NEWS
IBM and Bank of America
advance IBM Cloud for
financial services
IBM has announced that several global
banks will join a growing ecosystem
of financial institutions and more than
30 new technology providers adopting
IBM Cloud for Financial Services.
The news also marks a significant
milestone in IBM’s collaboration with
Bank of America, with the availability
of the IBM Cloud Policy Framework
for Financial Services. The IBM Cloud
Policy Framework for Financial Services
establishes a new generation of cloud
for enterprises with common operational
criteria and streamlined compliance
controls framework specifically for the
financial services industry, allowing
IBM’s growing financial services
ecosystem to transact with confidence.
IBM is also announcing the formation
of the Financial Services Cloud Advisory
Council to support this effort and
advise on the on-going advancement
of the IBM Cloud Policy Framework for
Financial Services. Chief Technology
Officer, Tony Kerrison, will represent
Bank of America on the council, which
will be led by Howard Boville, SVP, IBM
Cloud. The council will be focused on
bringing major financial institutions
together to help drive the strategic
evolution of cloud security in this highly
regulated sector.
“We have had great success with our
proprietary, private cloud, that
currently houses the majority of our
technology workloads,” said David Reilly,
Bank of America’s Global Banking and
Markets, Enterprise Risk and Finance
Technology and Core Technology
Infrastructure executive.
Pulse Secure
recognized as
a market
leader in
Network
Access Control
for third
consecutive
year
Pulse Secure, a leading provider of
software-defined Secure Access solutions,
has been recognized as a technology leader
and among the top three performers for
technical excellence in 2020 Network Access
Control (NAC) market report by Quadrant
Knowledge Solutions.
The ‘SPARKS Matrix: Network Access Control
(NAC), 2020’ report by research firm,
Quadrant Knowledge Solutions, determined
that the NAC market is expected to grow
by 17.2% CAGR from a market size of
US$1.580 billion in 2019 to US$4.07 billion
by 2025.
“We rated Pulse Secure in the top three
NAC vendors that scored the highest overall
ratings, and a frontrunner in accommodating
on-going and emerging trends – it is
highly flexible, competitive and scalable,”
said Piyush Dewangan, Industry Research
Manager at Quadrant Knowledge Solutions.
“With recent enhancements, Pulse Secure is
well-positioned to deliver integrated secure
access capabilities based on a Zero-Trust
Security model for hybrid IT with granular
classification, contextual visibility and
adaptive access control.”
The SPARKS Matrix report cites Pulse
Secure as offering a flexible and scalable
enterprise-grade NAC solution to support
the requirement of large enterprises with
‘an easy path to NAC with wizard-based
configurations to start with rich endpoint
discovery, profiling, inventory and guest
management features and then extend
functionality for granular user and endpoint
compliance enforcement, automated threat
response and scaled management.’
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