Vera and RFA (Richard Fleischman and Associates), today announced a partnership that will make Vera’s advanced data security technology available to hedge funds, private equity firms, and asset managers in the United States, the United Kingdom, and beyond.
Together, these two IT and security leaders are helping investment management firms tackle the SEC’s strict compliance requirements and navigate the increased level of cybersecurity scrutiny these firms are under.
The addition of the Vera data security platform to RFA’s portfolio of security and compliance services will enhance RFA’s comprehensive Information Rights Program, which encompasses data governance, user training, and testing capabilities. The program is available to clients located in both the United States and United Kingdom, and is customized to meet the strict requirements of country-specific regulations.
“Faced with increased SEC scrutiny, innovative investment firms need security tools that can protect confidential financial information without arresting collaboration,” says Grant Shirk, Sr. Director of Product Marketing at Vera. “By partnering with RFA, the most trusted technology partner in the asset management industry, we can help these funds comply with regulatory guidance for encryption, access rights, and data loss prevention, while also promoting better security behavior and awareness across the firm.”
For more than twenty years, RFA has been the trusted technology partner and leading financial private cloud provider for the asset management community, supporting hedge funds with high-performance technology infrastructure. By combining Vera’s innovative data security platform with their industry expertise, RFA can provide asset management firms with the ideal mix of security, data loss prevention, and access control. Compared to traditional rights-management and encryption tools, Vera provides simple, seamless data security that follows financial data wherever it travels - allowing firms to effectively manage access control and prevent data loss globally, whether files are on-premises, sent in email, or shared in the cloud.
“We are committed to helping our clients understand emerging regulatory guidance and how they can best leverage new technology to adapt to an evolving cybersecurity landscape,” said Yohan Kim, COO of RFA. “With Vera, we can provide our clients with greater operational control and security risk management by enhancing their ability to control access to confidential data both inside and beyond the firewall, without negatively impacting day-to-day business workflows.”