CLIENT

The client, one of the largest Private Banks in Switzerland, is working in several fields: Private Banking, Asset Management and Brokerage. The Private Bank headquarters is located in Geneva, with a number of other sites around the world. The Bank has a solid reputation, always distinguished by a strong will to maintain its independence to deal with the many challenges they face today.

 

NEEDS

The Private Banking sector is increasingly subject to the pressures of cost control and FINMA recommendations. This body, the regulator of the financial sector in Switzerland, issued a recommendation urging Banks to develop a Data Loss Prevention solution.

The CIO’s goal was to have a solution to control all exchanges of information (e-mails and attachments) in real time, according to specific criteria.

Finally, the client wished to deal with the new issues involved in data loss prevention (Mobile Banking, Private Cloud, etc.).

SOLUTION

To start the project, Crossing-Tech, an AiM’s partner, helped the client’s team to define the DLP scope.

Once the project priorities had been identified, Crossing-Tech delivered the first internal and external e-mail management module in just six weeks, to meet the deadline set by the client. This information flow management and control module enabled the CIO to improve operational risk management.

Having successfully set up the module, the client now receives real-time alerts, and is protected against data loss and leakage. The Bank is also able to use Connectivity Factory™ to meet other DLP requirements.

BENEFITS

  • Control and analysis of all information exchanges to prevent the loss or leakage of sensitive confidential data.
  • Acquisition of solution: Connectivity Factory™, with great flexibility (DLP, Private Cloud, Mobile Banking, etc.)
  • High Return on Investment (ROI).
  • Increased visibility of project progress, through close collaboration between the client teams and Crossing-Tech.