30 April 2017
Find out more

Euroclear signs for BT managed security services

29 September 2008  |  6196 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)

Finextra news in your inbox

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

Related stories

Euroclear and DTCC eye syndicated loans processing

Euroclear and DTCC eye syndicated loans processing

08 September 2008  |  9500 views  |  0 comments
Visa Europe migrates to new BT network

Visa Europe migrates to new BT network

15 July 2008  |  4401 views  |  0 comments
Nationwide outsources IT networks to BT

Nationwide outsources IT networks to BT

30 June 2008  |  5892 views  |  0 comments
Euroclear establishes IT division

Euroclear establishes IT division

06 March 2008  |  12800 views  |  0 comments
BT to host Turquoise trading platform

BT to host Turquoise trading platform

26 February 2008  |  6443 views  |  0 comments
Euroclear licenses Norkom fraud detection technology

Euroclear licenses Norkom fraud detection technology

02 March 2005  |  4847 views  |  0 comments
Euroclear signs with Infonet for managed IP network

Euroclear signs with Infonet for managed IP network

29 June 2004  |  3683 views  |  0 comments
Euroclear renews Radianz contract

Euroclear renews Radianz contract

09 February 2004  |  3725 views  |  0 comments
Radianz to provide IP network for proposed Euro CP system

Radianz to provide IP network for proposed Euro CP system

26 September 2001  |  3019 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Find out morevisit vasco.com/news/PSD2-compliant-solutionsVisit capgemini.com

Top topics

Most viewed Most shared
Six global banks join Swift DLT trialsSix global banks join Swift DLT trials
8089 views comments | 17 tweets | 36 linkedin
JPMorgan formally quits R3JPMorgan formally quits R3
7850 views comments | 27 tweets | 16 linkedin
BBVA steps up fintech acquisition strategy with purchase of OpenpayBBVA steps up fintech acquisition strategy...
7349 views comments | 17 tweets | 17 linkedin
Should central banks open up payment and settlement systems to non-banks?Should central banks open up payment and s...
6391 views comments | 22 tweets | 21 linkedin
Token raises $15.7 million as PSD2 approachesToken raises $15.7 million as PSD2 approac...
6041 views comments | 20 tweets | 20 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job