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@stake develops security and consulting package for financial institutions

15 August 2001  |  2222 views  |  0 @stake develops security and consulting package for financial institutions

Cambridge MA-based digital security consulting firm @stake has bundled together a tailored portfolio of services for banking clients under the SmartRisk Financial Services banner.

The package is particularly aimed at companies streamlining operations for improved efficiency. It deals with risk and security issues relating to M&A, the development of financial portals and electronic exchanges, and the management of large-scale redundancy programmes.

Former senior managing director at Castle Harlan, Jeffery Siegal, and now @stake's CFO comments: "Under difficult economic conditions, operational efficiency is a major determinate of a financial institution's ability to thrive. The decisions firms make to become more efficient include efforts to streamline and maximise return on technology. This effort to streamline operations and infrastructure has significant security implications for both the present business and a financial institution's ability to prudently explore new opportunities in the future."

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