CIPHERCLOUD EXTENDS CAPABILITIES OF SALESFORCE FINANCIAL SERVICES CLOUD WITH ADVANCED DATA PROTECTION AND COMPLIANCE CONTROLS

CipherCloud participates as Salesforce Financial Services Cloud launch partner to transform the client-advisor experience while ensuring exclusive access to sensitive data

CipherCloud has announced it is extending the capabilities of Salesforce Financial Services Cloud with advanced encryption, tokenisation and enterprise key management. Financial Services Cloud is generally available for purchase today, empowering advisors to build deeper 1-to-1 client relationships, be more productive and engage more holistically with clients anywhere and on any device.

CipherCloud provides data protection that is tightly integrated with Financial Service Cloud, enabling regulated enterprises to meet data compliance requirements (including GLBA, PCI, FFIEC and EU data protection requirements) for protecting personally identifiable information (PII). CipherCloud encrypts or tokenises sensitive data fields in real-time while the encryption keys never leave the enterprise, using industry-leading FIPS 140-2 validated Searchable Strong Encryption.

“We’re pleased to be selected as a launch partner for Salesforce Financial Services Cloud,” said Dev Ghoshal, SVP of Global Alliances, CipherCloud. “Together, we are enabling financial services firms to proactively comply with the dozens of global regulations that mandate strong assurances for data privacy and sovereignty.”

“The future is here, and it’s advice, not administrative tasks. Salesforce is transforming the advisor-client relationship for the digital age,” said Simon Mulcahy, GM of Financial Services, Salesforce. “CipherCloud is supporting Salesforce in its mission to deliver a new era through proactive, personalised and goal-based collaborative advice.”

Salesforce Financial Services Cloud is transforming the client-advisor relationship by empowering advisors to build deeper, 1-to-1 relationships with clients; enabling advisors to spend less time on administrative tasks and more time focusing on investors; and allowing advisors to engage more comprehensively with clients and their households.