Voltage Security Financial Services Solutions

Securing Electronic Communications for Financial Services

Voltage provides the solutions that allow brokerages, mortgage, banking firms and insurance companies to meet privacy concerns head on. By allowing organizations to protect their most sensitive financial services communications they can better serve their customers and meet compliance requirements (GLBA and SEC17a4), without building a complex infrastructure.

There are costs savings to be enjoyed as more financial service companies begin to communicate securely with their customers over email. One of Voltage's SecureMail customers, who specialize in home loan mortgages, has reduced their mortgage completion timeframe by 2 weeks, leading to 18% more mortgages processed per annum.

Over the years, many financial organizations have looked seriously at Public Key Infrastructures (PKI) as a solution to securing email communications, but due to complexity, high-costs, and the inability to securely communicate with users outside the infrastructure, these projects never came to fruition. The failure is not because PKI technology does not work, but because it is difficult to implement and it is not transparent to the end-user. While some financial organizations considered a Web-based model of secure messaging, the thought of having to maintain an additional Web-based email application (plus servers), as well as drive their clients to a hosted site to pull down information, is daunting.

Voltage's Secure Messaging Platform provides financial service companies with secure email, secure statement delivery, and secure end-to-end Blackberry correspondence. By utilizing Identity-Based Encryption (IBE) – a next generation encryption and authentication method that doesn't rely on digital certificates – financial organizations can provide customers with multiple channels of secure interaction while remaining compliant with governmental regulations.