaultive to provide the data encryption required to enable the bank to migrate its global workforce to the cloud. The bank chose Vaultive after an exhaustive 6 month competitive review, citing Vaultive’s strongest level of data encryption, functionality, performance, responsiveness, and support for multiple cloud-applications.
While banks and other financial services firms have long been at the forefront of technology trends, this is not the case with cloud computing. Strict regulatory requirements, as well as security and disclosure concerns, have prevented cloud adoption. In addition, firms that operate globally are constrained from migrating to the cloud by a growing number of international data residency laws…