Finastra Switzerland service bureau certified with global security framework ISO 27001
Certificate recognizes information security management in line with international best practice
London, UK, November 26, 2018 - Finastra announced today that its Service Bureau in Switzerland has been certified with ISO 27001, the international information security management standard. The certificate enables Finastra to demonstrate to its clients and other stakeholders that all data is managed in line with international best practice.
Mike Haeufl, Head of Risk and Compliance at Finastra Switzerland said, “Following the introduction of the General Data Protection Regulation (GDPR) in the European Union earlier this year, a growing number of banks are keen to ensure that service providers have robust security frameworks in place, protecting their clients’ data. We are committed to the highest levels of quality and reliability and this certification gives our clients an independent, expert assessment which demonstrates our ability to manage information security in line with best practice and business objectives.”
The ISO 27001 standard adopts a process-based approach for establishing, implementing, operating, monitoring, maintaining, and improving Information Security Management System (ISMS). It helps organizations to protect client and employee information, manage risks to information security effectively, and achieve compliance with regulations such as GDPR.
“As data protection regulations become more and more tight like the European Union’s GDPR and fines and reputation loss could have a huge business impact, the independent assessment that is delivered by ISO 27001 reinforces the trust that we have built with Finastra over the years regarding our clients’ data protection,” said Uwe Reinemer, Head of Treasury Operations at Merck.
Michael Bates, Treasury IT Operations Manager at Shell, a Finastra customer, said, “ISO 27001 gives Corporates peace of mind when it comes to security, stability and integrity of the data sent to service providers. As the certificate is renewed yearly, it’s a strong benchmark that ensures Finastra is constantly up-to-date in managing information security.”
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Finastra unlocks the potential of people and businesses in finance, creating a platform for open innovation. Formed in 2017 by the combination of Misys and D+H, we provide the broadest portfolio of financial services software in the world today—spanning retail banking, transaction banking, lending, and treasury and capital markets. Our solutions enable customers to deploy mission critical technology on premises or in the cloud. Our scale and geographical reach means that we can serve customers effectively, regardless of their size or geographic location—from global financial institutions, to community banks and credit unions. Through our open, secure and reliable solutions, customers are empowered to accelerate growth, optimize cost, mitigate risk and continually evolve to meet the changing needs of their customers. 90 of the world’s top 100 banks use Finastra technology.
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