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Colt announced today that nscglobal and Covata have joined Colt PrizmNet – a financial services extranet that connects providers of financial content to capital markets firms – providing access to the Safe Share secure file sharing solution. Safe Share will enable capital markets participants to securely share data over Colt PrizmNet, providing them with access auditability, certainty of data location and real time revocation of access rights.

Safe Share provides financial institutions with a complete solution for securing sensitive and valuable company data. The patented approach that underlies this secured data solution combines the three pillars of security – identity management, policy and key management – providing Colt capital markets customers with a unified and scalable data security solution.

Jean-Marc Jefferson, Operations Director at nscglobal commented: “Safe Share helps customers meet their statutory obligations and regulatory requirements by ensuring that stored data is always encrypted, and that the encryption keys and algorithms are protected. This secured data solution will enable financial institutions to meet rigorous levels of corporate governance, access monitoring and compliance.”

Hugh Cumberland, solution manager at Colt added: “Colt PrizmNet is the ideal platform for delivering Safe Share, and fits neatly with our strategy of driving a variety of services, solutions and content through Colt PrizmNet, creating a capital markets eco-system. Leveraging Colt PrizmNet for multiple services across front, middle and back office allows our customers to benefit from real economies of scale, whilst not compromising on security or service.”

Covata CEO and Founder, Trent Telford affirmed: “From our history in Government and Defence, we deeply understand the security demands of the capital markets. Safe Share is unparalleled when it comes to delivering a data-centric security solution to support compliance and regulatory requirements. We are delighted to be partnering with Colt to offer this security service to the sector.”

Colt PrizmNet allows Capital Markets firms to connect to new markets and clients quicker using a dedicated private network with deterministic low latency guaranteeing reliable, consistent, and transparent content delivery. More information available here: http://capitalmarkets.colt.net/business-challenges/#financial-services-extranet

About Covata

Covata enables true ownership and control over your data in the cloud and over mobile services. We deliver data-centric security solutions without compromising simple usability; providing true end-to-end security. Your data is always protected wherever it may travel – inside your network, beyond the domain, to mobile devices and to the cloud – with granular access controls that extend to external ad hoc users, view-only restrictions, real time revocation and complete visibility and auditability.

Own Your Data, control your data and choose where it is stored – with complete assurance that it is protected and secure. For further information please visit Covata.com

About nscglobal

nscglobal is a multi-national technology infrastructure and services provider that helps international clients solve infrastructure challenges across 180 countries. nscglobal has grown consistently since 1998 and now employs 2000 staff across 22 regional offices that span every continent with personnel speaking over 40 languages. nscglobal clients are larger organizations that require a capable and trusted partner to efficiently solve challenging technical, process and cost concerns. For more information, please visit: www.nscglobal.com

About Colt

Colt provides network, voice, and data centre services to thousands of businesses around the world, allowing them to focus on delivering their business goals instead of the underlying infrastructure. Customers include 18 of the top 25 bank and diversified financial groups and 19 out of the top 25 companies in both global media and telecoms industries (Forbes 2000 list, 2014). In addition, Colt works with over 50 exchange venues and 13 European central banks.

Colt operates across Europe, Asia and North America with connections into over 200 cities globally. It recently completed the acquisition of KVH – which now operates under the Colt brand – an integrated data centre and communications services business, with headquarters in Tokyo and operations in Hong Kong, Seoul and Singapore.