21 August 2017
visit www.avoka.com

Clearstream Services reports Luxembourg PKI deal

31 July 2006  |  5988 views  |  0 grid

A consortium led by Deutsche Börse subsidiary Clearstream Services has won a deal to provide a public key infrastructure (PKI) for LuxTrust, a JV established by the Luxembourg Ministry of Economic Affairs and banks in the region to develop a common PKI covering the country's economic marketplace.

The consortium, called 'uTrust', consists of e-payments processor Centre de Transferts Electroniques (CETREL), Luxembourg technology firm HITEC and E-business and Resilience Centre (eBRC) as well as Clearstream Services.

The PKI infrastructure will provide certification, registration and authentication capabilities for electronic messaging, including the creation of electronic signatures.

Clearstream says it will manage and produce the electronic certificates. CETREL – which has been chosen as the prime contractor by the consortium members - will be in charge of the production of the smart cards. HITEC Luxembourg will be the consortium project office and quality assurance coordinator, while eBRC will manage the telecommunication infrastructure.

Clearstream and CETREL are the main technology and outsourcing partners and will also share management of servers of the PKI infrastructure.

Commenting on the deal, Yves Baguet, Clearstream Services MD, says: "For Clearstream Services, it is a strategic move into the business of IT managed services. We are continuously developing these services with new customers thanks to our position as a neutral and credible actor with strong technological expertise."

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

Clearstream signs BBVA to Vestima+ funds processing service

Clearstream signs BBVA to Vestima+ funds processing service

01 February 2005  |  3396 views  |  0 comments
Clearstream talks up corporate actions

Clearstream talks up corporate actions

18 January 2005  |  5561 views  |  0 comments
Ixis signs up for Clearstream's Vestima+

Ixis signs up for Clearstream's Vestima+

18 October 2004  |  3240 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.abe-eba.euvisit www.worldpaymentsreport.comvisit www.dorsum.eu

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
10512 views comments | 24 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
8783 views comments | 19 tweets | 23 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
8649 views 0 | 3 tweets | 1 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
8452 views comments | 10 tweets | 7 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
7966 views comments | 17 tweets | 16 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job