Moving files in banking and capital market organizations is business-critical, as these files usually contain sensitive data like customer names, addresses, phone numbers and other personally identifiable information (PII). Business data files can contain regulatory compliance information, mortgage loan information or credit worthiness records.
Transferring and storing this data in a more secure manner helps protect against data breaches which can result in regulatory fines and damage to reputation.
Why Banking and Capital Markets Organizations Use MOVEit
MOVEit enables organizations to more securely send data files that contain sensitive commercial or personal information, such as:
- Mortgage documents
- ACH notifications
- Lockbox applications
- International remittances
- Check images
- Regulatory compliance reports
Trust a Leader in Managed File Transfer
- Encrypts data at rest and in transit
- Offers FIPS 140-2 and AES-256 validated cryptography
- Helps enforce user, system and file security policies while facilitating more controlled movement of sensitive files
Support Compliance and Reporting
- Helps enable GDPR readiness
- Supports SOX, MiFID II compliance reporting
- Reduces the effort and time spent preparing for compliance audits
Predictability You Can Count On
- Supports system-wide high availability with active-active failover
- Targets 99.9% application uptime (outside of scheduled maintenance)
- Provides local high availability via load-balanced web farm with continuous replication from primary data centers to geographically distinct failover data centers
Benefits of MOVEit for Banking and Capital Market Organizations | ||
|---|---|---|
Increases Productivity: Facilitates easy file sharing of any size or type with internal and external users. | Offers Ease of Compliance Reporting: Helps meet regulations and standards, such as GDPR, PCI, SOX, MiFID II. | Helps Reduce the Risk of Data Loss: Increases visibility, control, security and auditability of data transfers. |
Trusted by Banking Professionals
Transfer Data More Securely
- Encrypts data at rest and in transit
- Enhances security with FIPS 140-2 and AES-256 cryptography
- Provides more secure access control via multi-factor authentication
Help Demonstrate Compliance with Privacy Regulations and Standards
- Helps banking and capital markets organizations comply with regulations such as GDPR, PCI, SOX, MiFID II
- Supports organizations in reducing the risk of fines for non-compliance
Enhance Governance and Control of Data Transfers
- Provides tamper-evident audit trails of all activities
- Allows only authorized users to access restricted file contents
- Includes pre-defined and customizable reports