Dutch stockbroker Eduard de Graaff has contracted with Baltimore Technologies to secure a proposed Internet-based system for high value stock trading and banking.
The company is licensing Baltimore SelectAccess authorisation management software and the UniCERT Certificate Management System to protect its online trading and banking operations.
Eduard de Graaff says it will implement the technology as part of the roll out of a new Internet-based service that allows customers, including international banks, stockbrokers, institutional investors, and individuals, to perform high-value stock trades and bank transactions online.
SelectAccess, launched just last week by the Dublin-based vendor, will enable Eduard de Graaff to closely manage which transactions each customer is authorised to conduct in addition to ensuring customers access only their own account information. Eduard de Graaff is also using UniCERT to issue digital certificates - digital forms of identification - to all individuals authorised to trade online.
"Our customers typically perform high-value transactions so it is critical that our Internet trades are as secure as traditional transactions placed through our traders. Baltimore SelectAccess not only meets our requirements for fine-grained access, but also provides the flexibility and ease of use that will help us bring this new offering to market quickly," says Marc Geels, IT Manager, Eduard de Graaff.