30 November 2015

Euroclear signs for BT managed security services

29 September 2008  |  5886 views  |  0 Euroclear

European depository Euroclear has signed a three year deal with UK telco BT for the provision of security monitoring and management services.

BT says Euroclear has selected its Managed Security Solutions package to protect its critical information assets and infrastructure. The service is powered by Counterpane, an Internet security division acquired by BT in 2006.

The agreement calls for BT to conduct real-time monitoring, correlation and analysis of Euroclear's technology assets, says BT. This will enable the depository to instantly respond to and mitigate against a wide range of threats to computers, applications and networks that arise from inside and outside the organisation.

Following the introduction of the security monitoring service, Euroclear will be better able to see how its security infrastructure is performing and access standard daily, monthly and weekly reports, says BT.

Wim Claeys, executive director, Euroclear, says: "Safeguarding client transaction processing, data and securities holdings, is a high priority for us; we are confident that BT's Managed Security Systems will move us even closer to zero-tolerance levels."

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

08 September, 2008
15 July, 2008
30 June, 2008
06 March, 2008
26 February, 2008
02 March, 2005
29 June, 2004
09 February, 2004
26 September, 2001

Related company news


Top topics

Most viewed Most shared
BBVA buys 29.5% stake in Atom for £45...
8185 views comments | 34 tweets | 42 linkedin
Former Barclays chief forecasts massive jo...
7423 views comments | 30 tweets | 36 linkedin
EPC publishes proposals for pan-European i...
7343 views comments | 34 tweets | 32 linkedin
WeChat launches mobile wallet in South Afr...
6419 views comments | 20 tweets | 16 linkedin
BBVA Bancomer first to roll out dynamic CV...
6039 views comments | 14 tweets | 21 linkedin

Featured job

Competitive base, double OTE
New York City, NY. USA

Find your next job